So…we get asked hundreds of questions per day about a myriad of topics, including real estate, mortgages, taxes, the local community, whether the chicken or egg came first. One of the primary concerns of buyers is, of course, their credit score. Does paying the cell phone payment on time increase the score? How about closing old accounts? Everyday, we hear these questions (and not just during the “work” day….I hear people talking about this all the time in my time off work as well).
We thought if we’re hearing these questions, you for sure are. We have come up with the Top 5 myths about Credit Scores and reveal the TRUTH. I can tell you right now, I believed a couple of these myths to be fact for a long time. Read them and let us know what you think!