Top 7 Credit Repair Myths That Are Holding You Back

Top 7 Credit Repair Myths That Are Holding You Back

Top 7 Credit Repair Myths That Are Holding You Back

If you've ever thought, “I can't fix my credit—it’s too late,” or “paying off everything will boost my score overnight,” you’re not alone.

There’s a lot of bad credit advice out there.
Let’s bust the top 7 myths that stop people from taking action—and show you what actually works.

🔍 Myth #1: Paying Off Debt Erases Bad History

Truth: Paying off a collection doesn’t remove it from your credit report. It may still hurt your score unless it’s removed through dispute or negotiation.

❌ Myth #2: You Can’t Fix Bad Credit

Truth: Yes, you can. Even bankruptcies, charge-offs, and collections can be challenged and deleted in some cases.

⚡ Myth #3: You Have to Wait 7 Years for Bad Items to Go Away

Truth: Some items can last up to 7 years—but many can be removed much sooner with proper dispute strategies.

💳 Myth #4: Closing Old Accounts Will Boost Your Score

Truth: Actually, it could hurt your score by reducing your credit history length and raising your utilization.

📉 Myth #5: Credit Repair Is a Scam

Truth: Legit credit repair companies (like Novas Credit 😉) use federal consumer laws to help remove inaccurate or unverifiable items from your reports.

🧠 Myth #6: You Only Have One Credit Score

Truth: You have dozens of scores! FICO alone has multiple versions—and lenders may use different ones depending on what you're applying for.

💼 Myth #7: Credit Repair is Only for People Who Want a Loan

Truth: Better credit = better job offers, better apartments, lower car insurance, and less stress. Everyone benefits from stronger credit.

Final Take

Don’t let myths hold you back from building the financial life you deserve.

At Novas Credit, we help everyday people like you dispute, rebuild, and boost their credit with real results.
👉 [Get your free consultation today] — no pressure, just answers.