The Surprising Financial Milestone That Hurts Your Credit Score

Maxing out credit cards, falling behind on bills, going into foreclosure--these are all known villains that will slay your credit score. But did you know that buying a house will also most likely cause your credit score to drop? That's right; after you've demonstrated utmost financial responsibility by establishing a solid credit score and saving for a down payment, taking out a mortgage will ding your score. On average, credit scores dip by 15 points after purchasing a home, but they can drop b...