Madhur Sharma

To qualify for loans, receive favorable interest rates, and maintain a stable financial status, you must have a high credit score. Nevertheless, a number of factors have the potential to significantly lower your credit score if they are not properly managed. These issues, which can include unmanageable debt, missed payments, and even identity theft, might seriously affect your financial future. In this article, we'll look at the various problems that can lower your credit score and offer suggestions on how to avoid them or handle them to protect your financial condition. The first step in building and maintaining a strong credit history is being aware of these risks.