Opening a new credit card, paying off a loan can harm your credit temporarily: Here’s why

There are several actions and inactions that can have a negative impact on your score

Last updated: January 21, 2022 | 10:47

Justin Varghese, Your Money Editor

3 MIN READ

Add as a preferred source on Google

1/36

2/36

3/36

4/36

5/36

6/36

7/36

8/36

9/36

10/36

11/36

12/36

13/36

14/36

15/36

16/36

17/36

18/36

19/36

20/36

21/36

22/36

23/36

24/36

25/36

26/36

27/36

28/36

29/36

30/36

31/36

32/36

33/36

34/36

35/36

36/36

Get the latest news and updates straight to your inbox

Up Next

Related Stories

UAE fuel prices for February out today: Costs to rise?

3m read

UAE fuel prices for February: Petrol costs to fall?

2m read

It was March 1 that Dubai updated its RERA Rental index. Effective April 1, landlords in Dubai can ask for rent re-valuation only if they attach a legal order or judgement.

New to Dubai, renter's missing Ejari delays services

4m read

Ramadan: Shopping, screen time, travel habits to change

3m read