Category Archives: Credit Repair Myths

Credit Myths #3 -Every time your credit is pulled your score decreases

Credit Myths #3 -Every time your credit is pulled your score decreases

This actually depends on whether the person pulling your credit is doing a “hard pull” or a “soft pull”. Generally speaking any time you are applying for a new extension of credit you will...
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Credit Myths #2 – Paying off Collection and Charge-offs will improve your credit score

Credit Myths #2 - Paying off Collection and Charge-offs will improve your credit score

While it is your responsibility to pay off your past due debts this will almost never improve your credit score and in many cases can hurt your credit score. I thought it...
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Credit Myths #1 – Paying off your credit cards each month will improve your credit

Credit Myths #1 - Paying off your credit cards each month will improve your credit

Most consumer believe that paying off their card in full each month will somehow help their credit. This is simply not true. In fact for most consumers this will hurt your...
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