You might think that wealthy people have high credit scores just because they are wealthy – but that’s actually not true. Whether or not you have money is not always a good indicator of whether or not you pay your bills on time. Certainly prospective creditors will look at your income to see if you can handle the debt service, but your income isn’t considered in your FICO score calculation.

Click here to read a discussion of this issue on the MyFico.com forum.