You might have heard stories about credit and how credit reports work. Don'
t be fooled by misinformation. Here are some common myths about credit, foll
owed by the facts.
MYTH:
You must give permission for your credit report to be issued.
FACT: Any credit grantor with a permissible purpose may access credit repor
ts without the consumer's permission.
* still don't know how exactly it works...
MYTH:
The credit bureau can deny a credit application.
FACT: Credit bureaus have no power to accept o
