| Fact: |
One of the most bizarre fallacies ever to be associated with credit scores. Scoring only considers credit-rated information. Any other information related to gender, race, nationality and marital status don't fall under the scope of credit scoring. To ensure that these factors are completely avoided, Equal Credit Opportunity Act (ECOA) maintains a strict policy; prohibiting lenders to consider such type of information during credit evaluation for applicants. Remember, your credit score is a reflection of your creditworthiness. |
