| Fact: |
Not at all true! Your credit score encompasses your risk at a particular point in time. With due course in time, the addition in your bank and credit bureau files changes your score. The way you handle credit alters your credit score. For example, your credit problems that seemed big in the past gradually fade out with time; affecting less on your current score. Usually, lenders request your current credit score in evaluating your credit application. This presents with only the most recent information under scrutiny. |
