The Ann Taylor Credit Card has an extremely high interest rate, low spending limit and lacks any additional real benefits other than having an average rewards program.

Late payments are the “biggest foul” when it comes to credit cards, warns Ben Woolsey, director of marketing and consumer research at CreditCards.com — the consequences can include late fees, jacked-up interest rates and a lower credit score.

Free FICO Scores have become more available to consumers since 2013, when Fair Isaac Corporation announced its FICO Score Open Access Program, which gave banks the right to share a FICO Score with consumers. Additionally, banks claim the free FICO Scores have increased customer loyalty.

Walmart’s Free Credit Score is making it easy for you to stay informed about your FICO Credit Score. Just register for online account management and enroll to receive electronic statements. Then, after you sign up to receive electronic statements, you’ll be able to sign up to get your free FICO Credit Score and see it each time you log into your account.

There are a wide variety of myths floating around about what you should and shouldn’t do to improve your credit reports and credit scores.