Skip Navigation
 
 
 
 
 
Print This Page
Share this page: More
 

Know Your Credit


Good credit can open doors to buying a home or a car, but credit can also come with some risks if you do not understand the specific terms and conditions or abuse your power to make purchases with credit.

Before you obtain a credit card it is extremely important to weigh the benefits and the risks to make sure it is in your best interest to do so. 

            Benefits          vs.          Risks

Helps in emergenciesHigh fees
ConvenientHigh interest rates
Easy for internet purchasesShort or no grace period
Required for car rentalLeads to impulse purchases
Safer than carrying cashCan lead to bad credit if not used properly
Possible travel & cash back rewardsConfusing credit terms


CREDIT REPORT WEBSITES

All US residents may receive one credit report from each bureau annually. Contact the three credit bureau reporting agencies below to request your copy.

Equifax

www.equifax.com
1-800-685-1111

Experian

www.experian.com
1-888-397-3742

TransUnion

www.transunion.com
1-800-888-4213

AAMC FACT SHEETS

 
 
 
 
 

© The Johns Hopkins University, The Johns Hopkins Hospital, and Johns Hopkins Health System. All rights reserved.

Privacy Policy and Disclaimer