Late payments, extended balances and hard inquiries are some common ways your credit rating can take a hit. Continuing these behaviors over time can seriously impact your score, so monitoring your credit as closely as possible is the best way to avoid any costly mistakes. However, some may be surprised to know that there are some actions that will not directly affect the state of your credit. It's worth noting that, while the following factors will not hurt your credit score, they may have an effect on your financial situation.
Although your employer will be listed on your credit report, the amount of income you earn will not directly affect your score. A high salary will not increase your credit score, nor will a lower one decrease it. Even if you find yourself in the unfortunate position of being out of work, simply being unemployed will not directly affect your credit score either. As long as you continue to make minimum payments on your debts and pay your bills on time, your credit score will not be adversely affected.
It is never a good idea to not pay rent, but if you are in a dispute with your landlord or have broken a lease, it will not show up on your credit score. However, if you continue to withhold rent and are evicted, this will impact your chances of applying for a future apartment or qualifying for a mortgage for a home.
Getting married or going through a divorce can take a major toll on your personal life, but you don't have to worry about it impacting your credit score. However, there are other ways your relationship status can have consequences on your bank account. Experts say that combining your finances or establishing a joint account will have ramifications on your score if you do not handle them properly. Whether you sign up for a joint account for a credit card or mortgage, it is still the responsibility of the couple to pay off the entire debt. If either member of the couple miss a payment, this will then affect each person's credit score.
Each of these areas do not directly affect your credit score, but they are still situations you should keep an eye on.