Monday, October 09, 2006

Protect Your Financial Future Against 10 Credit Busters

• Get your credit report each year from each of the major credit bureaus. It's important to actively monitor your credit report. Credit reports are often used for more than credit purposes.
• Failing to establish your own line of credit especially when you are married and planning to have divorce.
• When you cosign, you should know that you are responsible for the account if the other person defaults on the loan.
• Neglecting to provide the same identifying information each time you apply for credit.
• Paying late or failing to pay at all.