Millennials (people in the 18-34 age bracket) know less about credit scores than other adult age groups, including which businesses use the scores and who collects information on which the scores are based, according to the fourth annual national credit score knowledge survey, released Monday by the Consumer Federation of America (CFA) and VantageScore Solutions LLC.

Millenials also are more likely to wrongly believe that credit repair companies can always or often be helpful in correcting errors and improving scores.

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