This is a guest post by By Experian When it comes to debt, credit reports, and credit scores, conventional wisdom is peppered with myths, misunderstandings, and misrepresentations. Credit is a tool. Like any tool, it's neither good nor bad in itself. What matters is how you use it. Myth #1: Debt is Debt Not all debts are equal. Say you've got a $150,000 debt on your credit report. If it's there because you maxed out your credit cards to throw a birthday blowout for yourself two years