Every Thursday, we’ll be posting common money myths that have been passed down over time. We’re here to set the record straight so you can stay informed and make smarter financial choices!
Myth: Your salary affects your credit score. 
Truth: Nope! Your income has no direct impact on your credit score. 
Credit scores are based on how you manage your credit, not how much you make. They look at things like your payment history, how much credit you’re using, and how long you’ve had credit, but your salary doesn’t factor in at all.
Pro Tip: No matter your income, you can still build a strong credit score by making on-time payments, keeping credit card balances low, and being consistent with your credit use.
Simply: The key to a great credit score is showing you can manage credit responsibly, not how much you earn!
Want to dive deeper into what affects your credit score? Check out this helpful article from Equifax on things that actually don’t affect your credit score here
Was there a credit myth you once believed? You’re definitely not alone! Drop it below and let’s learn together 