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|For service-members, using credit wisely is very important. Thousands of servicemembers
have allotments going towards wage garnishments or to a collection agency
for their misuse of credit. The rules for using credit are very simple. Should you choose
to violate these rules the consequences can be very costly.
Simple rules for using credit:
If you are denied credit for an auto loan or any other reason, you can get a free copy of your credit report for being denied credit. Review your credit report and find the negative items that are impacting your credit rating. The credit report will give details, pointing out the negative items that are impacting your credit. The only recommended website to get your free credit reports from is www.annualcreditreport.com, or call 1-877-322-8228. The three Credit Bureaus are Equifax, Experian, TransUnion.
Donít be disappointed that we didnít pick on the banks and credit card companies. They run legal, highly- regulated businesses in a consumer driven free enterprise society called capitalism. No one forced you to sign on the bottom-line, the buck stops here is our motto. You signed for it so you pay for it. Welcome to America where anyone using practical financial methods can succeed with their finances. Never forget that using credit is a privilege, a privilege that can be taken away at any time for misuse.
TSP Payday - Millionaire
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