4. Assuming that spouse’s action has nothing to do with credit score: Yes, this is true that the credit bureaus keep separate scores for spouses, but there are chances that the actions of your better half can have a negative impact on your credit score.  Any joint accounts or loans taken will be shown in your credit scores separately. Thus if the spouse fails to pay bills on time, or carries a higher credit card balance, then the other spouse’s credit score is likely to take a hit. It is often seen that some married couples put all credit card accounts and loans in one spouse’s name. By doing this one partner is left with a huge gap in his or her own credit history.

5. Keeping large balance on your credit cards: Another important factor after timely payments on your credit report is the credit utilization ratio; this is nothing but the percentage of available credit that you are using on your credit cards, both individually and in sum. Aim to keep that ratio below 20 percent to 30 percent. Even if you do your payments on time and if your credit utilization ratio is high then it will surely affect your credit score. But people mostly don’t bother to have a look at their credit utilization ratio. If you charge everything on one card for your own convenience or to rack up rewards points and then pay off everything when you get your bill, you may still be doing damage to your credit score.

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