And most employers will ask for permission to pull your credit report to see how responsible you are … but also because if someone's in debt, there's a greater risk of internal theft. |
Five of the Top 10 creditors have already initiated the change. Some of the cards have already absorbed the blow. |
Many times people will stop shopping, because they can't carry any more. |
People can take this time to put money aside for retirement or to start a savings plan. But these are not sexy choices like buying that wide-screen TV. |
Shopping online is fantastic for comparison shopping, because never before have you had the ability to see all the prices offered from everybody at one time. |
The (Web sites) you see on TV could end up costing you something. |
We suggest that a person run their credit report at least six months before making a major purchases, such as a house or car. That's because it gives them time to get any errors corrected or to start correcting any bad credit habits. |
You can continue to shop and shop and shop and you don't get that psychological payoff. |