Nevertheless, you should always watch your credit score closely and
avoid damaging your credit history with late or missing payments, too many outstanding loans and too many loan requests.
While having no credit history makes you a credit risk to card issuers, having no history is still better than having a bad history, so use your credit card responsibly to
avoid damaging your credit history.
Not exact matches
If possible make sure to put direct debit of the minimum payment on your bank account in order to
avoid generating more interests and
damaging your
credit score and
credit history.
Other than bankruptcy, nothing
damages your
credit history,
credit score, and
credit report more than a foreclosure, so you will want to
avoid it at all costs.
Borrowers should do everything they can to
avoid foreclosure, which is one of the most
damaging events that can occur in an individual's
credit history.