Credit Myths & How To Avoid Them!

We have often heard that "a little knowledge is a dangerous thing." Yes, we might have done our job of making our clients and prospects aware of the significance of their credit score and the profound benefits that good scores bring, but we must never forget the fact that they can be pummeled with information by a multitude of questionable sources

It seems everywhere you look, some program or Web site offers credit fixes, offers and deals that make it seem so easy to consolidate debt or, worse, get "easy credit" to buy the things you need. They offer "free credit analysis"-all which will, most likely, take our seemingly credit-aware clients down a path of destruction, undoing much of our hard work.

How can we help our clients know how to filter the bad information from the good? How can we satisfy their intellects when we tell them that, even if they read it in the paper, it's not necessarily true? Sometimes, it's not that easy.

Sometimes, bad advice in the credit world can make complete sense, but still be totally wrong. I refer to these bad recommendations as "credit myths," and they run rampant-especially in the online space.

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