October 12, 2022
College students already have too much on their plate, between keeping up with their lessons and meeting project deadlines. You may not have the time to worry about “adult” matters, such as improving your credit score. However, the earlier you start building your credit, the better, and thankfully, Dallas credit repair experts can help you with this.
Dallas credit repair - A simple guide for college students
- Get to know your credit score
First things first: What’s your credit score? If you’re not sure, you can always check it for free. For instance, credit card holders receive a monthly statement that contains their FICO scores.
If you don’t have a credit card, you can refer to AnnualCreditReport.com. This free website gives you information on the major credit reporting agencies, Equifax, Experian, and TransUnion.
- Learn how to check for errors
So, now that you know your credit score, what’s next? It’s time to review it for errors.
Credit report errors are very common and can happen to anyone, ranging from simple mistakes like typos to bigger blunders such as mistaken accounts. And unfortunately, failure to report them can damage your scores in the long run.
But how do you check for errors? First, ensure the accuracy of your information by reviewing the spelling of your name, address, and contact details. In addition, ensure that everything on the report is related to your credit.
Once you’ve determined the errors on your report, you can dispute them with the help of a licensed credit repair company.
- Spend your student loans wisely
As a student, you may not have to deal with things such as car loans and mortgages. However, there’s one type of debt you should watch out for: student loans. Over 45 million Americans have student loan debt, owing a total of $1.75 trillion.
It can be tempting to spend your student loans on recreational activities; however, this will only hurt your future. So make sure to only spend the money on educational expenses, such as books, supplies, and transportation.
Would you like to learn more about fixing your credit? Contact a licensed and bonded Dallas credit repair company for a free consultation!