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Get Your Teen on the Right Track with Credit What your teen should know about credit Using credit costs money. If credit card balances aren t paid in full each month interest charges start to accrue. Over time the interest charges and fees can add up to more than the original purchase. A credit report is like a report card that can follow someone for years. Credit reporting agencies track whether or not customers pay bills on time how much they borrow and how often they apply for credit....
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It can reveal when and how you work, your finances, your marital status, and if you've been arrested or charged with criminal charges. Credit report information is used by the credit bureaus to decide whether you qualify for loans and for other decisions about your creditworthiness. A good credit score is crucial when shopping for a cell phone, car, rental home, or other type of credit product. A poor credit score can have a significant impact on a person's ability to maintain or purchase a home, obtain a credit card, or get a job. Even if the scores don't matter to the credit bureaus, you should be concerned about your scores if you experience problems. If you believe your credit reports are inaccurate or incomplete, the CFPB offers many tools to help you check your report and contact the credit reporting agencies that issue your reports for help verifying the information. If your report is inaccurate, you should call the CFPB to inquire whether a problem exists. Contact Your Credit Creditors Your best defense against creditors using negative information about you and filing fraudulent lawsuits is to inform them of any problems with your credit. When you call or write a creditor and are told that your account is in debt and that the creditor thinks that there are inaccurately higher credit limits on the account, you deserve to know why. You can dispute the amount being charged to your account by calling or writing the creditor to request that you be allowed to remove the charge from the account. Credit bureaus will usually tell you the current minimum charge amount before allowing removal of the charge. You can then dispute charges that don't reflect the charges that are accurately being charged to the account. The creditor then has to prove to the bureaus that charges that are falsely overstated don't adversely impact their business. You have more control over your credit after contact with a creditor because you can stop paying debt after receiving written notice from your creditor that you have been notified of the dispute. If you dispute a bill that you believe includes inaccurate information that impacts your credit score, you can get a copy of your creditor's disputed statement and take it to a free dispute settlement process. When you request a copy of your bill, you have 30 days from that date to request a copy of the disputed statements. You cannot take your dispute to small claims court, so the burden of proving your case rests on the creditor unless the statement indicates that a settlement has been reached and a fee paid.

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Get your teen on is a program designed to help teenagers explore various career opportunities and develop important skills.
Parents or legal guardians of teenagers who wish to participate in the program are required to file get your teen on.
To fill out get your teen on, parents or legal guardians need to provide their personal information, as well as information about their teenager, such as their interests, skills, and desired career paths.
The purpose of get your teen on is to assist teenagers in exploring different career options, acquiring relevant skills, and connecting with mentors in their chosen fields.
On get your teen on, parents or legal guardians are required to report their own contact information, their teenager's personal details, including their interests, skills, and desired career paths.
The deadline to file get your teen on in 2023 is December 31st.
The penalty for the late filing of get your teen on is a reduction in the opportunities available for teenagers to participate in the program.
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