The Financially Free Blog
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.