Which of the following is not a credit myth?

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Understand the Problem

The question is asking which statement among the options provided is not considered a common credit myth, which suggests evaluating each statement's validity regarding credit behavior.

Answer

Borrowing money can have serious consequences and prevent you from building wealth.

The statement 'Borrowing money can have serious consequences and prevent you from building wealth' is not a credit myth.

Answer for screen readers

The statement 'Borrowing money can have serious consequences and prevent you from building wealth' is not a credit myth.

More Information

This statement is factual, unlike the other options, which are common credit myths.

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