Caring regarding the credit rating is essential, you pay your bills, how diversified your credit is, the length of time you’ve had credit, the amount of credit you have, plus more since it’s more than just a number; those three digits are a numerical representation of your financial health, and reflect either how weak or how strong your credit is — how timely.
Thus, any negative monetary event can seriously affect your credit history in a way that is negative.
Belated bill re payments, delinquencies, defaulted loans and bills provided for collections will all leave marks that are poor your credit history and rating.
Bankruptcies, regrettably, will be the worst. They suggest you had been struggling to resolve your monetary problems all on your own and required a legal bailout to set your finances right.