Dear Readers: April Fools’ Day can make for a good joke, but there are certain myths about money that, if not dispelled quickly, are no laughing matter. Misconceptions about credit and debt are right at the top of the list. Here are 10 common beliefs about credit that can lead to financial trouble. Don’t fall for them! Myth No. 1: A Credit Score Is Only Important if You Need to Borrow Money. If only it were that simple. Of course, your credit score impacts your ability to borrow, but nowadays, it can affect many other areas of your life including: • Interest rates: Whether you’re looking to finance a home, a car or a washer and dryer, the better your credit score, the lower the interest rate you may be offered. • Renting a new home: A prospective landlord can run a credit check to see if you’re a good …