Credit Myths #4 -My income affects my credit score

Credit Myths #4 -My income affects my credit score

While your credit report may or may not show your current employer your income is not a part of your credit score at all. In fact there is no reporting of your income to the credit bureaus at all. Hence the fact that every time you apply for a new extension of credit, the lender asks you questions regarding your income.

 


 

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