Myth #1 - Checking your own credit will cause your credit score to lower

This is false. Checking your own credit is a soft-inquiry and does not count against you. You can actually check your credit for free (albeit once per year) at www.annualcreditreport.com. Many companies offer 3 bureau credit reports as well as credit monitoring services allowing you to view your credit report multiple times over an extended period of time. Along with credit monitoring is the capability of watching your credit score and Identity Theft alerts.

Myth #2 - You need to wait for negative items to be removed from your credit report

Why this will work, there are other ways to remove negative items from your credit report. Be wary of offers to immediately fix your [Read more →]