Credit Score Drop: Hidden Habits & Overlooked Details Explained

• Credit scores can decline due to subtle habits and overlooked details, even with timely bill payments and careful credit use.
• Key reasons for a falling score include high credit utilization (60-80%), making only minimum payments, and frequently opening new credit accounts.
• Closing old accounts or minor errors like late payments can also negatively impact your credit score.
• To improve scores, experts advise limiting credit card use to 30-40%, making full payments, maintaining old accounts, and regularly checking credit reports.

Why It Matters: Hidden everyday habits, not just big errors, can silently lower your credit score.