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8 Shocking Things That Can Destroy Your Credit Score

Buying A New Cell Phone

Everyone is excited for the new iPhone to come to be released, right? Even though you just got the new version last year, you’ll be the first in line to get the newest version this year. Before you camp out in your cell phone provider’s parking lot, you should know that buying a new cell phone can hurt your credit score. Opening a new mobile account could also initiate a hard credit inquiry. Although each hard inquiry shouldn’t drop your score too drastically, you’ll want to be careful not to initiate too many in too short a time, or else these little actions can really add up.

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