As the investment options become diverse with regard to the geography and the nature, making a sound investment decision not only ensures the safety of your wealth but also result in the maximization of your wealth. The expert reviews of the entities, instruments, and the countries, etc done by many credit rating agencies by providing few short term ratings which assist the investors in analyzing the different risks or returns...more
Many savvy credit card users have adopted a new stance in recent years. In an effort to reduce the chance they will become a victim of credit card fraud, they refuse to sign their credit card . Some will leave the signature line blank altogether, while others will write "see ID" on the signature line. The theory here is that criminals with an eye toward your credit card will be less able to either use your card (without a signature...more
Would you notice if a clerk swiped your card through a two card readers in one swift movement? Would you be able to tell if the gas pump where you swipe your card had a "bug" built in to the existing pump's reader, saving your data both to the pump to make your gasoline purchase and to the "bug" itself for later retrieval by the thief? This type of credit card theft comes from the use of credit card skimmers – small units that work by swiping the credit card's magnetic strip through them; just as you would if you were making a purchase. Smart thieves have learned how to attach these units to existing credit card readers so it is almost impossible to detect when one is being used. When a card is swiped through the reader, the card number, account holder name and address and sometimes even the pin number are stored so the thief can access it later. From the stored information (on however many credit cards the thief was able to "skim" through the machine), counter fit, "cloned" credit cards are created and then used to make purchases.Unbelievably, it is not difficult to get a credit card skimming machine. They can be searched for and purchased online, making it...more
Bad credit history, also called sub-prime credit history, non-status credit history, impaired credit history, poor credit history, and adverse credit history, is a negative credit rating. The consequence of a bad credit rating is typically a reduction in the likelihood that a lender will approve an application for...more
There is nothing good about bad credit. It is the exact opposite of good credit. While good credit helps you qualify for car and home mortgage loans, bad credit could keep you from being able to buy these large-dollar items. It can also keep you from qualifying for credit cards and may possibly hinder your ability to rent a house or apartment. It...more
A credit score in the United States is a number representing the creditworthiness of a person, the likelihood that person will pay his or her debts. As a score does not consider race, sex or ethnicity, it is generally considered to be the most fair and objective underwriting tool available to lenders. A negative credit score is often considered undesirable to lenders and other extenders of credit for the purposes of loaning money or capita. Given that your poor credit score might be caused due to something accidental and unexpected, like misreported bank finance charge, your first logical step may be to review your credit report and try to fix whatever is possible as this can really help in broadening your options for personal loans in the future.. There are agencies which can help in repairing your credit score quite successfully and you may wish to consider this as your first option. There are also specialist lenders who provide a solution in the form of loans for people with bad credit.Like normal loans, a bad credit loan can be secured or unsecured; there are however, differences and advantages to both:1. Secured loan with bad...more
Getting a bad credit report happens even to the best of us. As hard as we try to be on time with our payments, sometimes circumstances are beyond our control and we find ourselves in bad credit. However, you may like to remember that one or two late...more
Many a time we may have to go through situations that may leave a permanent scar on our financial history. As a result of the financial tsunami that hit the world in 2008 and its after effects in terms of the worldwide recession, an increasing number...more
Credit card debts are common among many consumers in the United States. Credit card debts are considered unsecured debts and that is why most credit card companies charge a high interest rate. Being in debt is not always a bad thing. By paying off...more
If you have several credit cards and you have maxed out every single one and you have no means whatsoever to pay it all, then maybe it is time that you find out about credit card debt program settlement. A credit card debt program...more
Clearing off credit card debts might take quite a while if the debt if overwhelmingly high. Being buried in debt is not something any one of us would imagine happening to ourselves. But these things do happen with or without us realizing it....more
Do you find yourself caught in the midst of credit card debt? Have you been wondering if there is a way to clear your mounting debt without getting trapped in a debt trap and without letting too much interest get accrued on your credit card? If you...more