University Daily Kansan, November 20, 1981
Page 9
Degree can not ensure good credit rating
By TERESA RIORDAN Staff Reporter
Staff Reporter
Graduation launches many college students into the world of credit after they've paid only cash during their student career. However, a college
history by making payments in a timely way. Jack Guarnitz, professor of business.
Gaumatz said paying utility and phone bills on time was one way to build confidence.
Stability ~for instance, staying with one job and living in one place for
degree doesn't guarantee a good credit rating.
establish credit
"You start building a good credit
In order for students to earn good credit ratings, they should build a good
several years—is also a factor in getting credit.
PROMPT REPAYMENT OF student loans can establish good credit as well. Likewise, default on one could ruin someone's chances for a personal loan.
Instead, Gaumtni suggests that once a recent graduate moves to a new town, he should visit with bank loan cards and build a rapport with the bank.
"Don't take a loan out just for the sake of taking one out, particularly with the interest rates being so high," he said.
"A credit card is about as easy to get as a glass of milk at the Union," he said. "But if you charge too much or don't pay on time, you can reduce your credit limit or even be eliminated from the service."
Although many authorities suggest taking out an unneeded small loan and repaying it promptly to establish credit, Gaumann does not agree.
TODAY
THE AEROSPACE ENGINEERING COLLOQUIUM will feature Charles C. Crawford from the U.S. Army Research and Development Command speaking on "The Aches and Pains of Helicopter Development," at 3:30 p.m. in 3140 Wescoe Hall
on campus
Gaummitz says that credit cards are easy to get.
TOMORROW
STATUS OF WOMEN AND THE RIVER CITY WOMEN'S HEALTH COLLECTIVE will hold a Womyn's at 8 p.m. in the Satellite Union.
IF YOU ARE rejected for any kind of credit, find out why. Credit bureaus prepare files on not only credit information but also on references.
"Then if an emergency comes up and you need a loan, they'll already be acquainted with you," Guarnard said.
RECREATION SERVICES TUKЕY KEYT TROT will begin at 9 a.m. at the Skihole Complex, 23rd and Iowa State University up at the starting point at 8:50 a.m.
Don't Be A Turkey! Run In The Turkey Trot!
Though loans may prove difficult to get for some recent graduates,
THE STOUFFER NEIGH-
BORHOOK ASSOCIATION will hold
an international dinner at dimer at
the University of America, Apl-
campus Campus, 1629 W. 19th St.
The Turkey Trot, a 3.47-mile roadrace, will be Saturday,
If you have been denied credit, go to the credit bureau and ask what the nature of your credit file is. If information is inaccurate or out-of-date, you can have the information removed from the file.
THE COMMISSION ON THE
Nov. 21, at 9 a.m. at the
THE KU CHESS AND BACKGAMMON CLUB will meet at 10 a.m. in Alcove D of the Union.
Shenk Complex, 23rd & Iowa
Entry forms are available in
208 Robinson. For more information call 864-3546
--beer & other concessions will be sold
Thanksgiving is Thursday November 26.
Send our FTD
Thanksgiver Bouquet
Open
Helping you say it right.
Open
8:30-5:30
Mon.-Sat.
1101 Mass.
841-0800
WOMYN'S DANCE
THESE WHERE
NOVEMBER 20 · 8pm · Satellite Union
WOMYN KNOW THE ACTION IS!
RIVER CITY WOMEN'S HEALTH COLLECTIVE AND SPINSTER BOOKS COMMISSION ON THE STATUS OF WOMEN
(more or less is okay too)
$200 at the door
--presents
Admission: $2.50
Place: Satellite Union
Date: December 5, 1981
Time: 7:00-9:00 p.m.
Theme "A Serious Affair"
The Cockpit Club
The BSU
Restaurant
THANKSGIVING At the AMBROSIA 11:30 to 8:30
11:30 to 8:30
The Black Student Union Fifth Annual Fashion Show
and
Fried Chicken
Roast Young Tom Turkey and Dressing
The Exquisite Ladies
Baked Ham Fried Chicken
Mashed potatoes and gravy
Corn on the cob Hot rolls and butter
Salad Bar
Pumpkin Pie or apple pie
ALL YOU CAN EAT $5^{50}
ADJACENT TO THE ALL SEASONS MOTEL 92rd and Iowa
Let AMBROSIA Plan Your Parties and Banquets
23rd and Iowa
Open 6:00 a.m. to 10:00 p.m.
CRAIG
BIG SPEAKER
Portable Cassette Recorder With AM/FM
Was
$119.95
$89^95
Save $30.00
- TWEETER & WOOFER SPEAKERS
- BUILT IN AC OR BATTERY OPERATION
- DE COUNTER BATTERY CHARGER
Also Available
Also Available
Foreign Model—110/220 V With Shortwave Bands
Was $149.95 NOW $99.95
(Offers Limited to Our Present Stock)
AUDIOTRONICS 928 MASS DOWNTOWN
kLZR 106
$1006 MONEY HUNT
TONIGHT!!
FIND OUR KLZR REPRESENTATIVE IN A LAWRENCE NIGHTSPOT TONIGHT, BE THE FIRST TO LOCATE OUR PERSON BETWEEN 9-10 PM AND SAY:
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THE KLZR REPRESENTATIVE WILL BE AT ONE OF THE FOLLOWING LOCATIONS.
SGT. PRESTON'S LOUISE'S MR. BILL'S
GAMMONS
J WATSON'S
ICHABOD'S
MINGLES
KANSAS STATE LAW REQUIRES THAT YOU BE A MEMBER OR BONA FIDE GUEST TO ENTER A PRIVATE CLUB
LISTEN FOR CLUES ON KLZR!
KU vs. MISSOURI SHOW YOUR KU SPIRIT!
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10% OFF SOUVENIRS SATURDAY ONLY
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1420 Crescent Rd. 843-3826