Top 10 Credit Score Facts & Fictions

Here are the top 10 credit score fictions on which you need the facts…

1. More Money Earned Means Higher Credit Scores
2.Once You’ve Settled A Debt It Drops Off Your Credit Report
3. Credit Bureaus Are Accurate All The Time
4. Cash-Only Policies Will help your Credit Score
5. Credit Reports And Credit Scores Are The Same Thing
6. Managing Your Checking, Savings & Investment Accounts Impacts Your Credit Score
7. Closing Your Credit Card Accounts Improves Your Credit Score
8. Pulling Or Looking At Your Credit Report Will Lower Your Credit Score
9. Missed Payments On Bills Or Debt Not Generally Reported To Credit Bureaus Doesn’t Affect Your Credit Score
10. Disputing Accurate Info On Your Credit Report Will Remove It