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A Credit Card can affect your Credit Score. Read this and use it wisely to positively imp act your Credit Score. Paying only the minimum due, maxing out your credit limit, skipping payment due to a dispute and multiple rejected applications affect your Credit Score negatively.

Minimum payment only
Paying your bill regularly is a good thing, but paying only the minimum due is not. It casts doubts about your financial stability.

Maxing out your Credit limit
It�s ideal not to use more than 60% of your credit limit. If you max out your credit, it�s taken as a sign that you rely too much on credit.

Skipping payment due to a dispute
If there�s a dispute regarding some charges, don�t skip paying the bill. It spells double trouble! Once the dispute is settled, the Credit Card issuer will reverse the disputed amount to your account.

Rejected Applications
If your Credit Card application gets rejected for whatever reason, especially more than once, it will damage your Credit Score. So, make sure you provide the correct information to avoid rejection.