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2006-11-07 04:31:23 · 3 answers · asked by Anonymous in Business & Finance Personal Finance

3 answers

B/c you never know when stuff can be left on there that should not have been. It also helps prevent identity theft. i have a friend who had a car stolen from him and his insurance paid the car off, and for about 4 years he though it was taken care of. until he tried to buy a house and they would not give him the money b/c they said he had a car repossessed. he had to deal with all kinds of credit companies to get it fixed. it is worth it to check it once a year anyway. it does not hurt your credit if YOU check it.

2006-11-07 04:35:40 · answer #1 · answered by daniel R 2 · 1 0

1/ To ensure taht your personal and financial information is accurate.

2/ To avoid embarasing situations where credit is denied due to unsatisfactory credit history.

3/ To better understand how lenders judge borrowing risk.....the more you understand on how credit works, the better you become at managing your finances...

2006-11-07 15:01:25 · answer #2 · answered by boston857 5 · 0 0

To make sure that there are no errors on it.

2006-11-07 12:34:25 · answer #3 · answered by happytraveler 4 · 0 0

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