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9 tips to practice a safe lifestyle free of identity theft

Admin Manager - Thursday, November 16, 2017
To stay safe from identity theft, you can follow safe banking and financial recommendations: Try to keep your account numbers and PIN numbers safe in every situation. Cover your account and PIN numbers when using debit at the store and refuse to give your PIN number to anyone. Avoid writing down your PIN and account numbers, this information could potentially fall into the wrong hands. When doing business, do it with businesses you trust only. Rip up the application for “p ..

(TOP 5) MISTAKES THAT WILL GET YOU DENIED FOR BUSINESS CREDIT

Admin Manager - Sunday, September 17, 2017
It is highly important that you know lenders and credit issuers will often automatically deny you for business credit based on you not meeting their approval standards and that there’s a formula you must meet for approval and if you meet it, you’ll often get an automatic approval, or a decline if you don’t. This is one of the most common reasons for loan and credit card applications being denied: when the lender can’t easily locate your business onlin ..

EQUIFAX DATA BREACH! ARE YOU SAFE?

Admin Manager - Friday, September 15, 2017
On September 7, 2017 Equifax - one of the three national credit reporting agencies - announced that they had experienced a data breach on July 29, 2017. First - let's call it what it is...THEY WERE HACKED! Second - let's be real about the impact...YOUR PERSONAL IDENTIFICATION INFORMATION WAS STOLEN! Third - let's be honest about what you can do now...BECAUSE YOU CAN DO SOMETHING TO PROTECT YOURSELF! It is estimated ... ESTIMATED ... that 143 million people had records stolen. ..

Why you should look out for identity theft

Admin Manager - Monday, August 14, 2017
Many people who are alert about paying their bills on time and having minimal debts are surprised each year to find that they have low credit scores. In some cases, this happens as a result of identity theft. Identity theft is a type of misconduct in which people take your personal information and steal that data to pose as you in order to get access to your accounts or identity. For example, someone with your PIN numbers can take away small amounts of money from your bank account ..

How Paying Down Your Debts Will Help Elevate Your Credit Score

Admin Manager - Friday, August 11, 2017
When you have a lot of debt, your credit score will suffer. Paying down your debts to a minimum will help elevate your credit score. For example, if you have a $1000 limit on your credit card and you carry a balance of $900 often, you will be a less attractive credit risk to lenders than someone who has the same credit card but carries a smaller balance of $100 or so. If you are serious about improving your credit score, then you can start with the largest debt you have and start paying it d ..

WHY BEING CAREFUL OF INQUIRIES ON YOUR CREDIT REPORT IS IMPORTANT

Admin Manager - Wednesday, July 26, 2017
Few people know that when someone takes a look at your credit report that inquiry is noted. Having a lot of inquiries on your report, may show that you’re shopping for several loans at the same time – or that you previously have been rejected by lenders. Both make you appear a poor credit risk and can negatively affect your credit score. Therefore, it is recommended that you’re careful about who looks at your credit report. In case you’re shopping for a loan, show ar ..

CREDIT CARDS: THE HIGH INTEREST RATE SOLUTION

Admin Manager - Tuesday, November 01, 2016
The Federal Reserve has raised interest rates substantially over the past two years. Consequently, credit card annual percentage rates have followed suit. Nearly all credit cards tie their interest rates to the prime rate, which has doubled to 8% from 4% during the string of rate hikes that began in 2004. This has led to interest rates on credit cards rising by 30% or more. Since August of 2006, the Federal Reserve has kept interest rates steady and many economists believe the next move may be a ..

CREDIT CARDS: HOW DO THEY DO THAT?

Admin Manager - Tuesday, October 25, 2016
During the days when the Federal Bank interest rates were at its lowest, back in 2002 and 2003 to be specific, countless credit card providers offered 0% APR credit cards to many consumers. Needing only to pay the outstanding balance, smart consumers were able to charge credit cards up to their limits without incurring monthly interest charges. The question that some people were asking when these cards were at their peak of popularity was this: how do credit card providers make money off of this ..

CREDIT CARDS: A WAY TO ELIMINATE DEBT

Admin Manager - Tuesday, October 18, 2016
It is interesting to note that what started off as a marketing gimmick has now become an almost permanent part of the credit card industry in America and today 0% APR credit cards can, in fact, play a significant role in helping a person reduce or get out of debt. What is a 0% APR credit card? APR is the annual interest rate known in the industry as the “Annual Percentage Rate”. It is a reflection of the cost of credit. In the old days, everybody paid a standard APR based o ..

CREDIT CARDS: A SMART WAY TO SAVE

Admin Manager - Tuesday, October 11, 2016
With the numerous credit card options available today, you can use plastic to pay off debt and save money at the same time. Using a credit card to get rid of debt, rather than rack it up, may sound strange but it is possible with 0% APR credit cards. All of the major credit card companies offer 0% APR credit cards - they are a great way to save hundreds, even thousands, of dollars on interest. If you use them wisely, 0% APR credit cards will help you get one step ahead in the credit card world.  ..

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