Steer clear of these hidden mistakes that can cause your credit score to plummet.

Generating too many inquiries

When you receive a quote on interest rates, lenders pull a hard inquiry that shows up on your credit report. If you request these inquiries over a period longer than 14 days, each quote shows up individually. When you're comparison shopping for a loan, gather your quotes in a short period (ideally, all within two weeks of each other), and your credit will take less of a hit.

The little things can add up

Unpaid bills from a variety of sources can cause your credit score to plummet if they're unresolved. this is an easy fix and just a matter of settling the outstanding payment. To check for these issues, pull a credit report, you can get one for free each year from the three credit-reporting agencies (Experian, TransUnion, and Equifax).

Incorrect information

Let's get real:Errors occur and businesses make mistakes. If your credit report is harboring incorrect information about your financial records, this could drag down your credit score. Correcting errors can be long and arduous, but it's worth the effort.

Utilizing your available credit a little too much

Maintaining a high credit utilization ratio will hurt your score. If possible, try to keep balances low on your lines of credit.

Not using credit at all

The silent way to ruin credit is by not using it at all. There is nothing to show that you're a responsible user of credit who can manage balances and payments. Inactive accounts may even default to closed over time, and that too can ding your score.

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Information obtained from Trulia