Authorities involved in the process of managing defaults on both property and assets are advising consumers to think twice about choosing to default as a strategic financial plan. In the last few months, the number of people purposely defaulting on their loan and financial obligations has trebled – with [...] Continue Reading…

A number of consumers have filed complaints recently pertaining to incorrect information being found on their credit reports. Finding fraudulent entries is not an uncommon thing in America, as there are up to 10,000 people affected by identity theft each and every day. However, the inaccurate details don’t appear [...] Continue Reading…

If your credit score is slightly lacking in sustenance, an excellent way to give it a bit of a boost would be to take out a car loan. Whilst many people would no doubt frown at the thought of taking out a loan on a depreciating asset, the idea [...] Continue Reading…

Reports have been flying around the housing sector recently as a rumour that banks would have to run a second credit report on you hours before putting your property in to foreclosure began circling.

This is in fact not the case at all, and Fannie Mae has made a statement [...] Continue Reading…

Credit monitoring services are a valuable addition to your life. They ultimately take the risk out of having your identity stolen, and are therefore able to save you from the dangerous phenomenon of identity fraud in the future.

However, there are a number of offerings which sometimes don’t [...] Continue Reading…

Credit cards are wonderful financial tools – if you know how to use them productively. They give you a chance to buy something now, pay for it later (with no interest if you are clever) – and they also offer you a world without transaction fees.

Additionally, you can [...] Continue Reading…

A new law which is being introduced to the house in the coming months could be a big boost for companies offering credit monitoring services.

A private members bill being supported by two Democrats would require that businesses and organizations take “extreme measures” to protect consumer details being held on [...] Continue Reading…

To illustrate just how easy it is for thieves to make off with personal details, enrolment details for over 10,000 students at the University of Connecticut have been stolen. The details were being held on a laptop, which was then taken from an admin office within the university.

The [...] Continue Reading…

Major credit card agencies have recently reported that their rates of delinquency have actually gone down in the month of June. According to press reports, the fall which has been seen is really small but it is important none the less as it means that the economy is actually [...] Continue Reading…

One may be considering a slight modification on their loan deals, but it often happens that they are not able to do so as it would mean that the credit card scores would be hampered. However this is soon set to be a thing of the past as [...] Continue Reading…