Credit Score Myths Busted

March 13, 2012 by Credit Sesame

Credit is easily one of the most important aspects of our financial lives, yet it’s often one of the most misunderstood. With all the credit score theories you’ve collected — from friends, the news, the web, and personal finance celebrities — you probably have a good idea about what helps your score go up, and what will send it plummeting. But chances are, some of what you’ve heard and thought were true are nothing but a myth. Use our handy guide to determine, once and for all, which of your notions are fact and which are myth.

Credit Score Myths: Busted

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Credit Sesame is a completely free personal finance tool that provides consumers with a free credit score, customized financial analysis and unbiased recommendations to help them take action on their credit and save money on their loans and credit cards.