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In case you were born
without sensory organs and don't already know this,
the major U.S. credit bureaus track pretty much
every bill you don't pay on time and then hold it
against you later when you're trying to get a decent
loan on a car or a house. It's a good idea to know
in advance how badly they're going to stick it to
you.
Keeping an eye on your
credit is the best way to stay on top of this situation
and keep your credit in good standing. It's also
the best way to figure out if an illegal alien has
forged your SSN, stolen your identity, opened seven
credit cards in your name and charged $22,000 worth
of home electronics to furnish his apartment. That'd
be expensive for you in the
long run. Monitoring your credit,
on the other hand, is free.
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