Credit score myths often go unquestioned, leading many to accept them as facts. However, widely held beliefs about this important financial ...

Below, Select asked financial expert John Ulzheimer, formerly of FICO and Equifax, the truth behind 13 of the most common credit score myths. Here's everything you should know about what makes ...

Credit cards and save you money and earn you things like free travel -- but you have to use them responsibly. Read on for ...

Myth 1: You should never close your oldest credit card Myth 2: You need a perfect credit score Myth 3: Carrying a balance helps your credit score Myth 4: Checking your credit score will lower it ...

Credit scores could drop by more than 150 points for some borrowers and will likely result in "reduced credit limits, higher ...

But there’s a downside, too, and consumers who don’t understand how credit card use impacts their credit scores and greater ... Salazar dispels five common myths: For personalized action ...

Staying in debt isn't necessary to maintaining a good credit score, especially when young A common misconception is that staying in debt is necessary to maintain a good credit score. Shutterstock ...

but they’re also surrounded by myths that can lead to confusion and poor money management. From the belief multiple credit cards could hurt your score to the misconception that applying for a ...

How to cancel a credit card without dinging your credit score Carrie Pallardy has more than nine years of experience writing about a range of topics, including healthcare and cybersecurity.

A 900 credit score is epitome of financial discipline. But can we achieve it and does it make a significant financial impact from almost perfect? Let's strip out the myths from reality.