01 Credit Score Myths Debunked - Edward Jamison, Credit Attorney & Author Bread And Honey - The Money & Personal Finance Podcast

For those of you who may not know, your credit score is a three-digit number ranging from 300-900 that lenders use to check to see how financially reliable you are basically. And it's essential. 

But credit can be confusing, especially when you constantly hear different things from different people on what the best practices are for improving your score. Check out some of the most common credit score myths below: 
Myth 1: Asking for your credit score hurts it. 
Myth 2: Closing credit card accounts help improve credit health.
Myth 3: Higher pay brings higher scores. 
Myth 4: Paying the minimum keeps your credit score up. 
Well, ever wondered whether if these myths are true or not?
In this week's episode, Grace and Patricia are joined by credit expert and attorney Edward Jamison to identify fact from fiction, debunking those credit score myths. Have a listen to get some industry insider tips that will not only help you put those rumours to rest but help you begin boosting your credit score. 
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You can find all our podcasts here: https://www.mymarble.ca/breadandhoney 
Music by: LightBeats