I have consulted with many people that thought they had taken the right steps to improve their score prior to applying for mortgage, only to find out that they had accomplished the opposite. The following 5 ideas might sound like the right things to do, but will surely kill you credit score.

1. Paying off an old collection account

You might be thinking that lenders want old collections to be paid off, so you take care of it prior to applying for a mortgage. After all, payment history counts for 35% of the credit score. Let