One of the most debatable topics when it comes to credit cards and any type of credit is your credit score.  You’ve probably realized by now that any research you do on a credit score, you get a ton of different answers based on people’s experiences.  We are going to narrow down a few myths are known not to be truthful.

A higher salary will boost your score

Many people have come to the conclusion that getting a bigger salary or winning the lottery will boost your credit score.  While paying off your debt will boost your score, your salary will have nothing to do with it, since you’re not technically affecting your credit.  Your salary and net worth have nothing to do with your credit score.

Credit junk mail is hurting my score

People tend to believe every time they receive credit junk mail in their mailbox, they think that the credit card companies are accessing their credit and hurting it.  This is completely untrue.  Credit card companies will usually get their information from three of the big credit companies like transunion.  Credit card companies will assume that you don’t respond to these solicitations.  The trick is to keep your credit below your credit limit.  Don’t spend more than what you have credit limit wise.

Shopping for loans

When you’re trying to apply for a mortgage, car loan, etc, you will notice that lenders will access your credit report. A lot of people think that this will eventually kill their credit score in the long run with a ton of inquiries hitting their report at once.  Rest assures that as long as these inquiries are made within 14 days, they will only count it as one inquiry.

Checking your score hurts you

When you check your credit score on websites such as myfico.com, people don’t realize that this won’t generally hurt your credit score.  The trick to this is that you do it through one of the big bureaus or a legitimate re-seller.  If you start to check your score through someone outside of the legitimate companies then you’re opening yourself to lowering your credit score.

My profile hurts me

Once again, this is a big myth, some of the only personal information besides your social security number and where you live that is on the report is usually where you work.  This is only there because once again, this where you earn your income.  The point is that in the long run, your age, sex, and income have nothing to do with your credit score. 

There are many more common myths out there that people say that aren’t myths.  It’s important that you do research on these topics before you come to a conclusion.  It’s usually best to either call up a credit bureau or ask a professional.   It’s important that you don’t take any advice from random people on message boards or forums because you have no idea who they are and what they know