"The credit bureaus create your credit score” is an example of a credit score myth that is often misrepresented. In this video, Elevate.com debunks 6 common myths about credit scores. You’ll learn what’s a myth, what’s not, and how revealing the truth about credit scores could help you in your personal finance journey.
When it comes to credit scores and reports, popular opinion is often peppered with myths, misrepresentations, and misunderstandings. Elevate.com recognizes the difficulty in deciphering these credit myths vs credit facts and how misinformation can impact key financial decisions. In this video, Elevate.com’s resident credit score expert sheds some much needed light on the credit scoring system, bureau practices, and how incorrect information about credit can leave you in the dark.
How many of these credit score myths surprised you? Tell us in the comments, below!
Elevate.com is the destination for anyone seeking to build credit and explore borrowing options — with many helpful resources to boost financial wellness.
Understanding your credit is a vital step in your personal financial future. Elevate.com provides free credit information and educational tools to help kick-start your financial wellness journey.
Elevate.com provides innovative credit solutions to those seeking an alternative to traditional lending products and provides helpful credit-building tools and resources to help you improve your credit score and overall financial health.
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