If you’re buying Santa Cruz real estate, you might start worrying about your credit score. Unfortunately, there are a lot of myths about that score, and many individuals actually end up making things worse by following them.
Read this list of common credit score myths and be in the know before talking to a lender:
1. Close out your credit cards. This is a big no-no, especially when you want to buy Santa Cruz real estate. Closing out your older credit cards, especially, can actually make your credit score drop.
2. Lower your credit limits. Lowering your credit limits can hurt your credit score. Part of your credit score is based on how much credit you have available.
3. Get good credit by paying all your cards in full. If you’re buying a