Summer is finally here and Credit.com is starting it off with some summertime financial fun and prizes! For one week, we’re hosting a summer giveaway contest where you can participate and take home a prize! All you have to do is answer our daily contest question correctly for your chance to win. We’ll even provide a hint to help you find the right answer!
The contest is simple. Starting on Monday, June 22, we'll tweet a credit/finance question on Twitter each morning at 9am EST and give our followers until 8pm EST to reply with the correct answer. If you answer the question correctly, your name will go into a drawing each day where you have a chance to win one of these great prizes:
- A FREE Score Power report provided by Equifax. Includes your credit report and FICO score.
- A FREE Score Power report by myFICO. Includes your credit report and FICO score.
- FREE Credit Monitoring service provided by TransUnion. Includes unlimited access to your TransUnion credit report and score with daily monitoring – good for 12 months!
- A copy of You’re Nothing but a Number: Why achieving great credit scores should be on your list of wealth building strategies by John Ulzheimer
- An ebook download of Reduce Debt, Reduce Stress: Real Life Solutions for Solving Your Credit Crisis by Gerri Detweiler, Nancy Castleman, Marc Eisenson
- A copy of Money Magic: Unleashing Your True Potential for Prosperity and Fulfillment by Deborah Price
- A copy of How to Profit from Credit Cards: Using Credit to Improve Your Financial Life and Bottom Line by Curtis Arnold
Grand Prize:
And that’s not all! At the end of the week, we’ll include everyone who participates in a grand prize drawing where one lucky winner will win a $100 Visa gift card!
To play, you’ll need to do the following:
1. Follow us on Twitter/CreditExperts.
2. Watch each day for a new contest question.
3. Tweet the correct answer to @creditexperts before 8pm EST for your daily chance to win!
Remember: if you don't already have a Twitter account, it's free to set one up! Winner must be in the US.
Good Luck!
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Day 1: Contest Question
How long does an inquiry remain in your credit report?
Click here for a hint.
Answer: 2 years. (But it only impacts your credit score for the first 12 months!)
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Day 2: Contest Question
Under the Fair Credit Reporting Act, the credit reporting agencies have how many days to investigate a dispute and update your credit report?
Click here for a hint.
Answer: 30 days
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Day 3: Contest Question
What percentage of your FICO score is based on your amount of debt?
Click here for a hint.
Answer: 30%
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Day 4: Contest Question
Can a debt collector tell you that you will be arrested if you refuse to pay a debt?
Click here for a hint.
Answer: No, debt collectors cannot tell you that you will be arrested if you refuse to pay a debt.
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Day 5: Contest Question
What is the scoring range for FICO scores? Click here for a hint.
Answer: 300 – 850
How to Play:
- Follow us on twitter at http://twitter.com/CreditExperts
- Reply @creditexperts with the correct answer to the daily question for your chance to win!
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Contest Winners!
The winners in our Summer Giveaway Contest included participants from our blog, the forums and twitter. Our winners are:
- lithiumribbons
- Baxie404
- MaryEllen329
- Elaine Thompson
- C.Singleton
- JessOdem
Congratulations everyone! Thanks again for participating in the contest!
Note: Winners – I've sent email notifications regarding your prizes. If you have not yet received the notice, please send us an email to dtempleton @ credit.com!
Credit.com offers straightforward tips and advice to help you make smarter financial decisions. Visit Credit.com to sign up for your FREE Credit Report Card and find out where you stand today!
{ 2 comments… add a comment }
Hi – I’m answering today’s contest question! No, a debt collector CANNOT threaten to arrest you if you refuse to pay a debt!
Love the contest!
Agreed – According to the fair debt collections practices act, it’s illegal for a collector to tell you that you’ll go to jail if you don’t pay the debt.
CS