Tuesday, May 8, 2007

watch out!

There was a comment once to one of my posts about a young man who applied for student credit card at college and only about half a year after that checked his credit rating. Well, it's not a very good thing to do in fact and once you got yourself a credit card and started to pay for it, you should always see to it that the credit tracking information in your credit file is correct. Or you run a high risk of having your rating damaged due to some odd mistakes which not infrequently appear in your report. Imagine that your credit card number were stolen and someone were using it for making purchases. If you do not heck your credit file reqularly, you may find out about it when a great amount of debt is accumulated... Do you want to pay for someone else? No! For this, watch your credit file and you'll be in the driver seat.

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