Top Credit Card Score Myths

One Should Avoid

Credit Card Score:

A Credit Card Score Refers To The Credit Score Associated With An Individual’s Credit Card Usage And Overall Creditworthiness. Here Are Some Of The Myths Associated With It That One Must Avoid

New Credit Cards Improve Credit Score

A New Credit Card Will Not Improve Your Credit Card Score, But Managing Your Credit Will Improve It. New Cards Has Nothing To Do With Better Credit Score

Salary Influence Your Credit Score

Your Credit Card Score Is Not Affected By Your Income; It Is Affected By Your Credit Behaviour And Management

Student Loan Affects Credit Score

Your Student Loan Will Not Impact Your Credit Score If Managed Properly. Timely Payment Of The Laon Will Not Have Any Bad Effect On Your Score

One Can’t Improve Credit Score

You Can Improve Your Credit Score With A Timely Management Of Credit. Your Credit Score Is Not Permanent And Can Be Improved

Credit Balance Will Increase Credit Score

Credit Balance Will Not Increase Your Credit Score; However, It Can Hurt Your Credit Score. One Should Keep All Balances Clear To Keep A Good Score