College Students Credit Card Debt Social Effects

Credit Report Scores - Who Determines Them?

There are three major credit reporting agencies: , , and .

Each of these credit reporting agencies receives information from credit grantors such as credit card companies, stores granting credit, mortgage companies, and banks. They compile your credit history and compute your credit report scores.

They provide your history and credit report scores to others who have a genuine interest in your credit worthiness.

What Credit Cards do I Qualify For?

Free Credit Search is a completely FREE web-based resource for credit card seekers. We provide real-time unbiased information to help you make informed decisions about your credit. By filling out our credit profile you can find out which banks will approve you BEFORE applying!

All information submitted on the application profile will be used to conduct a search of lending institutions which are willing to issue you a credit card(s) based upon your current credit, income and employment.

You must be 18 years of age or older and a citizen or permanent legal resident of the United States with a verifiable permanent U.S. home address and a valid social security number. You must reside within the continental United States including Hawaii and Alaska.

When you use our service, you will receive FREE results with the following information:

Your no obligation FREE results will be available within minutes of submitting your application. We will not pull a credit report to complete this search. Your results will be emailed directly to you after your search is complete.

Student Credit Cards

Here are some of the best student credit cards. Apply for one or several:

College Students Need to Establish Credit Worthiness

College students should establish credit worthiness by paying off their debts, not spending like tomorrow never comes. Use credit cards wisely.

Just imagine typical young college students, some with part time jobs, grasping their first credit card. They are eager to use it to buy all the things they need so much.

There is intense competition to provide credit cards to students. Some banks pay highly to be an approved "university supplier" of credit to college students. Cards are issued to students without a job. Gifts such as T-shirts, pizza discounts, backpacks are provided to those who sign up.

And most college students aren't any smarter about credit than adults. One out of five college students accumulate $10,000 or more in credit card debt by graduation.

Once college students are hooked on credit, they will usually be loyal to the credit card issuer for life. Nothing makes a blue suited bank executive happier than a new convert to the life of eternal debt.

Credit Report Scores - How to See Them

Each of the three credit reporting agencies can provide you with a one-time copy of your credit report. Equifax, Experian, for example, will provide your report online for a fee of $9. Trans Union charges from $7.50 to $9 for your credit report.

All three credit reporting agencies will also provide a one-time copy of a "3-in-1" credit report. This contains your credit reports and your credit report scores from all three reporting agencies. Trans Union charges $34.95 while Equifax and Experian each charge $39.95.

Credit Report Scores - Improving Then

A good score helps you get the best loans. The loan officer will be glad to see you because you will:

• Qualify for a larger loan
• Get a loan faster
• Get the best interest rates.