Introduction:
Your credit score plays a critical role in your financial health, yet many people unknowingly make simple mistakes that can cause long-term damage. At Rock Credit Repair, we’ve helped countless clients in Texas overcome credit challenges, and it often starts with correcting these common issues.
- 1. Making Late Payments Even one missed payment can drop your score significantly. Set reminders, enroll in auto-pay, or create a calendar system to avoid missing due dates. Fix it: If you’ve missed a payment, call your lender and ask if they’ll remove the late mark as a courtesy — especially if you have a strong history.
- 2. Maxing Out Your Credit Cards Your credit utilization ratio (how much you owe vs. your credit limit) should stay under 30%. Using too much of your available credit can signal risk to lenders. Fix it: Pay down balances and consider requesting a credit limit increase (without a hard inquiry).
- 3. Ignoring Your Credit Report Many people don’t check their credit reports and miss errors or signs of identity theft. Fix it: Get your free report at annualcreditreport.com and review it regularly. Dispute any inaccuracies immediately.
- 4. Closing Old Accounts Old accounts help establish your credit history. Closing them can shorten your credit age and hurt your score. Fix it: Keep older accounts open, especially if they have no annual fee and a positive payment history.
- 5. Applying for Too Much Credit at Once Each new credit application can result in a hard inquiry, which may lower your score temporarily.
Fix it: Space out credit applications and only apply when necessary.
Need Help Repairing Your Credit?
At Rock Credit Repair, we’re certified, bonded, and based right here in Round Rock, Texas. We offer free consultations, personalized strategies, and even in-person appointments at our local office.
👉 Contact us today to schedule your consultation and take the first step toward better credit.