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10 Common Credit Score Myths


10 Common Credit Score Myths

Image source: Getty Images.

The FICO credit scoring model is misunderstood by many consumers. There are some popular misconceptions about what actions can boost or damage your score, what's factored into your score, and how your credit score affects your ability to buy a home or car.

With that in mind, here are 10 of the most common credit score myths, and the reality behind each one.

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Source: Fool.com


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