Apoorvaa is here with another 6 reasons which can lead to a drop in your credit score. When you are looking around to boost your credit score, first check reasons behind low credit score and work on it to rectify. Let’s see 6 reasons which may be causing your credit score to drop whether you realize it or not.
- Identity theft or a mixed credit file is dragging you down
- Paying only the minimum amount due for credit card
- Errors in your credit report
- Not having a credit mix
- Length of Credit History
- Your unpaid account was sent to collection
