Credit Score Myths

13 of the most common credit score myths. Here's everything you should know about what makes that magic three-digit number go up or down.

Credit Myths and Facts You Should Know - Equifax

Checking out your credit scores and credit reports does not impact your credit scores. In fact, it's a good habit to get into, and it's especially important if ...

Credit Score Facts & Fallacies: The Truth Behind Common Myths

A score is a "snapshot" of your risk at a particular point in time. It changes as new information is added to your bank and credit bureau files.

Debunked: 13 Credit Myths That Aren't True - Pardee Properties

Your income or job title does not directly affect your credit score. Credit scores are based on your credit report's information, which states how you use and ...

5 Myths About Credit Scores & How They're Calculated | KeyBank

You may think you understand how credit works, but what you don't know can hurt your credit score. Here are five common credit myths that can block your path ...

Credit Myths - Experian

Credit Is Impossible to Get If You Don't Already Have It · Once a Credit Score Is Bad, It Can Never Be Rebuilt · Checking a Credit Report Will ...

Credit Myths Busted | Part One - UW Credit Union

Myth #1: Checking your own credit score is bad. · Myth #2: If I receive a credit card offer in the mail, my score will go down. · Myth #3: Using a debit card will ...

Credit score myths that might be holding you back from improving ...

Myth: Checking my credit report will hurt my credit score. Fact: Getting your free annual credit reports will not hurt your credit scores.

5 Misconceptions About Your Credit Scores | Equifax®

Checking your credit reports or credit scores does not impact your credit scores. In fact, it may actually be a good idea to check them regularly.

Debunking Common Credit Score Myths - Jenius Bank

To help clear up any confusion, let's take a moment to debunk some of the most common myths about credit scores.

Common Myths & Facts About Your Credit Score - Working Credit

Myths about credit. If you pay all of your monthly bills on time, you'll have good credit. Not true. Only certain bills are reported to the credit bureaus.

Five FICO Score Myths - 1st United Credit Union

Understanding your FICO® Score is key to building good credit. Here are five common myths about FICO® Scores explained.

The Truth About Credit Scores: 10 Myths Debunked - USAA

This article can help you learn the truth about credit scores, what makes up your credit score, and how you can raise it.

7 Top Credit Myths | TransUnion Canada

7 Top Credit Myths · Asking for your credit score hurts it. That's not true. · Closing credit cards helps improve credit health. · Co-signing does not affect your ...

Credit Score Myths and Misconceptions | MMI

It turns out that you actually may have dozens of FICO Scores. The same goes for the VantageScore®, or any score for that matter, explains credit card expert ...

5 Common Credit Score Myths | Royal Credit Union

Myth #1: Requesting a copy of my credit report will hurt my credit score. Requesting a copy of your personal credit report will not hurt your score.

11 Credit Myths: Don't Fall for 'Em - Experian

If you apply for a loan or a credit card, your score might fall, because that application suggests you'll be adding debt. But if you simply look ...

5 Credit Myths and Facts | Capital One

Myth No. 1: You have only one credit report and one credit score · Fact No. 1: You have multiple credit reports and credit scores · Myth No. 2: ...

Improving your credit score: Truth and myths revealed - U.S. Bank

As you're working to improve your credit score, be on the lookout for scams. Learn more about how to spot a credit repair scam.

3 Common Credit Myths That Could Damage Your Score - NerdWallet

A new NerdWallet survey finds that Americans hold many misconceptions about their credit, some of which could seriously damage their scores.