When it comes to building and repairing credit, misinformation can hold you back. HL Hunt is here to debunk common credit myths and show you how simple credit repair and growth can be with the right tools.
Myth 1: You Need a Lot of Money to Build Credit
Reality: Building credit doesn’t require a large income. HL Hunt’s credit lines and payment reporting services are designed to help individuals of all income levels improve their credit scores.
Myth 2: Closing Old Accounts Boosts Your Score
Reality: Closing old accounts can actually hurt your score by reducing your credit history length. HL Hunt provides education on how to manage your accounts effectively.
Myth 3: Paying Off Debt Immediately Fixes Your Credit
Reality: While paying off debt helps, consistent on-time payments and responsible credit use are key to long-term credit growth. HL Hunt’s services focus on these habits for sustainable improvement.
Myth 4: Checking Your Credit Score Hurts It
Reality: Checking your own credit score is considered a soft inquiry and doesn’t affect your score. HL Hunt encourages regular credit monitoring as part of their services.
With HL Hunt, navigating the credit world doesn’t have to be confusing. Their transparent and effective approach ensures you’re equipped to take control of your financial future.