10 Credit Score Facts

1. Credit Reports are not the same as Credit Scores
2. There are 5 main factors that influence Credit Scores
3. Your Credit Score and Credit Report is FREE
4. Checking your own credit score will not lower your score
5. There are many scoring models, and the score does not have the same meaning in every model
6. Watching your score can prevent fraud
7. Over Time, your score can cost, or save, you thousands of dollars
8. Joint accounts affect your score, but there is not joint scores
9. Negative Information eventually falls off your credit report & score
10. There’s more to lending decisions than credit scores