do u have good credit??

[suga_n_spice]

so, in america ur credit is pretty much ur life

i think i have good credit. well, at least i think i do
i havent really checked but im workin on improvin N gettin it up there

any tipz, from people with good/bad credit??

[The-Screw]

you're a student so the best advice is to never default on your student loans, keep up with your credit card payments and you should be fine. my credit rating is in the 700's so i'm alright.



btw, only check your credit once or twice a year. don't check it or allow anyone to check often, that could hurt you.

[AbdiWahab252]

Suga,

Darling, I would recommend you get your annual credit report (FREE OF CHARGE) by visiting this site:

https://www.annualcreditreport.com/cra/index.jsp

You are entitled to 1 report from each of the 3 credit reporting agencies: TRANSUNION, EQUIFAX, and EXPERIAN. I get mine from each bureau every 4 months to review it for any inaccuracies or identity theft.

They charge an additional cost of $8 to get your Credit Score (Which is not the official FICO score but a good indicator of where you are).

Basically, if your credit score is above 710, you have good credit. The Highest possible score is 850.

Suga, make sure to review your report for any inaccuracies (list of accounts you never had or applied for could indicate Identity theft), also review for inaccuracies such as LATE PAYMENTS, or any delinquencies.

As Screw said, "Don't apply for credit as it does hurt your score - so don't apply for too many credit cards, or phones etc."


Good luck,

AW

[suga_n_spice]

thankz for the advice screw
for some odd reason i dont feel the need to this time

well i have store credit cards, that i use on occasion. are those harmful?? because they're not really "credit cards"

[Hobeey]

Suga

Ina'adeer Careful With Them Things. But If You Know How To Deal With It Then It's Fine. Just Don't Go Over The Limit.

[The-Screw]

retail credit cards will end up in collection agencies and that is never a good thing. keep up with them for as long as you can. pay even a $1 a month if you have to, just don't disregard them.

[AbdiWahab252]

Suga,

Store cards are the worst. They have high interest rates & are quick to report any late payments to the Bureaus. I would recommend limiting the number of cards you have to prevent identity theft and not forgetting to pay one.

I only have 3 cards and only use 1 for online shopping. its easier to keep track of a few. A friend of mine has over 40 cards

[suga_n_spice]

ok. thankz abdi. i appreciate the help