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credit myth buster

Credit Myth: The More Credit You Have the Higher Your Score Will Be

Gina Young · August 30, 2018 · Leave a Comment

Credit Myth: The More Credit I Have the Better My Score Will Be. Learn how to use credit to increase your score. #lexingtonlaw #creditmyth #mythbusters #credit #creditscore #FICO

Are you looking to increase your credit score? If so, you may be tempted to open a new account in an attempt to do so if you are following the common credit myth that the more credit you have, the higher your score will be. But before you apply for that new credit card, take a … [Read more...] about Credit Myth: The More Credit You Have the Higher Your Score Will Be

Filed Under: Personal Finance Tagged With: credit myth buster, credit score, FICO

Credit Myth: I Need to Earn Lots of Money to Have a Good Credit Score

Gina Young · August 23, 2018 · Leave a Comment

Do you think that you need to earn lots of money in order to have a good credit score? Don't be fooled, there are several things that you can do to increase your score whether you make a lot of money or not. #creditmyth #creditmythbuster #lexingtonlaw #creditscore #creditrepair #FICOscore #personalfinance #finance #money #FICO

If I were rich, I’d have a great credit score.  Is this ever something that you’ve thought?  On the surface, it seems reasonable to think that having a lot of money would lead to a higher credit score.  However, earning a lot of money and having a high credit score don’t … [Read more...] about Credit Myth: I Need to Earn Lots of Money to Have a Good Credit Score

Filed Under: Personal Finance Tagged With: credit myth buster, credit score

Credit Myth: All Debt is Bad

Gina Young · August 17, 2018 · 1 Comment

We have heard that living debt free is best... but is all debt truly bad? Actually, sometimes debt is good. Credit Myth: All Debt is Bad #lexingtonlaw #creditmyth #creditmythbuster #debt #debtfree

We hear all the time that debt is bad.  There are books, seminars, and programs that are all designed to teach you how to get debt free and live debt free.  But is that really necessary?  Is all debt truly that bad?  Believe it or not, the answer is no.  Not all debt is … [Read more...] about Credit Myth: All Debt is Bad

Filed Under: Personal Finance Tagged With: credit myth buster, credit repair, debt, pay down debt

Credit Myth: There is only ONE FICO score

Gina Young · August 10, 2018 · Leave a Comment

Trying to repair your credit and increase your score? Make Sure that you focus on all three credit bureaus and don't be fooled by the Credit Myth: There's Only One FICO Score // #creditmyth #creditmythbuster #FICOscore #creditscore #lexingtonlaw

Have you recently experienced a bankruptcy?  Do you have some late payments or collection accounts showing up on your credit history?  If you answered yes to either of these questions, you are probably trying to figure out how to rebuild your credit.  In order to do this, you … [Read more...] about Credit Myth: There is only ONE FICO score

Filed Under: Personal Finance Tagged With: credit myth buster, credit repair

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