# Myth Thursday: Can a bigger salary really boost your credit score? 🤔

**URL:** <https://neofinancial.discourse.group/t/myth-thursday-can-a-bigger-salary-really-boost-your-credit-score/2058>\
**Category:** Community Lounge\
**Created:** [May 30, 2025, 12:01am UTC](https://neofinancial.discourse.group/t/myth-thursday-can-a-bigger-salary-really-boost-your-credit-score/2058 "2025-05-30T00:01:11Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Sana\_Neo](https://sea2.discourse-cdn.com/flex002/user_avatar/neofinancial.discourse.group/sana_neo/32/588_2.png) [@Sana\_Neo](https://neofinancial.discourse.group/u/Sana_Neo)\
**Post date:** [May 30, 2025, 12:01am UTC](https://neofinancial.discourse.group/t/myth-thursday-can-a-bigger-salary-really-boost-your-credit-score/2058/1 "2025-05-30T00:01:11Z")

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Every week, we’re busting common money myths to help you stay informed and make smarter financial decisions.

**Myth: A salary raise (or cut) affects your credit score** 🥸  
**Truth: It doesn’t, at least not directly!** 😎 💼

**And here’s why:**

- **Credit scores don’t factor in your income**  
Your salary, whether it goes up or down, isn’t included in credit score calculations. Credit scores are based on things like payment history, credit utilization, and credit mix not how much you earn.

- **Lenders may still look at income**  
While your credit score won’t change, lenders might consider your income when reviewing a credit application. They may also review your **debt-to-income ratio** —how much debt you have compared to what you earn.

- **Job loss won’t show up on your credit report**  
Losing your job won’t impact your credit score unless it leads to missed payments or rising balances, which _can_ hurt your score.

💡 **Pro Tip:** If your income changes, try to keep up with payments and avoid taking on new debt unless necessary. That’s what really helps your credit stay strong.

**Want to learn more?** Check out this helpful article from Equifax on things that don’t hurt your credit score: 👉 [Read more here](https://www.equifax.ca/personal/education/credit-score/articles/-/learn/10-things-that-wont-hurt-credit-scores/#:~:text=Reading%20time:%204%20minutes,Paying%20with%20a%20debit%20card)

**Got a credit myth you used to believe? You’re not alone, drop it below and let’s bust it together! ⬇**