[SIMPLY MONEY PODCAST – 7min 15 sec]
Aired August 29, 2018 with Britt Scearce, Business Development Officer and Credit Expert at Emery Federal Credit Union.
Britt joins Nathan Bachrach and Amy Wagner of Simply Money Advisors to debunk more credit myths that are currently circulating as it relates to your FICO Credit Score. Topics discussed include:
- Can carrying a balance on your credit cards improve your credit score?
- Now that your promoted to a higher paying job, does your credit score automatically increase?
- If you marry a spouse with a good credit score, does your credit score change?
Spoiler alert: The quick answer to all of these questions is NO. Learn more by listening to Britt, Nathan and Amy discuss these common misconceptions on credit scores.