Your credit score decides the interest rate on your car, your home, and your business loan. A few points can mean thousands of dollars over a few years — yet most of what people believe about credit is wrong.
Myth 1: Checking your score lowers it. Checking your own credit is a soft inquiry and has zero impact. Only hard inquiries from lenders count, and even those fade quickly.
Myth 2: Closing old cards helps your score. It usually hurts. Closing a card shrinks your total available credit and shortens your average account age — both lower your score.
Myth 3: You need to carry a balance to build credit. You do not. Pay your statement balance in full every month and your score still climbs, without paying a cent in interest.
Myth 4: Income affects your score. It does not. Credit reports do not include your salary. What matters is how you use the credit you have.
Myth 5: Disputing errors is too complicated to bother. Errors are common and fixable. A line-by-line review is the fastest way to find the ones dragging your score down.
If your score feels stuck, the answer is rarely a secret trick. It's a clear read on your report and a plan to fix what's actually wrong.
Want a plan, not just a guide?
Bring your questions to a free 20-minute consultation.
We will look at your situation and give you a plain-language plan — even if you decide not to move forward.