How To Improve Your Credit Score In 2012

December 31, 2011

in News

How To Improve Your Credit Score In 2012

Credit scores might be widely feared for how they can derail a loan application (or even a job application), but for such a powerful number, they are widely misunderstood. Many people falsely believe that they have only one credit score, or that they share a credit score with their spouse, for example. In the latest edition of her book, Your Credit Score, money guru Liz Weston aims to debunk those myths and explain how to clean up credit reports while raising scores. U.S. News spoke with Weston about what’s changed in the world of credit, and what consumers need to know. For example, what are the top misconceptions that people have about credit scores? “Two of the biggest ones are that you can improve your scores by closing accounts (you can’t, and you may wind up hurting them) and that checking your own credit reports or scores will hurt your numbers.” [Read this article]

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