Identity theft is one of the fastest growing crimes in the United States last year. Over 11 million Americans have been the victim of identity theft last year. One in every 20 U.S. adults was a victim of identity theft. On average, an identity was stolen every three seconds. A stolen identity can be used to open new credit card accounts, apply for mortgages, and even take out payday loans. Year after year, identity thieves become increasingly more resourceful and ingenious. They find new ways to steal personal information from … [Read more...] about Top 9 Ways How To Prevent Identity Theft From Happening To You
You need to check your credit report often. If you think you only need to think about your credit report when seeking a loan, think again. Your credit report is a valuable tool in identifying reporting errors and is even an early warning for identity theft. Being proactive in monitoring your credit score can help you resolve previous credit problems faster and help you avoid future credit problems altogether. When and How to Check Your Credit Report It’s recommended that you check your credit score at least once a year. There are … [Read more...] about Why You Should Regularly Check Your Credit Report
Buying a home is a smart investment in your own future, and it's an aim everyone should start with as early as possible. Nevertheless, in some cases, it does make sense to put off such an investment -- such as when you are unsure of the future of your job, or your marriage, or when home values appear volatile. Saving to buy a home even when you live paycheck to paycheck is possible. Most people who put off the decision to buy a home, though, have none of these reasons in mind. They simply choose to delay the day they buy, because they … [Read more...] about How to Save to Buy a Home While Barely Make Ends Meet
Your credit score isn’t going to increase on its own. Well, it might, but only for a little while before jumping back down again. This is how the unobserved credit score works. Without specific action taken to keep your Experian credit score on the up and up, it’s never going to get much altitude at all. People tend to get discouraged with their credit scores. After all, they think, I’m careful with my money. I guess there’s nothing else I can do. In fact, there are plenty of things you can do to boost your credit score. … [Read more...] about A Quick Experian Credit Score Workout
Many young people don't realize their credit score has a big impact on their ability to rent a home or apartment. Most landlords pull credit reports before agreeing to sign a lease, and a less than desirable FICO score can severely limit your chances of getting into a decent apartment at all, let alone at a reasonable price. 90% of top lenders use FICO® Scores. Insurance companies, too, often charge higher insurance premiums to applicants with poor credit scores. But do you have to let your negative credit score affect you in this … [Read more...] about Hidden Problems Renters Face With Their Credit Score
Even though governments, businesses and law enforcement organizations all over the world have been taking measures to clamp down on identity theft and rates have dropped considerably in the last few years, ID fraud does still happen. Believe it or not, it could potentially happen to you, so you need to be on your guard. You would think that if you had been a victim of identity fraud, you would know about it right away. However, this isn’t always the case, and some people fail to get a credit card that offers adequate protection in the … [Read more...] about Spotting The Signs Of Identity Fraud
For years car insurance companies have used your credit history in order to help them determine the likelihood that you will file a claim on your car insurance. According to studies like the one conducted by the industry group, the Insurance Information Institute, drivers with low credit scores tend to file 40% more insurance claims with their car insurance companies. It is estimated that those with poor credit scores can find themselves paying anywhere between 20% and 50% more for insurance than someone with better credit. How Much Does … [Read more...] about Does Bad Credit Affect Car Insurance Premiums?