Credit.com Summer Giveaway Contest

This message was edited 5 times. Last update was at 06/30/2009

Summer is finally here and Credit.com is starting it off with some summer time financial fun and prizes! For one week, we’re hosting a summer giveaway contest where you can participate and win! 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. Each morning at 9am EST, we’ll tweet a credit/finance question on Twitter 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

We’ll announce the winners at the end of each day on Twitter, on our blog and here in the Credit.com community forum!

To play, you’ll need to make sure:

1. You're following us on Twitter/CreditExperts.
2. Watch each day for a new contest question.
3. Tweet the correct answer 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!

------------------------
Update:
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!

This message was edited 1 time. Last update was at 06/23/2009

How long does an inquiry remain in your credit report?
Hint: http://www.credit.com/answers/questions/39/How-long-does-an-inquiry-stay-on-my-credit-report%3F

Answer: 2 years. (But it only impacts your credit score for the first 12 months!)

This message was edited 1 time. Last update was at 06/24/2009

Under the Fair Credit Reporting Act, the credit reporting agencies have how many days to investigate a dispute and update your credit report?
Hint: http://www.credit.com/life_stages/buying_house/Correcting-Your-Credit-Report.jsp

Answer: 30 days

This message was edited 1 time. Last update was at 06/25/2009

What percentage of your FICO score is based on your amount of debt?
Hint: http://www.credit.com/credit_information/credit_help/Credit-Improvement-Your-Amount-of-Debt.jsp

Answer: 30%

This message was edited 1 time. Last update was at 06/26/2009

Can a debt collector tell you that you will be arrested if you refuse to pay a debt?
Hint: http://www.credit.com/credit_information/credit_law/Understanding-Your-Debt-Collection-Rights.jsp#10

Answer: No, they cannot tell you that you will be arrested if you refuse to pay a debt.

I wish I had seen this sooner! I'm a few days late, but better late than never.

Answer: No. They cannot tell you that you can be arrested.

This message was edited 1 time. Last update was at 06/30/2009

What is the scoring range for FICO scores?
Hint: http://www.credit.com/rs/vol38.jsp

Answer: 300 - 850