First and foremost, don’t get a credit card. Period. Or even if you get it, as soon as it arrives at your home or dorm, put it in a locker somewhere where you don’t have access every now and then. This serves two purposes. It does help you in building your credit as you would have a card on file. And it still doesn’t put you on the hook because of those tempting purchases you made as you were lured by the available credit. That awesome looking Macbook that your dorm mate bought on credit for a 1000 bucks will eventually cost him way more than that. Just buy what you can afford and pay right then and there out of pocket… not our of credit.
Monthly Archive: February 2012
Permanent link to this article: http://www.explainstuff.com/2012/02/20/best-student-credit-cards-with-no-credit-choosing-and-applying/
You would have heard of the words credit report and credit score more than a few times already. In this financially trouble times, learning and being knowledgeable about credit is very important. When people refer to these phrases, they more often than not, use these two phrases – credit report and credit score – interchangeably. Many people think they both refer to the same thing. But they do not! They are related but not the same !
Some of our visitors requested us to do a series of articles discussing about credit reports, credit scores, credit bureaus, how to increase your credit score, how to clean up credit reports, how to clean bad credit scores and many other related articles. And so here we are… Hopefully the short articles at explainstuff.com will meet your expectations in defining and explaining what a credit report is.
Permanent link to this article: http://www.explainstuff.com/2012/02/15/define-credit-report-credit-report-definition-definition-of-credit-report/
A credit report is something that should be checked at least on a yearly basis. It becomes incredibly important because you never know when there will be a discrepancy in your reports. The most common problem that people face with their credit report is identity theft. When you’re ordering your credit report, always make sure that you order data from all three major credit reporting bureaus.
Permanent link to this article: http://www.explainstuff.com/2012/02/12/do-you-have-an-accurate-credit-report-short-credit-articles/