A credit card can be a great financial tool, but it is also a big resposibility. Applying for and recieving a credit card generally is an easy procedure. Offers from credit card companies arrive frequently in the regular mail.
Many people, particuraly first-time users, do not fully understand the implications of a credit card. They may charge more than they can repay. This can damage a credit rating and create credit problems that can be difficult to fix.
Before you submit a credit application, obtain a copy of your credit report from one of the three major credit reporting agencies to make sure ot is accurate.
Equifax Information Services,LLC
P.O. Box 740241
Atlanta, Ga 30374
Experian Consumer Opt-Out
701 Experian Parkway
Allen, TX 75013
TransUnion LLC's Name Removal Option
P.O. Box 97328
Jackson, MS 39288-7328
August 11, 2005