In the complex world of personal finance, few things carry as much weight as your credit score. Your credit score is a numerical representation of your creditworthiness, influencing everything from loan approvals to interest rates. However, the realm of credit is often shrouded in myths and misconceptions. In this comprehensive guide, we will debunk common credit myths and provide you with the knowledge you need to navigate the intricacies of credit management. Section 1: Understanding the Basics of Credit Scores Your credit score is a three-digit number that reflects your creditworthiness. The most widely used scoring model is the FICO…