March 10th, 2016 9:10 AM by Christopher Lear
There are a lot of misconceptions about what information (about you) becomes part of your credit report.
Some of it is “urban legend” — passed on from person to person — but not necessarily true. So here are 7 of them that I’d like to clear up for you.
Also, by knowing your credit score, by knowing what’s in your credit file, you can avoid working with unscrupulous lenders who tell you that your credit score is “low” in an attempt to charge you a higher interest rate or unfavorable terms.