A person’s credit score is an integral part of his/her financial life. Your credit scores may be viewed by a lot more agencies, organizations and individuals than you may realize.  Everything from banks, credit unions, utility firms, landlords, insurers and even employers may be looking at this information. According to a recent survey, half of Americans don’t honestly know how their credit scores are calculated, or what factors are used to compute those three vital numbers. Here are five common myths about credit scores. Remember, knowledge is power! (more…)