Like many people, you probably have heard or seen John Cummuta’s Debt to Wealth commercial and thought to yourself, “Can it be true?” “Is it a scam?” or What’s the catch?” Perhaps you are intrigued by the concept, and that’s how you found this article.

Nightingale-Conant, a company that

…

It never ceases to surprise me how confused most people are about how the credit system works   This article is a quick summary of the top four myths of credit.

Myth One:  “Information in my credit file can’t be changed.”

Truth:  The Fair Credit Reporting Act requires that any data that is disputed by a consumer must be verified as 100% accurate. This means that if a creditor can’t prove that the disputed tradeline is accurate, it must be removed from your credit report.

Myth Two:  “I must pay off past due

…

It’s just a fact that more people today then ever before are being left licking their wounds with bad credit. It’s the recession/depression or what ever you want to call it. The real bad deal of it all, is that as soon as the economy turns around, you will be back in the game, so your bad credit

…