🧮 Why Is My Credit Score So Low? 📉

A low credit score usually comes from missed payments, high balances, or lack of credit history.

Common causes

  • Missed or late payments
  • High credit usage
  • Too many applications
  • No credit history

1. Missed payments

Even one late payment hurts.

Quick fixes:

  • Set up direct debits
  • Check for old unpaid bills

2. High credit usage

Using more than 30% of your limit lowers your score.

Quick fixes:

  • Pay down balances
  • Ask for a higher limit

3. Too many applications

Each check lowers your score temporarily.

Quick fixes:

  • Avoid applying for 3–6 months

What to try first

Check your credit report for errors.

When to contact the agency

If you spot incorrect information.

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