A good credit score is one of the basic building blocks to financial stability. However, even well-informed consumers may still believe in one or two of the commonly-believed myths about those crucial three digits.
"We're seeing a lot of myths out there and a lot of misperceptions consumers have about their credit scores," says Melinda Opperman, senior vice president of community outreach and industry relations at Springboard Nonprofit Consumer Credit Management.
WalletPop asked these financial educators and industry experts to share and dispel the most common fallacies surrounding credit scores. Here's the real truth about your credit score