Your credit score is one of the most important numbers in your financial life, yet it is also one of the most misunderstood. In Taiwan, the Joint Credit Information Center (JCIC) maintains credit records for millions of individuals, and lenders such as Cathay United Bank, CTBC Bank, and Taipei Fubon Bank use these scores to decide whether to approve loans and at what interest rates. Despite the widespread use of credit scores, many people hold onto myths that can lead to poor financial decisions, higher costs, and missed opportunities. This article debunks the most common credit score myths with facts, data, and practical guidance. Whether you are applying for a credit loan in Taiwan or simply want to improve your financial health, understanding how credit scores really work is essential.