An Online Report For Student Credit Cards Is Now Easily Obtainable
- Date: 2008-06-23 - Word Count: 366
Share This!
If you have never taken a good look at your credit report then now is the time to do it. You are entitled by law to one free copy of your credit report annually and you can now obtain it online. If you are a student applying for a credit card, then it is important that you get a good look at your credit report before you actually apply.
It is Up to You to Verify Information on Your Credit Report
This is because, if there are any errors on it you will want to address them prior to the application process. Errors do in fact occur and if erroneous information is reported to the credit agency they will include it. This is because credit agencies don't verify the information that they are given.
Seven Year Time Limit
The first thing to look for is any negative information that has past its time limitation. Negative credit information in general can only stay on your credit report for seven years at the most. If there is any negative information that surpasses the seven year limit then you must notify the agency in writing.
Check All Negetive Information Carefully
Then there are the other types of errors that you will want to look for and they can fall into a number of categories. In general these would be any information that is not true or accurate. You must obtain your own documents that repudiate the negative information and make copies of them. Then you will send in these copies along with a written rebuttal of the negative information that is on your credit report to the agency.
Make All of Your Payments On Time or Early
When you apply for a credit card you have to bear a few things in mind. The first thing is that they are a great way to build your credit and they are also a great way to ruin it. If your credit card comes with a small introductory interest rate then you have to make all of your payments on time or it will automatically be boosted up dramatically. Even missing an unrelated payment, such as your car payment will cause your credit card interest rate to shoot up.
It is Up to You to Verify Information on Your Credit Report
This is because, if there are any errors on it you will want to address them prior to the application process. Errors do in fact occur and if erroneous information is reported to the credit agency they will include it. This is because credit agencies don't verify the information that they are given.
Seven Year Time Limit
The first thing to look for is any negative information that has past its time limitation. Negative credit information in general can only stay on your credit report for seven years at the most. If there is any negative information that surpasses the seven year limit then you must notify the agency in writing.
Check All Negetive Information Carefully
Then there are the other types of errors that you will want to look for and they can fall into a number of categories. In general these would be any information that is not true or accurate. You must obtain your own documents that repudiate the negative information and make copies of them. Then you will send in these copies along with a written rebuttal of the negative information that is on your credit report to the agency.
Make All of Your Payments On Time or Early
When you apply for a credit card you have to bear a few things in mind. The first thing is that they are a great way to build your credit and they are also a great way to ruin it. If your credit card comes with a small introductory interest rate then you have to make all of your payments on time or it will automatically be boosted up dramatically. Even missing an unrelated payment, such as your car payment will cause your credit card interest rate to shoot up.
Related Tags: financial institutions, predatory
Written by Donald Renal. Find the latest information on Online Report For Student Credit Cards as well as Student Credit Card Debt Your Article Search Directory : Find in Articles
Recent articles in this category:
- Sbi Best Sip Plans 2010
SBI Mutual funds have introduced many mutual schemes. Each scheme has different limitations. SBI SIP - Icici Sip Plans 2010 - Best Sip Plans
ICICI Prudential offers many schemes. These fund schemes have SIP. What is SIP? SIP's expansion is S - Determining Where To Invest Money
There are several kinds of investments, also you will find numerous factors to find out where to inv - Retirement Plans A Necessity Of Life
A person works whole life to give a decent upbringing to his children and families. But while improv - Stock Market Timing Signals
Follow the PlanThis would seem a statement of common sense, but the fact of stock market timing sign - A Selection Of Financial And Investment Strategy Guidelines For Turning A Profit
Yet, we don't often have the money to leave work right at this moment. We need a constant salary to - Find Out The Profitable Way To Invest In Small Cap Stocks
Everyone wants to find a penny stocks list or other investment strategies that can turn your literal - Portfolio #4 - Watergate
IntroductionThe problem is not that the world is running out of water. No, the problem is that drink - Dulton Group: Information Content Of Dividends
Dulton Group helps you to analyze the information content of dividends, an important factor affectin - Coping With Fear In A Markets
The real fact is that all traders, investors as well as stock market investors, who feel afraid, occ
Most viewed articles in this category:
- Investor Stress: A New Approach
George Muzea is both an investor and a stock market advisor. In any given month, he will be paid $10 - Real Estate Investment Financing
1. Location: Your real estate investment's location is arguably the most important component of your - Canadian Oil Sands - Who Are the Major Players
The Canadian oil sands represent one of the most lucrative investment opportunities to oil and gas i - Why Bulk Preconstruction?
Bulk preconstruction is the latest trend in secure, high profit real estate investing. By buying wit - Investing - It Is Not As Scary As You Think
Many people want to have more money - OK everyone does. However, most people don't know how to go a - How Do I Know Which Programs Are Scams?
Although it is virtually impossible to tell if a HYIP is a scam until the moment when they stop payi - Currency Trading Success - 6 Tips to Increase your Profits
If you want to increase your profit potential and achieve currency trading success then the simple t - The Business Cycle
Investors who want to beat the market should be followers of the business cycle. The business cycle - Pros and Cons of Real Estate
Like any other profession, there are good and bad things about what are available. Each of the thin - The Fixer Upper
Real estate investing has become almost a national pastime. Millions are made every year on the buyi