Q: I applied for a school loan and was refused because they said I had the delinquent credit accounts. I think they look at the cards instead of my parents' credit mine. What should I do
A: It seems from your question that you believe that the school seeks to deliquencies on the cards instead of your own credit your parents . There are two situations I could think of where this might happen. It is if you were a co-signed on the cards of your parents, and those cards were therefore appear on your credit report. In this case, I would take steps to have you removed as a co-signed. The other is whether the school actually looking at reports instead of your own your parents credit. It would not hurt to contact the school to confirm if this is the case. If that is the case, the obvious solution is to provide your own credit reports.
This is an excellent time to carefully examine your own credit reports for inaccuracies or anomalies. It is possible that the school of defaults is seeing are due to a person who has used your identity to obtain credit in your name. The first thing you need to do is get all three of your credit reports and go through them with a fine tooth comb. You can get your free reports on annualcreditreport.com, or you can register for a 30 day trial PrivacyGuard $ 1 for your reports and credit scores.
If you see something suspicious, read our blog on what to do if someone stole your identity. You may also consider signing up for one of our top rated identity theft protection services.