When I saw the subject article on Yahoo! Finance, I was pleased to note that my EQ article “Take Control of Your Credit Rating ” covered these myths in detail. Take the quiz and see if you are armed with the necessary information.
Myth #1: Closing a card after paying off a massive debt load is a fine idea.
Myth #2: Your employment history impacts your score.
Myth #3: Financing a big purchase — like a new home or car — will lower your score.
Myth #4: The older you are, the higher your score.
Myth #5: Checking my score will lower my score.
