Having good credit matters for so many things we want to do as financial grownups- from things as simple as getting a credit card, to being able to get a mortgage or even a job. But there are a lot of myths around what makes a good credit score and what can hurt it. We tackle 6 of them with Clever Girl Finance author Bola Sokunbi. 

6 credit myths that will probably surprise you

• Myth #1: paying your cell hone bill builds your credit score

• Myth #2: Carrying a credit card balance is good for your credit

• Myth #3 Closing unused credit cards is good for your credit

• Myth #4: Thinking you only have one credit score

• Myth #5: Checking your credit report will not reduce your credit score

• Myth #6 A bad credit score cannot be rebuilt

Episode Links

Blinkist - The app I’m loving right now. Please use our link to support the show and get a free trial.

Bola’s website - www.CleverGirlFinance.com

Bola’s previous Financial Grownup episode

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Some of the links in this post are affiliate links. This means if you click on the link and purchase the item, I will receive an affiliate commission at no extra cost to you. All opinions remain my own.