Do you check your credit report annually to be sure you are 'you'? You have the right to a free annual credit report from AnnualCreditReport.com, online at www.AnnualCreditReport.com or call 877-322-8228. This is the only authorized source under federal law and this is the only place to get the free report that is yours by law.
Many companies claim to offer free credit reports but only give you a report if you buy products or services. Other say they are giving you a 'free' report but then bill you for services you have to cancel.
Once you get your credit report, be sure to check it for errors as they do happen. Dispute any serious errors in your credit history such as accounts that are not yours, employment records that are incorrect or reports of late payments when you paid them on time.
Consumers also may request that bankruptcies older than 10 years or accounts that were wiped out in bankruptcy but are listed as still due be removed from their credit report, as well as other negative information that's more than seven years old. The seven-year clock starts 180 days after the account went delinquent.
Another part of a credit report is the credit score, a three-digit number calculated from the report that quantifies a person's credit worthiness. It is a predictor of how well someone is likely to use credit in the future based on how well he or she has used it in the past. The factor that has the biggest impact on your credit score is paying bills on time. If you are not paying your bills, you can't fix your credit.
You may hear or see ads that particular companies can get rid of your debt, but you are the one who created your situation and with time, you can pay down your debt. After you have paid for your basic expenses, if there are funds leftover, use the extra funds to pay off more debt.
On Thursday, July 31 a Farmland Leasing & Land Value Workshop will be held at 1:30 p.m. at Iowa Lakes Electric Cooperative in Estherville.
Topics covered will include updated land value & cash rental rate surveys, types of farmland lease arrangements, determining fair cash rents, writing and terminating a farm lease, landlord-tenant & family communications and ISU Extension web-based and other resources.
The workshop will feature facilitated discussions, training material and an informational booklet.
Pre-registration is appreciated by Monday, July 28. You can pre-register by calling the Emmet County Extension Office at 712-362-3434.
The pre-registration fee is $20 and registration at the event is $25.
Don't forget to mark your calendar for the Emmet County Fair which will take place July 24- 27. To check out the fair events schedule, visit www.extension.iastate.edu/emmet/4h.