At Metropolitan Debt Solutions ®, our credit counselors are committed to educating consumers and answering debt and credit related questions. Our goal is to help consumers regain control of their finances which will also help you improve your credit worthiness. Here are some interesting facts that you should know:

• Secured credit cards are an excellent tool for building good credit history. These are good for people having difficulty establishing or re-establishing credit.

• Impulse buying is a reason many Americans are in financial trouble. When you use credit to buy something, the rule of thumb is "What you purchase with credit should last as long or longer than the time it takes to pay for it."

• Co-signing a loan will reflect on your credit report if it becomes late or goes in default.

• Check your own credit for proper debt management. Every year you should order a copy of your own credit report and verify the accuracy of the information that it contains. Some organizations are even recommending that you check your credit every six months due to increased fraud. You have the right to correct information that is wrong. You have the right to question information that you think is wrong. It is very important that you keep your report accurate and up to date. This is also an excellent way to make sure you do not become a victim of credit fraud.

If one of our counselors has suggested, or if you feel, that bankruptcy is an option, follow this link: Iowa Bankruptcy Law for more information.