Do you know the reason why you always suck when it comes to credit problem? Maybe your credit application is always rejected or even if you get approval, the interest rate seems too high. Do you know why this happen?
Well, those problems happen because you have a low credit score. Credit score is a number that generated by some complex mathematical equation to determine how good your credit behavior is. Credit score range from 300 – 850. The lower your credit score, the more likely you will get no approval from any lender because a low credit score reflect your bad credit behavior.
On the other hand, the higher your score the higher chance you will get the approval at a lower interest rate. Because based on your credit history, you have a good credit behavior. Therefore the lender feel some promising chance to deal with you.
Then, what are the factors that can kill my credit score? Here are two factors that can kill your credit score so fast:
1. Missing payment
You should never miss your payment. Because this is number one factor that can kill your credit score right away.
2. Late Payment
Even though late payment is not as crucial as missing payment but still have a high impact in killing your credit score. Believe me, if you get your due date, it means the lender wants to get their money back on that date.
Well there are still many factors but those two are the main factor. Therefore, if you plan to apply for any credit, you better check out your credit score report from CreditSesame.com. Because they offer you a free credit scores report! No kidding, it’s free guys! Just sign up right now before they change their mind! 
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