Five Myths About Credit Reports

Motley Fool UK reports on 5 common credit report myths.

Here are the myths:

1) Credit reference agencies hold credit blacklists.

2) Previous occupants of your home can affect your creditworthiness.

3) Adverse information can be removed from your credit report for a fee.

4) Your credit report shows when credit has been refused.

5) Negative information about you affects the rest of your household.

The truth from the Fool