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4 Credit Score Myths

4 Credit Score Myths

Credit News | February 27, 2009 at 4:17 am | 72 comments

1) Checking your credit score/history will negatively affect you This is incorrect. Personal inquiries are considered “soft inquiries”, and soft inquiries do not count against you. Soft inquiries are not part of an individual’s credit score calculation. Check your own score all you want, it will not hurt you. 2) Your score is the only thing that matters to a lender Incorrect...

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