EPISODE · Jul 25, 2025 · 2 MIN
5 Ways You Can Ruin Your Credit Without Knowing It
from The Credit Pros Podcast · host The Credit Pros
Poor credit can hinder various aspects of life, and people often don't realize what can ruin their scores. Bankruptcy severely reduces credit scores and stays on reports for up to 10 years. Applying for numerous credit cards can decrease scores due to hard inquiries. Co-signing a loan risks credit damage if the primary borrower defaults. Late payments and defaults lead to significant score drops and stay on reports for 7 years. Not checking credit reports for errors, which can unfairly lower scores, is an easily avoidable mistake.
NOW PLAYING
5 Ways You Can Ruin Your Credit Without Knowing It
No transcript for this episode yet
Similar Episodes
Mar 26, 2026 ·1m
Mar 19, 2026 ·34m
Feb 18, 2026 ·11m
Feb 11, 2026 ·45m