Your landlord can actually report that he or she has evicted you for defaulting on your apartment rent, and this would surely sne dshivers down most property management companies and mortgage lenders. Mounting Utility Bills Paint a Bad Credit History While late payments on utility, cable TV and telephone bills are not often reported to credit agencies, a number of US states actually report these types of delinquencies to collections agencies. If you have debts with former creditors, make sure that you work out a full settlement with them, and guarantee that what s accomplished between you and your creditor does not get reported elsewhere. Not Having a Credit Score According to credit experts, many people today still don t have their own credit score. The credit score is valued, and analyzed by banks, credit unions and other financial institutions, as well as by employers, mortgage companies, and even by your landlord. Once you obtain your credit score, make sure you regularly track your credit by signing-up for a free online credit report. A free online credit report helps you quickly find out whether there s an error or inconsistency in your credit history, so that you can immediately have those errors erased or corrected, and you ll have a much easier time dealing with potential lenders. Pay-Off A Sizable Amount of Your Current Debts In order to build a good credit score, pay-off a sizable portion of your current debt load, since the more available credit you have, the more will your credit rating improve. Also have a considerable savings and checking account, as well as learn to regulate it too. Pros OF Credit Monitoring Services - A credit monitoring service makes a person life so much easier. Instead of personally filing for a credit report in the agency s office, you simply need to go online to quickly pull them up. A credit report is generally presented in an easy-to-understand format, which won t require you to hire the services of a professional financial analyst to sort through the clutter. A person who's experienced bankruptcy will also be classified as a high-risk customer, hence the rejection of his or her loan application. Before you file for bankruptcy, remember that bankruptcy is not an easy way out of your financial mess, because it will have serious implications on your credit record, and will also seriously hamper your business dealings with other people.