Regular checks lower credit score: Checking your own credit score is a soft inquiry and does not affect your score. Multiple checks do not lower your credit score.
Monthly income affects credit score: Your income is not included in your credit report. Credit score is based on credit history and behavior, not income level.
Credit score is the only factor for loans/credit cards: Credit score is important but not the sole determinant. Factors like age, payment history, and job type also play a role.
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Closing old accounts improves credit score: Closing old accounts can shorten your credit history, potentially lowering your score. Maintain old accounts for a longer credit history.
Debit cards build credit score: Using debit cards does not impact your credit score since you are not borrowing money.
Insurance companies do not check credit scores: Insurance companies may check your credit score to decide premium amounts and coverage.