Your credit

[O'Dannyboy]

Funny thing credit. Back in 2002 I had to file bankruptcy. I am not proud of it nor can I change that fact. Since then there has been an endless flow of so called Pre-aproved credit card offers. I am told that having feed up $____ of disposable income along with the fact that I couldnt file bankruptcy for another 10 years made me a tempting target. I had no trouble understanding that. Every so often I find myself overdrafting my checking acount by overlooking a pending draft from my account and wind up sacrificing 29-87 dollars for this simple oversight.

Late last year I applied for a credit card through my bank to tie to my checking acount, for overdraft protection. I wasn't asking for a $6000 credit line or anything, just a couple hundred to create a buffer between me and censeless fees. Needless to say, I was turned down.

This has promted me to take a look at my credit to see what, other than a bankruptcy, could be making me look so bad. Well, as I feared, there are a couple companies reporting incorrectly and making look very bad indeed. One of my creditors decided that after having to write off my debt that they would open another account for $1 and write it off too just to spite me.

May I recommend that, if you don't already, check your credit history regularly. Dispute anything you don't agree with and if that doesn't work you have the right to have your own comments included in your report. Free Credit Report.com has been usefull but before you sign up for this make sure you check annual credit report.com. Save the annual credit report site so that you can check your credit report anually for free. Another great reason to keep tabs on your credit is Identity theft. Just like Freecreditreport.com there are many companies that will monitor your credit and report any activity right to your e-mail. Pretty handy for those who can afford it.

Anyhow. I hope some of you find this information helpfull and that some of you will add your 2 cents as well. If you have any advice that might help me then I am all ears. May God bless and keep you all, in Jesus name.

[Constant]

My advise is for young people getting ready to turn 18. You are a prime target for store charge cards and credit cards. It may look glamorous at first because everyone is approving you but just remember: YOU HAVE TO PAY IT ALL BACK!!! I learned that years ago when I turned 18 and I know so many people who did the same thing. One credit card is good but more than that is wasteful to me.

[Guest yod]

YOU HAVE TO PAY IT ALL BACK!!!

with exhorbitant interest!!!!

Throw those things in the trash without opening them.

[irishcowboy]

heard today that a person can get a free credit report, once a year.

annualcreditreport.com

anyways, i have yet to check it out, will here shortly

mike

[irishcowboy]

oh yea,

on those credit card apps,

open them up,

take out anything that is personal ( like name, address, phone numbers and such) and then use their return envolope and stuff all that other junk back in it and even otehr junk mail stuff and send it back to them in their prepaid return envolope.

i have even sent them bills for handling fees for unwanted mail (for 20 bucks) in thier envolopes, have not received any payments from them yet, but had fund doing it.

even wrote on the front of a couple, return to sender, address unknown

have fun.... all the enelopes that they have for return mail, they pay the postage, maybe if they get enough of them coming back, they might stop sending so many out.

mike