Back to Main Site
Myth #1: My credit is destroyed, there is nothing I can do now
Fact: You can start rebuilding your credit today and slowly take control of your credit situation. You've already started to take the first step:
Myth #2: I'm a failure because of my credit situation
Fact: Regardless of whether it was your past habits that got you into this situation or something beyond your control, the fact that you are now taking control proves you have not failed. Many people experience bad credit at one point in their lives, it is their ability to move forward and towards better credit that ultimately matters. You cannot change the past, but you can work towards a better future.
Myth #3: The information on my credit report cannot be changed
Fact: Federal Legislation mandates that the credit reporting agencies must remove anything that is not 100% accurate or which cannot be verified within 30 days. The Fair Credit Reporting Act ensures that you can review your credit report, identify any mistakes and ensure they take action on removing erroneous items.
Top 3 Credit Myths
Myth #1: My credit is destroyed, there is nothing I can do now
Fact: You can start rebuilding your credit today and slowly take control of your credit situation. You've already started to take the first step:
1. Learn more about credit and how to use it
2. Look for better credit options
3. Make your payments on time from now on
2. Look for better credit options
3. Make your payments on time from now on
Myth #2: I'm a failure because of my credit situation
Fact: Regardless of whether it was your past habits that got you into this situation or something beyond your control, the fact that you are now taking control proves you have not failed. Many people experience bad credit at one point in their lives, it is their ability to move forward and towards better credit that ultimately matters. You cannot change the past, but you can work towards a better future.
Myth #3: The information on my credit report cannot be changed
Fact: Federal Legislation mandates that the credit reporting agencies must remove anything that is not 100% accurate or which cannot be verified within 30 days. The Fair Credit Reporting Act ensures that you can review your credit report, identify any mistakes and ensure they take action on removing erroneous items.