What Hurts (and Doesn’t)You already know that the higher your credit score the better. And you probably know the basics for keeping your score high — pay your bills on time, don’t carry too much credit card debt, etc. But you might be surprised at some little-known factors that can do some serious damage to your score.

Click through our gallery as personal finance experts Ken & Daria Dolan reveal eight credit score “no-no’s” that pack a real wallop.

1. Parking Tickets And Library Fines

Yup, that $3.45 late fee from the library can single-handedly knock down your credit score. More and more local governments are reporting unpaid parking tickets, library fines and such to collections agencies and that can really hurt your score as you’ll see on the next screen.

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• HOW TO IMPROVE A CREDIT SCORE AFTER BANKRUPTCY
• OUTSMART YOUR CREDIT CARD COMPANY

Pages: 1 2 3 4 5 6 7 8

Tags: bankruptcy and foreclosure, credit card tips, credit counseling, credit score, debt consolidation, hurt credit score

This entry was posted on Thursday, May 29th, 2008 at 9:41 am and is filed under MONEY AND WEALTH. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.