For those of you who may not know, your credit score is a three-digit number ranging from 300-900 that lenders use to check to see how financially reliable you are basically. And it’s essential. But credit can be confusing, especially when you constantly hear different things from different people on what the best practices are for improving your score. That’s why we decided to set the record straight in this credit score themed podcast. 

Check out some of the most common credit score myths below: 
  • Asking for your credit score hurts it. 
  • Closing credit card accounts help improve credit health.
  • Higher pay brings higher scores. 
  • Paying the minimum keeps your credit score up. 
Well, ever wondered whether if these myths are true or not?

In this week’s podcast, Grace and Patricia are joined by credit expert and attorney Edward Jamison. With the help from our guests, we’re going to identify fact from fiction, debunking those credit score myths in this credit score themed podcast. Have a listen to get some industry insider tips that will not only help you put those rumours to rest but help you begin boosting your credit score.

You can find the episode “Credit Score Myths Debunked” Bread & Honey Podcast on Spotify and Apple Podcast.

01 Credit Score Myths Debunked – Edward Jamison, Credit Attorney & Author

For those of you who may not know, your credit score is a three-digit number ranging from 300-900 that lenders use to check to see how financially reliable you are basically. And it’s essential.  But credit can be confusing, especially when you constantly hear different things from different people on what the best practices are for improving your score.

You can find all our podcasts on our website here.

Marble Financial (CSE: MRBL; OTCQB: MRBLF). We are a group of forward-thinking financial technology experts that understand Canadian’s occasionally need help in achieving longer-term credit health. Through our industry-leading proprietary technology solutions Fast Track Loan, Score Up, and Credit Meds. We guide our customers back to mainstream credit 50% quicker than traditional methods. Since 2016, We are proud to have empowered thousands of Canadians to a positive financial future. With this, we continue to establish ourselves as a leader in financial wellness.