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Graduates should keep credit in order, says expert

Published: Friday, 01 February 2008   Category: Graduate Job sector Reports

Graduates should ensure their credit files are in order or else risk running into financial difficulties later in life, experts have warned.

Credit checking service Equifax say that if a graduate has not kept his or her credit file fully up to date it could have an effect on applying for a mortgage, reports Introducer Today.

Neil Munroe, external affairs director at the firm, notes that credit will probably be a necessity for graduates at some point in their life in order to "develop their lifestyles", the report continues.

He commented: "So it's important that they do [check their history]. If anything's not right on there - which is a very, very rare occurrence - they can come to agencies like ourselves and we will look into it for them."

He added that it was important for graduates to realise they can place a statement on the file if there is something that they do not agree with.

Equifax operates in 13 countries and has revenue of $1.4 billion.


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