Summary: Common Credit Misconceptions – Howard Dayton and Steve Moore cover a number of common misconceptions that can hurt your credit score. Then they answer listener questions at (800) 525-7000 and MoneyWise@Compass1.org: "I'm on Social Security - what are my options for paying off - or re-financing - a large Home Equity Line of Credit?" "Is the stock market still the best place for long-term investing?" "Can you give me some insight on paying back an overwhelming amount of school loans?" (Howard mentioned StudentAid.gov) Mentioned on today's program were several helpful websites: AnnualCreditReport.com,CreditKarma.com and SoundMindInvesting.com, as well as the Compass Calculators. Be sure to check out the Compass website for a complete listing of helpful resources and radio archives. Thanks for your prayers and generous financial support which allow us to keep MoneyWise on-the-air!
