Top 10 Credit Myths

1. Previous occupants of your address...

...affect
your credit scoreor...don't affect
your credit score

2. Credit reference agencies...

...don't make
lending decisionsor...make
lending decisions

3. Past missed payments...

...do countor...don't count

4. If you've never borrowed before...

...you'll definitely
get the best dealsor...you're unlikely
to get the best deals

5. You only have one credit score...

...falseor...true

6. Credit blacklists...

...existor...don't exist

7. Friends and family living in your home...

...affect
your credit ratingor...don't affect
your credit rating

8. It doesn't matter how many credit accounts you have...

...trueor...false

9. Items in your credit history stay on your report forever...

...falseor...true

10. Checking your credit report lowers your credit score...

...trueor...false