The most important thing that you should do is check your credit report regularly; it will help you keep track of everything that goes on in your account

1. 5 Myths about your credit score
A lot of people would say that they are well educated about the work of their credit score or credit report.
What they don’t know is that the things they think they know could possibly be a myth. And that they
could be just making things worse for their credit. Here are a few truths that you should learn in order to
boost your credit the right way.
Myth #1: The more you check your credit, the lower your score gets
The most important thing that you should do is check your credit report regularly; it will help you keep
track of everything that goes on in your account. If you have been a victim of identity theft, you are
required to check your report at least once every month to track suspicious activity. Checking your credit
report will not hurt your score.
Myth #2: You can remove bad records in an instant just by paying them off.
Bad debts aren’t uncommon in people’s records. Paying them off may make a tiny positive impact on
your credit record. But it won’t make those negative marks magically go away. In fact, they could stay on
your record for 7-10 years. That’s why it’s good to be well educated about credit matters. It’ll give you an
idea on how and where to make a good start.
Myth #3: Closing other accounts will help you improve your score.
A lot of people think that closing their accounts will make their credit score better. But what they don’t
know is that whenever they close an account, you lose 10-20 points whenever you do. When you cancel
accounts, it’ll seem like you have a short credit history. Also, it may look like you have less available
credit and that can lower your credit score.
Myth #4: You will only get a free credit report if you sign up for a service.
There are a lot of advertisements online that tell you that you offer you information on how you can get a
free credit report. What they usually tell is that you have to sign up for their service in order to get one.
The truth is, you are entitled to a free credit report every year from all three credit agencies. No need to go
for those scams.
Myth #5: It is illegal to repair your credit.
Repairing your credit is never illegal. Even though there are some people who do it illegally, there are
ways for you to improve your credit rating in a lawful way. You can remove negative or out-of-date items
from your record, pay bills regularly on time and use your credit wisely.