The Financially Free Blog

Kylie Lipinski, A Certified Financial Trainer Kylie Lipinski, A Certified Financial Trainer

3 Myths About Your Credit Score

Credit scores may be the most well-known measure of financial wellness, but how they are calculated is less clear to many people. A survey from CompareCards by LendingTree found that 37% of consumers agreed with the statement that they had “no idea how [their] credit score is determined.” This lack of clarity allows misconceptions about credit scores to thrive and can keep people from taking the necessary steps to improve their scores.

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