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The Mistakes That Can Kill Your Credit Score

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Your credit score is important. It can help you save money on credit card rates, loans and more. But if you have a bad score, you will end up paying more.

One missed payment can have a huge effect on your credit score. Always pay on time with automatic recurring payments.

Using all of the available credit on your credit card can also have a negative effect. To stay in the clear, keep your spending around 10 percent of your available credit.

Image via Flickr/GotCredit

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