Credit has a love-hate relationship with the general public. On the one hand it allows us to buy goods without paying on the spot, on the other hand it can get out of control, and we end up paying more than we bargained for. The latter isn’t really anyone’s fault except the person responsible for … Read more
If you’re interested in repairing your credit, you’ll need to start by examining your personal credit file maintained by each of the major credit reporting bureaus (TransUnion, Equifax, and Experian). Then, identify any accounts that contain information that could be considered adverse. The only real way to repair credit in 48 hours is to find … Read more
1. Crisis – Spotlight on Credit Rating Agencies “Credit-rating agencies use their control of information to fool investors into believing that a pig is a cow and a rotten egg is a roasted chicken. Collusion and misrepresentation are not elements of a genuinely free market ” – US Congressman Gary Ackerman The smooth functioning of … Read more
It’s a frequently asked question in my office, “How do I improve my credit score after bankruptcy?” It may seem like your credit score has been wiped out when financial disaster strikes, but you might be surprised to learn that you can quickly rebuild your credit to get a job, and raise money for a … Read more
Good News! Understanding your credit score is fairly easy and you can use this knowledge to help improve your score and keep it healthy. Your payment history accounts for 35 percent of your score. If you haven’t yet had a consistent payment history, don’t panic. Part of the repair process begins with reaching out to … Read more
Once identity thieves have access to your personal information, they can empty your bank account, rack up charges on your credit cards, open new utility accounts or get medical treatment using your health insurance. can also be obtained. Worse, a thief may even be able to file tax returns in your name and get your … Read more
What is Credit Score: It is a statistical number based on your credit history, repayment habits and other financial data collected from the financial institution by the rating agencies. Your credit score is an indicator of your credit worthiness. This data is collected by the rating agency on the basis of Permanent Account Number (PAN … Read more
If you operate a retail or e-commerce business, accepting all major credit cards and electronic checks is an essential method of customer payment. However, business owners must also consider the potential cost of fraud when you decide to accept electronic payments. Studies have shown that both traditional and online merchants have lost billions in fraudulent … Read more
Elan credit card – While completing the research for this article, admit I was getting a little frustrated. What is it with these companies that have credit card offers that no one can access online? seriously. what’s the matter? elan credit card – mystery solved If I’m interested in your organization’s Elan credit card, all … Read more
In discussing family accounts as a way to build credit, it was mentioned that people starting out will usually have student loans as their first credit account, unless they have a family member with a credit history. Do not obtain car loans or credit cards linked to Student loan installments are a tricky area of … Read more