Are you keeping score? Credit scores have been getting a lot of attention lately, as lenders tighten credit standards and contend with new legislation that has, among other things, reined in how credit-card issuers can raise rates. Meanwhile, several firms, preying on our insecurities, are pushing credit scores and credit-score-tracking services for a monthly fee. For all the attention they generate, though, credit scores are largely misunderstood. For instance, your precise score matters only when you’re in need of new debt, like a home, auto or education loan or a new credit card, which should be a fairly rare occurrence. You don’t have just one score, but many. Your FICO score, the one developed by Fair Isaac Corp. that runs from a low of 300 to a high of 850, will vary depending on which credit bureau is reporting it and the kind of lender that requested it. [FAMILYJMP] So the score that costs you $15.95 at MyFico.com may not be the score your lender sees. Beyond that, the three credit bureaus- Equifax, Experian and TransUnion- sell their own proprietary scores. Confused about what to believe? Here are some common myths about credit scores: […]