http://www.savoycredit.com As industry experts, we understand just how easy it is for anyone to slip into a bad credit score. Whether your credit has been affected by student loans, a bankruptcy, a divorce, foreclosures or anything else, it can be an extremely frustration experience which can deny you access to many of your most important life goals.

1. Savoy Credit specializes in helping
people rebuild their credit scores. We
are industry experts with proven
experience in helping clients repair
their credit!

2.  TOP 26 Misconceptions of Credit
As industry experts, we understand just how easy it is for anyone to
slip into a bad credit score. Whether your credit has been affected
by student loans, a bankruptcy, a divorce, foreclosures or anything
else, it can be an extremely frustration experience which can deny
you access to many of your most important life goals.

3.  Myth #1: You share a credit score with your
spouse.

4.  Myth #2: Your credit score only counts when
you're looking to borrow money.

5.  Myth #3 Always pay your credit card balance in
full and that will give you the best credit.

6.  Myth #4: My mortgage broker can use the credit
report I obtained from Annual Credit Report.

7.  Myth #5: Too many accounts will hurt, therefore
you must close accounts.

8.  Myth #6: A co-signer is not responsible.

9.  Myth #7: If a judge in a divorce proceeding
orders a spouse to pay a debt, it's no longer
affected by credit.

10.  Myth #8: Piggybacking does not work anymore.

11.  Myth #9 Opting out will increase your credit
score.

12.  Myth #10: Multiple auto loan inquiries increase
will hurt your score for each one.

13.  Myth #11: It will take me seven years to improve
my credit, when in actuality it's an ongoing
process to improve your credit.

14.  Myth #12: A serious financial crisis like as a
foreclosure or bankruptcy permanently hurts
your credit score.

15.  Myth #13 FICO scores are locked in for six
months, and that they change every six months.

16.  Myth #14 "I don't need to check my credit report
if I pay my bills on time."

17.  Myth #15 "Checking my own credit report harms
my credit standing."

18.  Myth #16 Consolidating into a low interest credit
card will increase your score.

19.  Myth #17: Going over the balances on your credit
limits are okay because the credit card company
authorized the purchase.

20.  Myth #18 "As long as you pay off your credit
card balances, your score will go up."

21.  Myth #19 Types of Credit don't matter.

22.  Myth #20 Paying off an old collection or charge
off will increase your credit score.

23.  Myth #21 Using debit cards which will help to
build your credit is another myth.

24.  Myth #22 "The credit bureaus are government
agencies."

25.  Myth #23 "If I get one credit bureau to remove an
item from my credit report, all the other bureaus
will remove it automatically.

26.  Myth #24 Credit repair is against the law, is
another myth.

27.  Myth #25 Your salary makes a difference in your
credit score is another myth.

28.  Myth #26 Adding a consumer statement to your
credit file makes a difference, and ultimately,
does not make a difference in your credit scoring
at all.