Tag Archive: you

You Can Get Essays Written for You by Qualified Writers, where can you get a free credit report.#Where #can #you #get #a #free #credit #report

A Qualified Writer Will Deliver the Best Essays for You

You can get essays written for you now and do not have to worry about lifting a finger. Today you get the joys of having to outsource professional services where your essays are concerned. We are a team of qualified professionals who can write your essays while you sit at home and relax.

You can now be able to do all other things that you have meant to do but did not have enough time for. We take into account every single detail that is specified and let you be in control. This means that you will be assigned your own personal writer who will ensure that you get exactly what you want. Our services are designed to suit your individual needs, as each and every client that walks through that door is unique and special, thus, deserves to get top rate custom essays online.

We bet, some time ago, no one ever considered it as a possibility to pay to have an essay written. We saw an opportunity, and we saw a need, and we thought it would be a good idea to help many students who struggle to write their own essays. We saw how they were battling, and we decided to offer our services. We have been writing for a very long time, and we have excelled in this. It is something that makes us the best professional essay writing team.

You can get an essay written for you while you sit back and relax. That is the whole idea of this service. We are offering you an opportunity to get more free time and do many things you should be doing while you are in college. Life is about being able to enjoy without feeling any guilt and without any fear. College should be a place of excitement and not despair. Get essays online from our services and enjoy your time with friends.

Get control of your essays with qualified writers’ help

Wouldn’t you want to relax and just enjoy life? We think you should, and this is how you can do it. Get a perfect essay written for you by a qualified writer. You can get someone who has the skill to take over and take away your days of misery. College life is supposed to be a place of fun, and it can be difficult to have fun when you have a thousand essays to write. We can write you 100% plagiarism-free essays and give you the best time ever in college. When you get your essay written for you, you are taking a step in making your dreams a reality and giving yourself the luxury of spare time. You can simply relax while someone with the skills works on that essay for you. All you need to do is to wait for delivery. It has never been that easy to hire online essay writer.

It is amazing, and we think you should take advantage of that. You need to have a good essay to get through the college and, at the same time, to be able to have as much fun as you can. You should get ahead in life, and you can only be smart about it. We have been helping so many students, and we want you to be part of that party, because college life is one big party that you should not miss. Life is about taking control, and this is you taking control of your life and your destiny. This is you making sure that you have everything you have always wanted and even more.

Buy essay online at a reasonable price

Get-essay.com offers a wide range of writing services online. The most popular academic assignment that our writers complete is an essay. You probably know that students have to deal with a plenty of essay types that have a lot of peculiarities. Buying an essay on our website, you are sure to get a professional academic writer who specializes in the required field. So, ordering online essays on our website, you get not only content but a profound research as well.

When you buy an essay for the first time, we provide a 10% discount on your order. This money is returned to you in a form of a bonus which you can use to cover the expenses on your next orders. Moreover, our returning customers participate in Loyalty and Referral programs that make ordering even cheaper. You get 5% of the price to your Balance each time you or your friend you brought to us place an order. It has never been that beneficial to buy essays online from true experts!





3 Ways to Get Your Credit Report for Free, how do you get your credit score.#How #do #you #get #your #credit #score

How to Get Your Credit Report for Free

Your credit report include information on your address, the number of credit accounts you have, whether you pay your bills on time, and whether you have been sued or filed from bankruptcy. Lenders use it when determining whether to lend to you and at what rates. The United States Federal Trade Commission (FTC) recommends that you check your credit report at least once a year to prevent identity theft and to make sure your information is being accurately reported. [1] Under the Fair Credit Reporting Act (FCRA), you are legally entitled to at least one report every 12 months from each of the three major credit bureaus, and the process to obtain them – whether online or by mail – is quick and easy.

Edit Steps

Edit Method One of Three:

Getting Your Credit Report

How do you get your credit score

How do you get your credit score

How do you get your credit score

How do you get your credit score

How do you get your credit score

How do you get your credit score

How do you get your credit score

Edit Method Two of Three:

Understanding Your Credit Report

How do you get your credit score

How do you get your credit score

How do you get your credit score

How do you get your credit score

How do you get your credit score

How do you get your credit score





7 Ways To Improve Your Credit Score, how do you get your credit score.#How #do #you #get #your #credit #score

7 ways to improve your credit score

If you need to boost your credit score, it won’t happen overnight.

Credit scores take into account years of past behavior you can find on your credit report, and not just your present actions.

But there are some steps you can take now to start on the path to better credit.

7 steps to raise your credit score

  1. Watch those credit card balances.
  2. Eliminate credit card balances.
  3. Leave old debt on your report.
  4. Use your calendar.
  5. Pay bills on time.
  6. Don’t hint at risk.
  7. Don’t obsess.

1. Watch those credit card balances

One major factor in your credit score is how much revolving credit you have versus how much you’re actually using. The smaller that percentage is, the better it is for your credit rating.

The optimum: 30 percent or lower.

To boost your score, “pay down your balances, and keep those balances low,” says Pamela Banks, senior policy counsel for Consumers Union.

If you have multiple credit card balances, consolidating them with a personal loan could help your score.

What you might not know: Even if you pay balances in full every month, you still could have a higher utilization ratio than you’d expect. That’s because some issuers use the balance on your statement as the one reported to the bureau. Even if you’re paying balances in full every month, your credit score will still weigh your monthly balances.

One strategy: See if the credit card issuer will accept multiple payments throughout the month.

2. Eliminate credit card balances

“A good way to improve your credit score is to eliminate nuisance balances,” says John Ulzheimer, a nationally recognized credit expert formerly of FICO and Equifax. Those are the small balances you have on a number of credit cards.

The reason this strategy can boost your score: One of the items your score considers is just how many of your cards have balances, Ulzheimer says. That’s why charging $50 on one card and $30 on another instead of using the same card (preferably one with a good interest rate) can hurt your credit score.

The solution to improve your credit score is to gather up all those credit cards with small balances and pay them off, Ulzheimer says. Then select one or two go-to cards that you can use for everything.

“That way, you’re not polluting your credit report with a lot of balances,” he says.

3. Leave old debt on your report

Some people erroneously believe that old debt on their credit report is bad.

The minute they get their home or car paid off, they’re on the phone trying to get it removed from their credit report.

Negative items are bad for your credit score, and most of them will disappear from your report after seven years. However, “arguing to get old accounts off your credit report just because they’re paid is a bad idea,” Ulzheimer says.

Good debt — debt that you’ve handled well and paid as agreed — is good for your credit. The longer your history of good debt is, the better it is for your score.

One of the ways to improve your credit score: Leave old debt and good accounts on as long as possible. This is also a good reason not to close old accounts where you’ve had a solid repayment record.

Trying to get rid of old good debt “is like making straight A’s in high school and trying to expunge the record 20 years later,” Ulzheimer says. “You never want that stuff to come off your history.”

4. Use your calendar

If you’re shopping for a home, car or student loan, it pays to do your rate shopping within a short time period.

Every time you apply for credit, it can cause a small dip in your credit score that lasts a year. That’s because if someone is making multiple applications for credit, it usually means he or she wants to use more credit.

However, with three kinds of loans — mortgage, auto and more recently, student loans — scoring formulas allow for the fact that you’ll make multiple applications but take out only one loan.

The FICO score, a credit score commonly used by lenders, ignores any such inquiries made in the 30 days prior to scoring. If it finds some that are older than 30 days, it will count those made within a typical shopping period as just one inquiry.

The length of that shopping period depends on the credit score used.

If lenders are using the newest forms of scoring software, then you have 45 days, says Ulzheimer. With older forms, you need to keep it to 14 days.

Older forms of the software won’t count multiple student loan inquiries as one, no matter how close together you make applications, he says.

5. Pay bills on time

If you’re planning a major purchase (like a home or a car), you might be scrambling to assemble one big chunk of cash.

While you’re juggling bills, you don’t want to start paying bills late. Even if you’re sitting on a pile of savings, a drop in your score could scuttle that dream deal.

One of the biggest ingredients in a good credit score is simply month after month of plain-vanilla, on-time payments.

“Credit scores are determined by what’s in your credit report,” says Linda Sherry, director of national priorities for Consumer Action. If you’re bad about paying your bills — or paying them on time — it damages your credit and hurts your credit score, she says.

That can even extend to items that aren’t normally associated with credit reporting, such as library books, she says. That’s because even if the original “creditor,” such as the library, doesn’t report to the bureaus, they may eventually call in a collections agency for an unpaid bill. That agency could very well list the item on your credit report.

Putting cash into a savings account for a major purchase is smart. Just don’t slight the regular bills to do it.

6. Don’t hint at risk

Sometimes, one of the best ways to improve your credit score is to not do something that could sink it.

Two of the biggies are missing payments and suddenly paying less (or charging more) than you normally do, says Dave Jones, retired president of the Association of Independent Consumer Credit Counseling Agencies.

Other changes that could scare your card issuer (but not necessarily hurt your credit score): taking cash advances or even using your cards at businesses that could indicate current or future money stress, such as a pawnshop or a divorce attorney, he says.

“You just don’t want to do anything that would indicate risk,” Jones says.

7. Don’t obsess

You should be laser-focused on your credit score when you know you’ll soon need credit. In the interim, pay your bills and use credit responsibly. Your score will reflect these smart spending behaviors.

Are you getting ready to make a big purchase, such as a home or car? At least a few months in advance, have a look at your credit score.

While the score that you get through your bank or a service may not be the exact same one your lender uses, it will grade you on many of the same criteria and give you a good indication of how well you’re managing your credit. It will provide you with specific ways to improve your credit score — in the form of several codes or factors that kept your score from being higher.

If you are denied credit (or don’t qualify for the lender’s best rate), the lender has to show you the credit score it used, thanks to the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Another smart move is to regularly check your credit reports.

You’re entitled to one of each of your three credit bureau reports (Equifax, Experian and TransUnion) for free every 12 months through AnnualCreditReport.com.

It’s smart to stagger them. Send for one every four months, and you can monitor your credit for free.





Mint: Money Manager, Bills, Credit Score & Budgeting, how do you find out your credit score.#How #do #you #find #out #your #credit #score

How do you measure up?

The average credit score for Mint users is 705 (national avg. is 673*). Check yours for free in Mint.

How do you measure up?

The average credit score for Mint users is 705 (national avg. is 673*). Check yours for free in Mint.

How do you measure up?

The average credit score for Mint users is 705 (national avg. is 673*). Check yours for free in Mint.

Budgets? You betcha

Easily create budgets, and see our suggestions based on your spending.

How do you find out your credit score

Bills? Done

Track and pay bills like never before. Get alerts and schedule payments on the spot.

How do you find out your credit score

Credit score? Checked

Find out yours for free and get tips to help improve it, no credit card required.

How do you find out your credit score

It’s all coming together

When you’re on top of your money, life is good. We help you effortlessly manage your finances in one place.

It’s all coming together

When you’re on top of your money, life is good. We help you effortlessly manage your finances in one place.

It’s all coming together

When you’re on top of your money, life is good. We help you effortlessly manage your finances in one place.

Budgets? You betcha

Easily create budgets, and see our suggestions based on your spending.

How do you find out your credit score

Bills? Done

Track and pay bills like never before. Get alerts and schedule payments on the spot.

How do you find out your credit score

Credit score? Checked

Find out yours for free and get tips to help improve it, no credit card required.

How do you find out your credit score

It’s all coming together

Bill pay is now in Mint. Once you’re set up, you’ll love how simple it is to manage bills and money in one place.

It’s all coming together

Bill pay is now in Mint. Once you’re set up, you’ll love how simple it is to manage bills and money in one place.

It’s all coming together

Bill pay is now in Mint. Once you’re set up, you’ll love how simple it is to manage bills and money in one place.

Budget? You betcha

Easily create budgets, and see our suggestions based on your spending.

How do you find out your credit score

Bills? Done

Track and pay bills like never before. Get alerts and schedule payments on the spot.

How do you find out your credit score

Credit score? Checked

Find out yours for free and get tips to help improve it, no credit card required.

How do you find out your credit score

Effortlessly stay on top of bills

At last, your bills and money are together in one place and easier than ever to manage. Just add your bills to see how helpful we can be.

  • See bills and money in one place.
  • Get alerts and schedule payments on the spot.
  • Say goodbye to late fees.
  • Stop logging into multiple sites.
  • Deliver payments fast.

How do you find out your credit score

Personalized for you

  • Create budgets that make sense today and set you up for success tomorrow.
  • See bills and money together, so you know what’s due, when it’s due and what you can pay.
  • Receive alerts for unusual account charges, and get custom tips for reducing fees and saving money.
  • Get your free credit score and learn how you can improve it now to get the things you want later.

How do you find out your credit score

Get started simply securely

  • It’s easy to set up your free account in seconds, and help’s available if you should ever need it.
  • We work to keep your information secure. All your data is encrypted with a 256-bit encryption level and the data exchanged with Mint is encrypted with 128-bit SSL.
  • Mint comes from the makers of TurboTax®, trusted by millions every year with their most sensitive data.

How do you find out your credit score

Intuitive features, powerful results

Mint is versatile enough to help anyone’s money make sense without much effort. There’s no wrong way to use it, and nothing to lose getting started. You’ll be surprised how life-changing something so simple can be.

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Budgets that work

Create budgets you can actually stick to, and see how you’re spending your money.

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Money on the go

Phone tablet apps to manage your money from wherever you are.

How do you find out your credit score

One step at a time

Get personalized tips and advice for maximizing your money every day.





Credit Report, Credit Check – Free Credit Score, Experian, how do you get a free credit report.#How #do #you #get #a #free #credit #report

Your Experian Credit Score.

Your Experian Credit Score , updates available every 30 days

How do you get a free credit report

Credit Cards

How do you get a free credit report

Loans

How do you get a free credit report

Your chances

of approval †вЂ

No card details needed if we can easily verify you

If you would like a copy of your ВЈ2 statutory credit report order here

We work with the UK s leading credit providers

  • How do you get a free credit report
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  • How do you get a free credit report
  • How do you get a free credit report
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We can help you take the guesswork out of applying for Credit Cards Loans

How do you get a free credit report

Get your FREE Experian Credit Score

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Compare Credit Cards, Loans Mortgages

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How do you get a free credit report

Find out how likely you are to be accepted †вЂ

Or if you would like to understand the factors affecting your credit score, get access to your Experian Credit Report more, you can do this with a 30-day trial* of CreditExpert.

How do you get a free credit report

  • Receive personalised tips on how to improve your Experian Credit Score
  • Gain unlimited access to your Experian Credit Report
  • Use our UK-based call centre if you need guidance or have any concerns about your report, score or fraud
  • Use our web monitoring tool credit report alerts to protect your online identity from fraud
  • Receive support from a dedicated caseworker if you are a victim of fraud

How your Experian Credit Report Score can help you

Your Experian Credit Score is a straight forward way of showing how lenders may view you, based on information in your Experian Credit Report. The better your credit score the better your chances are of getting a credit card, a loan or even a mortgage, along with great rates for each. Your Experian Credit Report allows you to see the information lenders use when carrying out a credit check.

If you have a low score or there is room to improve, checking your credit report can help you see whether the information on it is correct and understand what could be affecting your score.

To find out your options for viewing your Experian Credit Score or Experian Credit Report, see which product is right for you.

Your personal details are in good hands

Experian takes data security very seriously and we are always reviewing and improving our measures to keep your information safe. Experian is unaffected by the recent Equifax data breach.

We have lots of resources to help you look after your personal details – here’s information on protecting yourself and spotting the warning signs of identity fraud.

How do you get a free credit report

How do you get a free credit report How do you get a free credit report How do you get a free credit report How do you get a free credit report

*A monthly fee of ВЈ14.99 applies after your free trial. You may cancel during your 30-day free trial without charge. New customers only. Free trial period starts on registration – further ID verification may be required to access full service which may take up to 5 days.

Experian acts as a credit broker and not a lender in the provision of its credit cards and personal, car finance and guarantor loans matching services, meaning it will show you products offered by lenders and other brokers.

Experian acts independently and although CreditMatcher shows products for a range of lenders and other brokers it does not cover the whole of the market, meaning other products may be available to you. CreditMatcher services are provided free however we will receive commission payments from lenders or brokers we introduce you to. Information about the commission we receive from brokers for mortgages and secured loans can be found in our help section.

Eligibility Ratings are available for credit cards and personal loans only.

‡‘Most trusted’ based on 61% of 1057 respondents, ICM Unlimited survey June 2017.

CreditMatcher and CreditExpert are provided by Experian Ltd (Registered number 653331). Experian Ltd is authorised and regulated by the Financial Conduct Authority (firm reference number 738097). Experian Ltd is registered in England and Wales with registered office at The Sir John Peace Building, Experian Way, NG2 Business Park, Nottingham, NG80 1ZZ. The web monitoring feature and its alerts within CreditExpert is not FCA regulated activity.

Copyright 2017, Experian Ltd. All rights reserved.

How do you get a free credit report





You Can Get Essays Written for You by Qualified Writers, where can you get a free credit report.#Where #can #you #get #a #free #credit #report

A Qualified Writer Will Deliver the Best Essays for You

You can get essays written for you now and do not have to worry about lifting a finger. Today you get the joys of having to outsource professional services where your essays are concerned. We are a team of qualified professionals who can write your essays while you sit at home and relax.

You can now be able to do all other things that you have meant to do but did not have enough time for. We take into account every single detail that is specified and let you be in control. This means that you will be assigned your own personal writer who will ensure that you get exactly what you want. Our services are designed to suit your individual needs, as each and every client that walks through that door is unique and special, thus, deserves to get top rate custom essays online.

We bet, some time ago, no one ever considered it as a possibility to pay to have an essay written. We saw an opportunity, and we saw a need, and we thought it would be a good idea to help many students who struggle to write their own essays. We saw how they were battling, and we decided to offer our services. We have been writing for a very long time, and we have excelled in this. It is something that makes us the best professional essay writing team.

You can get an essay written for you while you sit back and relax. That is the whole idea of this service. We are offering you an opportunity to get more free time and do many things you should be doing while you are in college. Life is about being able to enjoy without feeling any guilt and without any fear. College should be a place of excitement and not despair. Get essays online from our services and enjoy your time with friends.

Get control of your essays with qualified writers’ help

Wouldn’t you want to relax and just enjoy life? We think you should, and this is how you can do it. Get a perfect essay written for you by a qualified writer. You can get someone who has the skill to take over and take away your days of misery. College life is supposed to be a place of fun, and it can be difficult to have fun when you have a thousand essays to write. We can write you 100% plagiarism-free essays and give you the best time ever in college. When you get your essay written for you, you are taking a step in making your dreams a reality and giving yourself the luxury of spare time. You can simply relax while someone with the skills works on that essay for you. All you need to do is to wait for delivery. It has never been that easy to hire online essay writer.

It is amazing, and we think you should take advantage of that. You need to have a good essay to get through the college and, at the same time, to be able to have as much fun as you can. You should get ahead in life, and you can only be smart about it. We have been helping so many students, and we want you to be part of that party, because college life is one big party that you should not miss. Life is about taking control, and this is you taking control of your life and your destiny. This is you making sure that you have everything you have always wanted and even more.

Buy essay online at a reasonable price

Get-essay.com offers a wide range of writing services online. The most popular academic assignment that our writers complete is an essay. You probably know that students have to deal with a plenty of essay types that have a lot of peculiarities. Buying an essay on our website, you are sure to get a professional academic writer who specializes in the required field. So, ordering online essays on our website, you get not only content but a profound research as well.

When you buy an essay for the first time, we provide a 10% discount on your order. This money is returned to you in a form of a bonus which you can use to cover the expenses on your next orders. Moreover, our returning customers participate in Loyalty and Referral programs that make ordering even cheaper. You get 5% of the price to your Balance each time you or your friend you brought to us place an order. It has never been that beneficial to buy essays online from true experts!





You Can Get Essays Written for You by Qualified Writers, how do you get a free credit report.#How #do #you #get #a #free #credit #report

A Qualified Writer Will Deliver the Best Essays for You

You can get essays written for you now and do not have to worry about lifting a finger. Today you get the joys of having to outsource professional services where your essays are concerned. We are a team of qualified professionals who can write your essays while you sit at home and relax.

You can now be able to do all other things that you have meant to do but did not have enough time for. We take into account every single detail that is specified and let you be in control. This means that you will be assigned your own personal writer who will ensure that you get exactly what you want. Our services are designed to suit your individual needs, as each and every client that walks through that door is unique and special, thus, deserves to get top rate custom essays online.

We bet, some time ago, no one ever considered it as a possibility to pay to have an essay written. We saw an opportunity, and we saw a need, and we thought it would be a good idea to help many students who struggle to write their own essays. We saw how they were battling, and we decided to offer our services. We have been writing for a very long time, and we have excelled in this. It is something that makes us the best professional essay writing team.

You can get an essay written for you while you sit back and relax. That is the whole idea of this service. We are offering you an opportunity to get more free time and do many things you should be doing while you are in college. Life is about being able to enjoy without feeling any guilt and without any fear. College should be a place of excitement and not despair. Get essays online from our services and enjoy your time with friends.

Get control of your essays with qualified writers’ help

Wouldn’t you want to relax and just enjoy life? We think you should, and this is how you can do it. Get a perfect essay written for you by a qualified writer. You can get someone who has the skill to take over and take away your days of misery. College life is supposed to be a place of fun, and it can be difficult to have fun when you have a thousand essays to write. We can write you 100% plagiarism-free essays and give you the best time ever in college. When you get your essay written for you, you are taking a step in making your dreams a reality and giving yourself the luxury of spare time. You can simply relax while someone with the skills works on that essay for you. All you need to do is to wait for delivery. It has never been that easy to hire online essay writer.

It is amazing, and we think you should take advantage of that. You need to have a good essay to get through the college and, at the same time, to be able to have as much fun as you can. You should get ahead in life, and you can only be smart about it. We have been helping so many students, and we want you to be part of that party, because college life is one big party that you should not miss. Life is about taking control, and this is you taking control of your life and your destiny. This is you making sure that you have everything you have always wanted and even more.

Buy essay online at a reasonable price

Get-essay.com offers a wide range of writing services online. The most popular academic assignment that our writers complete is an essay. You probably know that students have to deal with a plenty of essay types that have a lot of peculiarities. Buying an essay on our website, you are sure to get a professional academic writer who specializes in the required field. So, ordering online essays on our website, you get not only content but a profound research as well.

When you buy an essay for the first time, we provide a 10% discount on your order. This money is returned to you in a form of a bonus which you can use to cover the expenses on your next orders. Moreover, our returning customers participate in Loyalty and Referral programs that make ordering even cheaper. You get 5% of the price to your Balance each time you or your friend you brought to us place an order. It has never been that beneficial to buy essays online from true experts!





Mint: Money Manager, Bills, Credit Score & Budgeting, how do you get a free credit score.#How #do #you #get #a #free #credit #score

How do you measure up?

The average credit score for Mint users is 705 (national avg. is 673*). Check yours for free in Mint.

How do you measure up?

The average credit score for Mint users is 705 (national avg. is 673*). Check yours for free in Mint.

How do you measure up?

The average credit score for Mint users is 705 (national avg. is 673*). Check yours for free in Mint.

Budgets? You betcha

Easily create budgets, and see our suggestions based on your spending.

How do you get a free credit score

Bills? Done

Track and pay bills like never before. Get alerts and schedule payments on the spot.

How do you get a free credit score

Credit score? Checked

Find out yours for free and get tips to help improve it, no credit card required.

How do you get a free credit score

It’s all coming together

When you’re on top of your money, life is good. We help you effortlessly manage your finances in one place.

It’s all coming together

When you’re on top of your money, life is good. We help you effortlessly manage your finances in one place.

It’s all coming together

When you’re on top of your money, life is good. We help you effortlessly manage your finances in one place.

Budgets? You betcha

Easily create budgets, and see our suggestions based on your spending.

How do you get a free credit score

Bills? Done

Track and pay bills like never before. Get alerts and schedule payments on the spot.

How do you get a free credit score

Credit score? Checked

Find out yours for free and get tips to help improve it, no credit card required.

How do you get a free credit score

It’s all coming together

Bill pay is now in Mint. Once you’re set up, you’ll love how simple it is to manage bills and money in one place.

It’s all coming together

Bill pay is now in Mint. Once you’re set up, you’ll love how simple it is to manage bills and money in one place.

It’s all coming together

Bill pay is now in Mint. Once you’re set up, you’ll love how simple it is to manage bills and money in one place.

Budget? You betcha

Easily create budgets, and see our suggestions based on your spending.

How do you get a free credit score

Bills? Done

Track and pay bills like never before. Get alerts and schedule payments on the spot.

How do you get a free credit score

Credit score? Checked

Find out yours for free and get tips to help improve it, no credit card required.

How do you get a free credit score

Effortlessly stay on top of bills

At last, your bills and money are together in one place and easier than ever to manage. Just add your bills to see how helpful we can be.

  • See bills and money in one place.
  • Get alerts and schedule payments on the spot.
  • Say goodbye to late fees.
  • Stop logging into multiple sites.
  • Deliver payments fast.

How do you get a free credit score

Personalized for you

  • Create budgets that make sense today and set you up for success tomorrow.
  • See bills and money together, so you know what’s due, when it’s due and what you can pay.
  • Receive alerts for unusual account charges, and get custom tips for reducing fees and saving money.
  • Get your free credit score and learn how you can improve it now to get the things you want later.

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7 Ways To Improve Your Credit Score, how do you get your credit score.#How #do #you #get #your #credit #score

7 ways to improve your credit score

If you need to boost your credit score, it won’t happen overnight.

Credit scores take into account years of past behavior you can find on your credit report, and not just your present actions.

But there are some steps you can take now to start on the path to better credit.

7 steps to raise your credit score

  1. Watch those credit card balances.
  2. Eliminate credit card balances.
  3. Leave old debt on your report.
  4. Use your calendar.
  5. Pay bills on time.
  6. Don’t hint at risk.
  7. Don’t obsess.

1. Watch those credit card balances

One major factor in your credit score is how much revolving credit you have versus how much you’re actually using. The smaller that percentage is, the better it is for your credit rating.

The optimum: 30 percent or lower.

To boost your score, “pay down your balances, and keep those balances low,” says Pamela Banks, senior policy counsel for Consumers Union.

If you have multiple credit card balances, consolidating them with a personal loan could help your score.

What you might not know: Even if you pay balances in full every month, you still could have a higher utilization ratio than you’d expect. That’s because some issuers use the balance on your statement as the one reported to the bureau. Even if you’re paying balances in full every month, your credit score will still weigh your monthly balances.

One strategy: See if the credit card issuer will accept multiple payments throughout the month.

2. Eliminate credit card balances

“A good way to improve your credit score is to eliminate nuisance balances,” says John Ulzheimer, a nationally recognized credit expert formerly of FICO and Equifax. Those are the small balances you have on a number of credit cards.

The reason this strategy can boost your score: One of the items your score considers is just how many of your cards have balances, Ulzheimer says. That’s why charging $50 on one card and $30 on another instead of using the same card (preferably one with a good interest rate) can hurt your credit score.

The solution to improve your credit score is to gather up all those credit cards with small balances and pay them off, Ulzheimer says. Then select one or two go-to cards that you can use for everything.

“That way, you’re not polluting your credit report with a lot of balances,” he says.

3. Leave old debt on your report

Some people erroneously believe that old debt on their credit report is bad.

The minute they get their home or car paid off, they’re on the phone trying to get it removed from their credit report.

Negative items are bad for your credit score, and most of them will disappear from your report after seven years. However, “arguing to get old accounts off your credit report just because they’re paid is a bad idea,” Ulzheimer says.

Good debt — debt that you’ve handled well and paid as agreed — is good for your credit. The longer your history of good debt is, the better it is for your score.

One of the ways to improve your credit score: Leave old debt and good accounts on as long as possible. This is also a good reason not to close old accounts where you’ve had a solid repayment record.

Trying to get rid of old good debt “is like making straight A’s in high school and trying to expunge the record 20 years later,” Ulzheimer says. “You never want that stuff to come off your history.”

4. Use your calendar

If you’re shopping for a home, car or student loan, it pays to do your rate shopping within a short time period.

Every time you apply for credit, it can cause a small dip in your credit score that lasts a year. That’s because if someone is making multiple applications for credit, it usually means he or she wants to use more credit.

However, with three kinds of loans — mortgage, auto and more recently, student loans — scoring formulas allow for the fact that you’ll make multiple applications but take out only one loan.

The FICO score, a credit score commonly used by lenders, ignores any such inquiries made in the 30 days prior to scoring. If it finds some that are older than 30 days, it will count those made within a typical shopping period as just one inquiry.

The length of that shopping period depends on the credit score used.

If lenders are using the newest forms of scoring software, then you have 45 days, says Ulzheimer. With older forms, you need to keep it to 14 days.

Older forms of the software won’t count multiple student loan inquiries as one, no matter how close together you make applications, he says.

5. Pay bills on time

If you’re planning a major purchase (like a home or a car), you might be scrambling to assemble one big chunk of cash.

While you’re juggling bills, you don’t want to start paying bills late. Even if you’re sitting on a pile of savings, a drop in your score could scuttle that dream deal.

One of the biggest ingredients in a good credit score is simply month after month of plain-vanilla, on-time payments.

“Credit scores are determined by what’s in your credit report,” says Linda Sherry, director of national priorities for Consumer Action. If you’re bad about paying your bills — or paying them on time — it damages your credit and hurts your credit score, she says.

That can even extend to items that aren’t normally associated with credit reporting, such as library books, she says. That’s because even if the original “creditor,” such as the library, doesn’t report to the bureaus, they may eventually call in a collections agency for an unpaid bill. That agency could very well list the item on your credit report.

Putting cash into a savings account for a major purchase is smart. Just don’t slight the regular bills to do it.

6. Don’t hint at risk

Sometimes, one of the best ways to improve your credit score is to not do something that could sink it.

Two of the biggies are missing payments and suddenly paying less (or charging more) than you normally do, says Dave Jones, retired president of the Association of Independent Consumer Credit Counseling Agencies.

Other changes that could scare your card issuer (but not necessarily hurt your credit score): taking cash advances or even using your cards at businesses that could indicate current or future money stress, such as a pawnshop or a divorce attorney, he says.

“You just don’t want to do anything that would indicate risk,” Jones says.

7. Don’t obsess

You should be laser-focused on your credit score when you know you’ll soon need credit. In the interim, pay your bills and use credit responsibly. Your score will reflect these smart spending behaviors.

Are you getting ready to make a big purchase, such as a home or car? At least a few months in advance, have a look at your credit score.

While the score that you get through your bank or a service may not be the exact same one your lender uses, it will grade you on many of the same criteria and give you a good indication of how well you’re managing your credit. It will provide you with specific ways to improve your credit score — in the form of several codes or factors that kept your score from being higher.

If you are denied credit (or don’t qualify for the lender’s best rate), the lender has to show you the credit score it used, thanks to the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Another smart move is to regularly check your credit reports.

You’re entitled to one of each of your three credit bureau reports (Equifax, Experian and TransUnion) for free every 12 months through AnnualCreditReport.com.

It’s smart to stagger them. Send for one every four months, and you can monitor your credit for free.





7 Ways To Improve Your Credit Score, how do you get a credit score.#How #do #you #get #a #credit #score

7 ways to improve your credit score

If you need to boost your credit score, it won’t happen overnight.

Credit scores take into account years of past behavior you can find on your credit report, and not just your present actions.

But there are some steps you can take now to start on the path to better credit.

7 steps to raise your credit score

  1. Watch those credit card balances.
  2. Eliminate credit card balances.
  3. Leave old debt on your report.
  4. Use your calendar.
  5. Pay bills on time.
  6. Don’t hint at risk.
  7. Don’t obsess.

1. Watch those credit card balances

One major factor in your credit score is how much revolving credit you have versus how much you’re actually using. The smaller that percentage is, the better it is for your credit rating.

The optimum: 30 percent or lower.

To boost your score, “pay down your balances, and keep those balances low,” says Pamela Banks, senior policy counsel for Consumers Union.

If you have multiple credit card balances, consolidating them with a personal loan could help your score.

What you might not know: Even if you pay balances in full every month, you still could have a higher utilization ratio than you’d expect. That’s because some issuers use the balance on your statement as the one reported to the bureau. Even if you’re paying balances in full every month, your credit score will still weigh your monthly balances.

One strategy: See if the credit card issuer will accept multiple payments throughout the month.

2. Eliminate credit card balances

“A good way to improve your credit score is to eliminate nuisance balances,” says John Ulzheimer, a nationally recognized credit expert formerly of FICO and Equifax. Those are the small balances you have on a number of credit cards.

The reason this strategy can boost your score: One of the items your score considers is just how many of your cards have balances, Ulzheimer says. That’s why charging $50 on one card and $30 on another instead of using the same card (preferably one with a good interest rate) can hurt your credit score.

The solution to improve your credit score is to gather up all those credit cards with small balances and pay them off, Ulzheimer says. Then select one or two go-to cards that you can use for everything.

“That way, you’re not polluting your credit report with a lot of balances,” he says.

3. Leave old debt on your report

Some people erroneously believe that old debt on their credit report is bad.

The minute they get their home or car paid off, they’re on the phone trying to get it removed from their credit report.

Negative items are bad for your credit score, and most of them will disappear from your report after seven years. However, “arguing to get old accounts off your credit report just because they’re paid is a bad idea,” Ulzheimer says.

Good debt — debt that you’ve handled well and paid as agreed — is good for your credit. The longer your history of good debt is, the better it is for your score.

One of the ways to improve your credit score: Leave old debt and good accounts on as long as possible. This is also a good reason not to close old accounts where you’ve had a solid repayment record.

Trying to get rid of old good debt “is like making straight A’s in high school and trying to expunge the record 20 years later,” Ulzheimer says. “You never want that stuff to come off your history.”

4. Use your calendar

If you’re shopping for a home, car or student loan, it pays to do your rate shopping within a short time period.

Every time you apply for credit, it can cause a small dip in your credit score that lasts a year. That’s because if someone is making multiple applications for credit, it usually means he or she wants to use more credit.

However, with three kinds of loans — mortgage, auto and more recently, student loans — scoring formulas allow for the fact that you’ll make multiple applications but take out only one loan.

The FICO score, a credit score commonly used by lenders, ignores any such inquiries made in the 30 days prior to scoring. If it finds some that are older than 30 days, it will count those made within a typical shopping period as just one inquiry.

The length of that shopping period depends on the credit score used.

If lenders are using the newest forms of scoring software, then you have 45 days, says Ulzheimer. With older forms, you need to keep it to 14 days.

Older forms of the software won’t count multiple student loan inquiries as one, no matter how close together you make applications, he says.

5. Pay bills on time

If you’re planning a major purchase (like a home or a car), you might be scrambling to assemble one big chunk of cash.

While you’re juggling bills, you don’t want to start paying bills late. Even if you’re sitting on a pile of savings, a drop in your score could scuttle that dream deal.

One of the biggest ingredients in a good credit score is simply month after month of plain-vanilla, on-time payments.

“Credit scores are determined by what’s in your credit report,” says Linda Sherry, director of national priorities for Consumer Action. If you’re bad about paying your bills — or paying them on time — it damages your credit and hurts your credit score, she says.

That can even extend to items that aren’t normally associated with credit reporting, such as library books, she says. That’s because even if the original “creditor,” such as the library, doesn’t report to the bureaus, they may eventually call in a collections agency for an unpaid bill. That agency could very well list the item on your credit report.

Putting cash into a savings account for a major purchase is smart. Just don’t slight the regular bills to do it.

6. Don’t hint at risk

Sometimes, one of the best ways to improve your credit score is to not do something that could sink it.

Two of the biggies are missing payments and suddenly paying less (or charging more) than you normally do, says Dave Jones, retired president of the Association of Independent Consumer Credit Counseling Agencies.

Other changes that could scare your card issuer (but not necessarily hurt your credit score): taking cash advances or even using your cards at businesses that could indicate current or future money stress, such as a pawnshop or a divorce attorney, he says.

“You just don’t want to do anything that would indicate risk,” Jones says.

7. Don’t obsess

You should be laser-focused on your credit score when you know you’ll soon need credit. In the interim, pay your bills and use credit responsibly. Your score will reflect these smart spending behaviors.

Are you getting ready to make a big purchase, such as a home or car? At least a few months in advance, have a look at your credit score.

While the score that you get through your bank or a service may not be the exact same one your lender uses, it will grade you on many of the same criteria and give you a good indication of how well you’re managing your credit. It will provide you with specific ways to improve your credit score — in the form of several codes or factors that kept your score from being higher.

If you are denied credit (or don’t qualify for the lender’s best rate), the lender has to show you the credit score it used, thanks to the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Another smart move is to regularly check your credit reports.

You’re entitled to one of each of your three credit bureau reports (Equifax, Experian and TransUnion) for free every 12 months through AnnualCreditReport.com.

It’s smart to stagger them. Send for one every four months, and you can monitor your credit for free.





Credit Report, Credit Check – Free Credit Score, Experian, how do you get your credit score.#How #do #you #get #your #credit #score

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How Can You Get Your Credit Scores For Free #car #finance #with #bad #credit

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  • How Often Can You Check Your Credit Report – Score? #mazuma #credit #union

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    Other People Are Reading

    Getting Free Reports

    The Fair Credit Reporting Act says that each major credit bureau — Equifax, Experian and TransUnion — must give you a free credit report once every 12 months. The Nolo law website recommends that instead of requesting them all at once, you should request a free report from a different agency every four months. You are also eligible to receive a free report after a lender denies a credit application, offers you less favorable terms than you requested or reduces your credit limit, or if you lose your job and are seeking employment. Request a free annual report from Equifax, Experian and TransUnion online, by telephone or by mail through annualcreditreport.com. For all other requests, including a free report from a specialty bureau, contact the agency directly.

    When to Review Your Report

    There is no limit to how many times you can check your own credit report. Nolo recommends that you check your Equifax, Experian and TransUnion credit reports at least once a year. Nolo also recommends reviewing your report before purchasing or refinancing your home or a car. If you plan to rent a new apartment or apply for insurance, you should also check with specialty reporting agencies such as Lexus Nexis Personal Reports and the Medical Information Bureau. Because these agencies compile credit information specific to your rental history, insurance claims and medical payments, a potential landlord or private insurance company may base decisions on this information instead of, or in addition to, reports from the major credit bureaus.

    Getting Your Credit Score

    Credit bureaus will require payment if you ask to see your credit report more than once per year or outside of a special situation such as being denied a credit application. Since a free credit report does not include a credit score, you will also need to pay to see your credit score. As of January 2015, the FTC does not allow any agency to charge more than $11.50 to see your credit report. At the same time, there are no restrictions on paying for a credit score. As of January 2015, fees for a single credit report and score range from $15.95 to $19.95.

    How Inquiries Affect Your Credit Score

    Unlike a credit inquiry from a potential creditor, which can lower your credit score by one to five points, checking your own credit report will not affect your credit score. This is because credit bureaus classify a request from you as unrelated to a new financial commitment. In contrast, credit bureaus consider a request from a potential creditor as a sign that you may be taking on an additional financial obligation, which in turn may affect your ability to repay other debts.





    How To Get Free Credit Reports And Why You Need Them, Finance, Loans, Investing – Stocks #best #credit #card #offers

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    How To Get Free Credit Reports And Why You Need Them

    A A A Print

    What Is A Credit Report?

    A credit report is a formal statement recording your current credit activities. The information used to establish your credit report is gathered by a credit reporting agency, which collects information on credit cards, bank accounts and other forms of credit, then stores it to be sold in credit reports. They obtain this information from anyone who has previously granted you credit, like stores or banks that have issued you credit cards, loans or purchases. There are three main credit reporting agencies operating in the United States: Equifax, Trans Union and Experian, though many smaller agencies also offer reports. It is essential to check your credit score with all three major operators, as your score may vary between them.

    Your credit score is a ranking of your banking, loan and credit card activity, which determines how stable or poor your credit is. While your personal credit information is available to be purchased by persons other than yourself, it is only sold to one of the following parties:

    • A person or organization considering granting you credit
    • Government agencies
    • Potential employers
    • Potential insurers
    • Landlords and other individuals with a legitimate business who need this information

    Why You Need Good Credit

    Even if the majority of your purchases are made in cash, a good credit rating is essential to large purchases, employment and various other contractual agreements or transactions. Should you want to take out a bank loan, buy a car, rent property or even accept a new job, your credit score is taken into consideration. By purchasing a regular credit report, you are able to notice issues in your credit rating before entering one of these situations. Monitoring your score can also help prevent or end identity theft, should you notice a credit issue in your report that was not your fault. High credit scores often allow you to receive bigger loans, as they act as evidence of your financial reliability.

    How To Get A Free Credit Report

    While you are entitled to one free annual credit report from each of the three major credit reporting agencies, it may be a good idea to use a service that offers more frequent reviews of your rating. Checking your report and score more than once per year may allow you to catch errors before an employer or creditor sees your damaged score. Websites like freecreditreport.com and freecreditscore.com offer you the ability to check your credit more frequently, but often come with monthly membership fees.

    • Some websites offer trial memberships that may be cancelled, allowing you to receive the report free of charge.
    • When using online companies to check your credit report, make sure they consider all three credit reporting agencies.
    • Be sure to confirm that the service includes your credit score in their report, as some companies do not include it for free.
    • In addition to credit reports, some services like Identity Guard and Protect My I.D. offer credit monitoring, which regularly checks your credit report and score for unusual activities and errors. They may also offer identity theft coverage, ensuring funds up to a certain amount will be restored to you should your identity be stolen. This may be a good idea for anyone concerned about identity theft, however monitoring and identity protection services are not free.

    Good credit is a necessity for nearly every large purchase, from cars to homes, and is an invaluable tool in demonstrating your financial security and reliability to landlords and employers. Maintaining good credit is just the first step, however, and your report and score should be checked to verify no errors have been made. Reviewing your report and score more than once per year allows you to clear up identity theft or mistakes before they have the chance to harm you. Use available resources like free credit report websites to quickly verify the status of your credit, and ensure you are receiving an accurate representation of your credit history.

    Last Updated: August 2, 2011





    What a Credit Score Calculator Won – t Tell You #credit #card #for #no #credit #history

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    What a Credit Score Calculator Won t Tell You

    If you don t know your credit score. you have a few options for figuring it out: You can purchase one, get an account with a company that provides them for free or use a credit score calculator.

    All these options can help you get an idea of your credit standing and allow you to set goals to improve it, if necessary. It s up to you how you go about getting your score.

    But keep this in mind: As helpful as a credit score calculator is. it s a limited tool. It s only as good as your knowledge of your credit history.

    How Score Calculators Work

    Credit scoring models generally focus on a few aspects of your credit history, with payment history and debt levels among the most important. As a result, score calculators ask you about those things. When using a score calculator, you ll probably have to enter the number of credit cards and loans you have, how often you ve paid those bills late and whether or not you have seriously negative credit events in your past (like bankruptcy, liens and judgments).

    Get Your Free Credit Score & Monitoring

    Plus Weekly Updates From Our 50+ Experts

    Once you ve answered the questions, the calculator spits out a score or range you ll likely fall in, based on the information you entered in the calculator.

    People like calculators because they often don t require setting up an account or entering a Social Security number, which you need to do to get an exact credit score.

    But here s the thing with calculators: If you enter something incorrectly, your answer will also be incorrect. Even if you use the calculator to the best of your knowledge, you could be missing something. People often don t know about a negative part of their credit history until they get rejected for a credit application, look at their credit reports or see it reflected in their credit scores (all of those things require a Social Security number, by the way).

    Credit Score Options

    A credit score calculator also isn t going to alert you to possible fraud (obviously, if you don t know about a fraudulent account opened in your name, you re not going to account for it when using the calculator). If you check your credit score regularly, which you can do for free with Credit.com. you ll notice a sudden score drop, which may indicate identity theft.

    Because the numbers produced by credit score calculators aren t based on hard data, you may not know what to do if you want to improve your score. Scores you get with a Credit.com account come with an explanation of areas for improvement.

    This isn t to say credit score calculators aren t great tools they re certainly better than being clueless about your score but if you want to make a plan for boosting your credit standing. it s best to go with firm numbers. Keep in mind there are hundreds of scoring models, so you ll want to make sure you re focusing on the behaviors that determine the numbers. rather than the digits themselves.

    More on Credit Scores:

    Image: GYRO PHOTOGRAPHY

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    Christine DiGangi covers personal finance for Credit.com. Previously, she managed communications for the Society of Professional Journalists, served as a copy editor of The New York Times News Service and worked as a reporter for the Oregonian and the News Record. More by Christine DiGangi

    Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser’s responsibility to ensure all posts and/or questions are answered.

    Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.





    When Should You Check Your Child – s Credit Reports? #credit #reference #agency

    #check credit for free
    #

    When Should You Check Your Child s Credit Reports?

    Parents have plenty of reasons to worry about how their kids will handle money and credit. How can you get them to save? Will they get a good job when they are on their own? Will they pay their bills on time? How much debt will they rack up if they go to college?

    Now add one more thing to the list: child identity theft.

    One in 40 households with children under age 18 had at least one child whose personal information was compromised by identity fraud, according to the 2012 Child Identity Fraud Survey, conducted by Javelin Strategy Research and sponsored by ITAC.

    Some of those victims discover that credit accounts have been opened in their names, even though they were young children at the time. While it’s never easy to learn your child’s identity has been compromised, the sooner you discover the problem, the better. Once you know, you’ll hopefully be able to stop the perpetrator from continuing to misuse your child s  information.

    Children should not have credit reports. Therefore, a credit report in the name of a child who has never applied for or been granted credit is likely a sign that something is amiss. Parents who suspect a problem may want to contact the credit reporting agencies to find out if a report exists on their child.

    Get Your Free Credit Score & Monitoring

    Plus Weekly Updates From Our 50+ Experts

    When to Check Credit

    The Federal Trade Commission recommends checking to find out whether your child has a credit report around his or her 16 th birthday. “If there is one — and it has errors due to fraud or misuse — you will have time to correct it before the child applies for a job. a loan for tuition or a car, or needs to rent an apartment,” advises the FTC’s website.

    “I would say that parents should check every six to 12 months, but especially during the years before they turn 18,” says Victor Searcy, director of fraud operations for Identity Theft 911, an identity theft resolution service. “That way if something does exist, they have time to resolve (it) before the child needs to use their credit. This is for situations where there is no reason for them to be concerned. If they have reason to believe their child’s information is compromised, I would do it more frequently.”

    What are some reasons to be concerned?

    • Debt collectors contact the child attempting to collect a debt.
    • A child who starts driving is denied a license because one has already been issued in his or her name.
    • A parent tries to open a bank account for their child, but is told they can’t due to a negative history with bureaus that report checking and savings account information.
    • Numerous pre-approved credit offers arrive in the child’s name. (Don’t sweat occasional offers; that probably just means they are on a mailing list.)
    • Bills for utilities or credit cards arrive with the child’s name on them.

    Keep in mind that some young people may have credit histories before they reach the age of 18. “Children may have a credit report because they are listed as authorized users or joint account holders on an adult’s account,” says Searcy. But if the minor child or their parent obtains a copy of their credit report and discovers accounts that they don’t recognize, it’s a big red flag. Unfortunately, this crime is sometimes committed by family members, complicating things even further for the victim.

    How to Get a Child’s Credit Report

    If you need to request one of these reports for a child under 13, you can contact each of the credit reporting agencies below. If you request a report in writing you will likely need to provide the following information about the child:

    • Legal name
    • Address
    • Birth date
    • A copy of the child s birth certificate
    • A copy of the child s Social Security card

    You’ll also need to provide your identification as parent or legal guardian:

    • A copy of your driver s license or other government-issued identity card with your current address
    • A copy of a current utility bill with the same address

    If necessary, you may also have to provide proof of legal custody of the child. The credit reporting agency will notify you if this is required.

    Send your written request to all three credit reporting agencies, or use the online forms listed below:

    P.O. Box 105139

    Atlanta, GA 30348-5139

    Experian

    P.O. Box 9554

    Allen, TX 75013

    TransUnion

    P.O. Box 1000

    Chester, PA 19022

    Online information available here .

    Once your child has begun to establish credit, encourage them to check their credit reports once a year for free. and to monitor their credit scores, which they can do for free at Credit.com .





    Credit Card Debt Consolidation: Five Things You Didn – t Know #free #business #credit #report

    #credit card consolidation
    #

    Credit Card Debt Consolidation: Five Things You Didn t Know

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    How to choose the best option for consolidating your credit card debt.

    Do you carry balances on multiple credit cards? If so, you might have considered credit card debt consolidation. Holding several cards means paying several monthly bills – each with a separate, and often high. interest rate. To lessen the burden, and pay off debt faster, many consumers consolidate all balances onto a single card.

    However, before making the decision to consolidate it’s important to consider these five points:

    1.  Not all scenarios are created equal

    To determine if credit card consolidation is right for you, it’s important to answer a few simple questions:

    • How much debt do you have? Gather all credit card statements, and add up how much debt you owe to your creditors.
    • How much can you realistically put toward paying the credit card monthly? The goal is to pay off debt quickly, so tally up how much you can afford to allocate monthly.
    • How long is the introductory low-APR window? A longer APR duration gives you more time to pay off debt before the rate reverts to the standard, and usually much higher, APR.

    With these three factors in mind, figure out how much you can save on interest during the 0% APR window compared to your existing rates. Then, calculate how much you’ll pay in interest at the standard purchase rate on a new card over the time you think it will take to pay off the remainder of the balance. Compare these numbers to what you would pay in interest at your current rate(s).

    2. Balance transfers can impact your credit

    Consolidating credit cards and leveraging low balance transfer offers has the potential to increase your credit score. But to accomplish this, it’s important to follow a few pointers. For example, for the general population, 30 percent of the FICO ® Credit Score is determined by “credit utilization,” which is the amount of credit actually being used¹.

    For optimal credit, keep credit card balances at 30 percent or less of your total available credit. For example, let’s say you have a credit limit of $10,000. Credit card balances should be $3,000 or less. This means that the cards you’re consolidating will have much lower credit utilization ratios, but your overall ratio will remain the same. However, the lower interest rate you’re paying during the introductory period means you can pay more toward your balance each month, helping lower your overall credit utilization more quickly.

    In addition, you may want to avoid closing old accounts after consolidation. Account age typically contributes to 15 percent of a credit score, therefore closing old accounts decreases the overall age of your credit history.² Just be sure to hide those old cards away somewhere secure to avoid racking up further debt.

    3. Check to see if a 0% APR applies only to balance transfers

    An introductory APR of 0% might only apply to balance transfers. As a result, new purchases could be charged the standard APR – which can be very high. Your cardholder agreement will state the APR for purchases and whether any intro rate applies.

    Creating a budget, and sticking to it, will help with getting the most from credit card consolidation and paying off balances faster.

    4. 0% APR doesn’t mean FREE

    While a 0% intro APR is a great way to pay off credit card debt faster, and save on interest payments, it’s not free like most consumers think. Balance transfer fees are typically charged, which range from 2 to 5 percent of each balance transferred.

    In most cases, despite the upfront costs, you’ll still enjoy substantial savings in the long-term. However, it’s something to consider when deciding if credit card consolidation is right for you.

    5. Not all credit counselors have your best interests in mind

    If you’re considering getting outside help tackling your debt, be sure to thoroughly evaluate credit counselors before choosing one. “Non-profit” doesn’t guarantee that services are free or legitimate. In fact, some non-profit credit counseling organizations charge very high fees. Signs of a reputable organization include:

    • The willingness to send free information about their services, without requiring you to share any specific details about your situation
    • Licensed to offer services in your state
    • Offer a range of services, from budget counseling to savings and debt management classes
    • Accredited and certified counselors

    Research credit counseling agencies with your state attorney general and local consumer protection agency. These agencies will help you uncover if the company has any complaints against them.

    Discover card believes that consumers deserve the best resources and tools when making credit decisions. Our goal is to help consumers use credit wisely and meet their financial goals.

    Legal Disclaimer: The articles and information provided herein are for informational purposes only and are not intended as a substitute for professional advice.

    Your FICO ® Credit Score is based on data from TransUnion and may be different from other credit scores. This information is intended for and provided to the Primary cardmembers only that have an available score and is provided on the statement for individual accounts and on Discover.com for individual and joint accounts. See Discover.com/FICO about the availability of your score.  Discover and other lenders may use different inputs like a FICO ® Credit Score, other credit scores and more information in credit decisions. This benefit may change or end in the future. FICO is a registered trademark of the Fair Isaac Corporation in the United States and other countries.

    Discover Financial Services and Fair Isaac are not credit repair organizations as defined under federal or state law, including the Credit Repair Organizations Act. Discover Financial Services and Fair Isaac do not provide “credit repair” services or assistance regarding “rebuilding” or “improving” your credit record, credit history or credit rating.









    Isn t free; you want #apply #for #a #credit #card #with #no #credit

    #free credit report free
    #

    FreeCreditReport.com isn’t free; you want AnnualCreditReport.com

    The Credit CARD Act of 2009, which has eliminated a number of unfair credit card practices, also requires the Federal Trade Commission to issue new rules to prevent deceptive marketing of the free reports generated by each of the three national credit bureaus — Equifax, Experian and TransUnion. Those free reports are available through AnnualCreditReport.com. the site authorized by the government.

    But since the Fair and Accurate Credit Transactions Act was signed into law in 2003, there has been a lot of confusion among consumers about which Web site provides the official reports. The ubiquitous commercials for an unrelated site, FreeCreditReport.com. featuring the curly-haired, guitar-playing guy haven’t helped.

    Heck, even until April 1, people still have to go through a gantlet of advertising before being allowed to click their way to their reports on AnnualCreditReport.com.

    When you first get to the official site, you must read carefully, lest you be diverted to the Web sites for the bureaus. On the site, there is bold red lettering that says: Start here to view and print your credit report now. You then have to select the state you live in to begin the free-credit-report process.

    But some people assume they should click on the credit-bureau links below that wording. Once on the sites for TransUnion, Experian or Equifax, viewers are hit with marketing pitches for various products or services, including monitoring of credit reports or the ability to buy credit-score access. Credit scores differ from credit reports, which contain consumers’ credit history. The scores are used to determine how creditworthy people are. There is no requirement for the bureaus to provide free credit scores.

    Even setting aside the possible detours on the centralized free site, there’s another opportunity to get misdirected. After you’ve entered personal information on AnnualCreditReport.com, you’ll still encounter sales pitches from the credit bureaus. The law doesn’t prohibit the credit-reporting agencies from advertising their proprietary products and services through the centralized source. People have to decline the offers one by one before being allowed to get their free reports.

    But next month, the advertising has to be moved to the end of the process. This is better — but not ideal.

    I understand why the credit bureaus want to advertise. They have stuff they want to sell. However, the centralized site should be an advertising-free zone. This would eliminate any chance that somebody might still think they have to pay to get a look at their credit files.

    In the Federal Register notice about the rule changes, the Federal Trade Commission said that a ban would be more restrictive than necessary but that it would monitor the required disclosures. If the commission finds that the delayed advertising still results in significant consumer confusion, the FTC says, it will revisit the issue.

    At least after the new rule becomes effective, the hyperlinks on the home page for AnnualCreditReport.com will be taken down. This will go a long way to keep people on the right site.

    On another front, in an effort to help keep people from ending up on fake sites or falling for certain promotions, the FTC will require prominent disclosures on Web sites pitching free credit reports. Many companies claim to offer a free credit report, but to get it you have to buy a product or service.





    How to improve your credit score – I Will Teach You To Be Rich #find #your #credit #score #for #free

    #getting your credit score
    #

    How to improve your credit score

    87 Comments- Get free updates of new posts here

    Here’s something that you’ll almost never see on a financial TV show:

    Consider 2 people

    • One has great credit
    • The other has poor credit

    In their 30s, they decide to buy houses of similar prices.

    How much do you think they pay?

    Simply by virtue of having different credit scores. the person with poor credit will pay over $68,000 more than the person with excellent credit.

    Over $68,000. How many lattes is that worth?

    THAT is the power of having a great credit score. Yet most “experts” will either (1) continue yammering on about lattes and clipping coupons, or (2) give worthless, high-level advice like “Improve your credit!” (Okay how? Jackass.)

    They do this because lattes and coupons are obvious and top-of-mind. In psychology, this is called the availability heuristic .

    But just because something is obvious and top-of-mind doesn’t mean it’s important, which is why I love mocking dumb financial experts whose advice doesn’t work.

    My goal with IWT is to show you what’s beneath the surface what’s important, but not obvious to get you BIG WINS.

    So today, I’ll show you a step-by-step process to improve your credit score, which is one of the top 10 Big Wins you can get in your life.

    The tactics: How to improve your credit score

    You don’t need to become a credit weirdo like me and read 50 books on credit optimization to raise your credit score. You can actually ignore most advice and simply do a few, key things to dramatically improve your score.

    In fact, there are 3 major steps that will have the biggest impact in improving your credit score. Check it: Here’s what your credit score is composed of:

    I’m not going to give you 50,000 tips on how to improve your credit score. Instead, I’ll show you 3 tips to raise your credit score that work:

    1. Automate your credit card payments

    35% of your score (the biggest portion) reflects your payment history, so even missing 1 payment can cause your credit score to drop 100 points, jack your APR up 30%, add $200+/month to your monthly mortgage payment (insane, I know), and more.

    Set up automatic payment using my IWT system. I even recorded a video showing you the exact accounts that should pay each other, using my amazing artistic skills.

    Notes on automating your payments:

    • Since 35% of your credit score is based on your payment history, setting up automatic payments is your Big Win here.
    • Instead of doing what most people do (wait until the end of the month, then try to remember to pay and when they forget, they get slapped with huge penalties), set up automation so you never have to worry about this again.
    • You should ideally be paying off your entire credit card balance each month, but if you can’t, you can still improve your score by paying at least the minimums, on time, every month.

    Here’s the video on automating your accounts:

    2. Pay off your goddamn debt

    If you have credit card debt, read on

    Too many idiots decide that since they have debt, they should game the system and play the 0% balance transfer game, switching balances from card to card to save a few percentage points on debt interest. Yeah. Let’s stick it to the man!

    What I’ve found is that they spend more time transferring balances from card to card instead of actually paying their debt off. Honestly, get a life. The credit card companies are smarter than you, so if you try to game them, it’s only a matter of time before they destroy you.

    Instead, here’s what I want you to do:

    • Go to http://www.whatsthecost.com/snowball.aspx (my favorite debt calculator) and plug in your numbers
    • You will see EXACTLY how long until you pay off your debt. Stick to the plan via automation (see step 1 of this email)
    • Decide, optionally, to use the negotiation material from Chapter 1 of my book. It doesn’t always work, but when it does, you may get results like this

    mcherepovitsyn

    The results someone got 2 days ago using my book to negotiate their APR down.

    3. Keep your old accounts open and set up a $5 monthly charge on them

    So many times, when people get motivated to “do something” about their credit cards, the first thing they do is close all the cards they haven’t used in a long time. Sounds logical! Let’s clean out the old cobwebs in our wallet!

    In general, however, this is a bad idea: 15% of your credit score reflects the length of your credit history, so if you wipe out old cards, you’re erasing that history.

    Plus, you’re also lowering your “credit utilization rate,” which basically means (how much you owe) / (total credit available).

    Bottom line? Even if you don’t use a card, consider putting a small charge say, $5/month and automating it each month. In this way, you ensure your card is active and maintains your credit history.

    Notes on keeping your accounts open:

    • For nerdy people (aka half my readers), here’s the math of your credit utilization score plus a little-known caveat: “If you close an account but pay off enough debt to keep your credit utilization score the same,” says Craig Watts of FICO, “your score won’t be affected.” (Most people don’t know this.) For example, if you carry $1,000 debt on two credit cards with $2,500 credit limits each, your credit utilization rate is 20% ($1,000 debt / $5,000 total credit available). If you close one of the cards, suddenly your credit utilization rate jumps to 40% ($1,000 / $2,500). But if you paid off $500 in debt, your utilization rate would be 20% ($500 / $2,500) and your score would not change.
    • If you’re applying for a major loan— for a car, home, or education—don’t close any accounts within six months of filing the loan application. You want as much credit as possible when you apply. (However, if you know that an open account will entice you to spend, and you want to close your credit card to prevent that, you should do it. You may take a slight hit on your credit score, but over time, it will recover—and that’s better than overspending.)

    Bonus! Raising your credit score if you DON’T have CC debt

    I’m serious about this warning: This tip is only for people who have no credit card debt and pay their bills in full each month. It’s not for anyone else.

    It involves getting more credit to improve your credit utilization rate, which is simply how much you owe divided by your available credit. As I mentioned, this basically makes up 30 percent of your credit score. For example, if you owe $4,000 and have $4,000 in total available credit, your ratio is 100% (4,000 / 4,000 x 100), which is bad. If, however, you owe only $1,000 but have $4,000 in available credit, your credit utilization rate is a much better 25% ($1,000 / $4,000 x 100). Lower is preferred because lenders don’t want you regularly spending all the money you have available through credit—it’s too likely that you’ll default and not pay them anything.

    To improve your credit utilization rate, you have two choices: Stop carrying so much debt on your credit cards (even if you pay it off each month) or increase your total available credit. Because we’ve already established that if you’re doing this, you’re debt-free, all that remains for you to do is to increase your available credit.

    Here’s how: Call up your card company and ask for a credit increase.

    You: “Hi, I’d like to request a credit increase. I currently have five thousand dollars available and I’d like ten thousand.”

    Credit card rep: “Why are you requesting a credit increase?”

    You: “I’ve been paying my bill in full for the last eighteen months and I have some upcoming purchases. I’d like a credit limit of ten thousand dollars. Can you approve my request?”

    Credit card rep: “Sure. I’ve put in a request for this increase. It should be activated in about seven days.”

    I request a credit-limit increase every six to twelve months, like clockwork. Some people find romance in sending flowers to their significant others. I find it in talking to Delores, my friendly credit card rep, every 6 months.

    Remember, 30 percent of your credit score is represented by your credit utilization rate. To improve it, the first thing you should do is pay off your debt. If you’ve already paid off your debt, only then should you try to increase your available credit.

    3 things to remember when improving your credit score

    1. Improving your credit score is one of the top 10 financial Big Wins you can have. While others are scrounging around and worrying about ordering a medium Diet Coke, you can focus on something that will pay off with tens of thousands of dollars when you make the large purchases that we’ll all make in our lives.
    2. Dumb people like to do everything (e.g. balance transfers) EXCEPT doing what really matters: Automating, Paying That Goddamn Debt Off, and Keeping Old Accounts Open. Stay focused on these 3 steps and your score will improve over time.
    3. Improving your credit scores are a marathon, not a sprint. Give it a few months before checking. To check your credit score right now, check out myfico.com .

    Hope this helps. If you want to get the entire system I use to automatically manage my money, you can pick up a copy of my book. You can also learn more about my favorite credit card .









    Is Credit Monitoring Right For You? US News #compare #credit #card

    #credit monitoring services
    #

    Is Credit Monitoring Right For You?

    There are pros and cons of paying for the service.

    Most consumers today are very much aware of the importance of maintaining a good credit history. The information reported on your credit report may determine whether or not you are approved for credit and if so, if the terms will be affordable.

    What happens when the information appearing on your credit report is inaccurate? While there are several ways to dispute records that are incorrect, you must first be able to spot these errors and act on them. In the case of identity theft or fraud, it may be months before you notice inaccurate information and by that time, the damage will likely be done. This is where credit monitoring services come into play.

    What Are Credit Monitoring Services?

    In today’s busy world, many consumers are willing to pay an outside company to provide services which the consumer may not have the time or ability to perform. Credit monitoring services are available for a fee, and provide for consumers an ever watchful eye on their credit history to spot suspicious activity.

    Once the fee for this service is paid, the credit monitoring company takes over and begins constantly reviewing your credit activity and history. They are on the lookout for fraudulent activity and instances which may indicate identity theft or other changes in your credit activity that seem out-of-place.

    How Does Credit Monitoring Work?

    Each credit monitoring service is different, however the concept remains the same across the industry. Most credit monitoring systems will review information reported to all three existing credit bureaus and notify you when they spot inconsistencies in your credit activity. Since suspicious activity may represent fraud or identity theft. the credit monitoring service notifies you within 24 hours (or sooner) to limit the amount of damage that may occur when your personal information falls into the wrong hands.

    [Visit the U.S. News My Money blog for the best money advice from around the web.]

    Is Credit Monitoring Worth the Cost?

    There are two schools of thought regarding the cost effectiveness of credit monitoring services. Many consider the cost to be too expensive for a service that most people could perform themselves. Credit card companies have entire departments set up to spot and reduce fraud and there are other safeguards that can be put in place to reduce your risk of identity theft.

    Consumers can choose to take a more active role in reviewing their credit report and other activity reported in monthly statements. On the other hand, if a credit monitoring service detects activity which would otherwise have gone undetected, the service has paid for itself by saving the consumer hundreds if not thousands of dollars that may be lost in the case of identity theft. It is important to remember that identity theft is not just harmful to your finances but many other aspects of life. It can take years for a victim of identity theft to recover both financially and emotionally.

    It is up to each individual to determine how much they are willing to pay for peace of mind. If you are unable or unwilling to put forth the effort to actively monitor your own credit activity, these services can be quite cost effective. Conversely, those who are willing to do the legwork required to remain vigilant against fraud and identity theft can save themselves hundreds of dollars in fees for a service they can provide to themselves.

    Pinyo is the owner of Moolanomy Personal Finance Blog. which covers a wide range of personal finance and investing topics, with features that include reviews, comparison guides, and Q & Amp;A sections.









    Why you shouldn t lie on a credit application #first #time #credit #card

    #credit card application form
    #

    Why you shouldn’t lie on a credit application

    Email story

    As banks have tightened their lending criteria, it has become more difficult to get credit. As a result, some people have been tempted to bend the truth or even lie in the hope that lenders will favour their application for credit. But lying is pointless and could damage any future applications for cards or loans, not to mention make you liable for fraud charges.

    According to a poll by www.vouchercodespro.co.uk. a quarter of people who apply for a loan or credit card are prepared to lie on their application form. The most common fib is salary inflation (31%), but those questioned also admitted to concealing existing debts (27%), pretending to have a job 16%), being married (11%) and lying about their age (9%).

    Not telling the truth on your application form is pointless and misguided, says Yvonne Goodwin, independent financial adviser and head of Yvonne Goodwin Wealth Management.

    It will always come back to haunt you. People are sometimes unaware of how much information lenders share and there really is no point in trying to hide something. It is actually better to be honest and upfront when you are making your application.

    What’s more, banks, building societies, credit card and loan companies have increasingly sophisticated databases, and can connect data about you from a number of different sources to build up a profile of your financial life.

    If you get caught, even if you don’t end up prosecuted for fraud, you might still find it impossible to secure any kind of credit in the future.

    Here’s why you should avoid these common credit application lies:

    It can be tempting to inflate your salary to flatter your bottom line. However, Goodwin says, if you aren’t earning as much as you pretend you are, then it is likely that you won’t be able to afford the repayments and you will end up lurching from one financial crisis to another.

  • Existing or outstanding debts
    If you have ever ordered a copy of your personal credit report, you will find your outstanding debts are clearly listed on it Your credit reference, which lenders can access if you make an application for credit, will show all the other [credit] cards and loans you already have, and your payment history, says Goodwin. So it is pointless lying about it. James Jones, head of consumer affairs at Experian, concurs. Lenders can view your credit history when they are assessing your suitability, he says. They can see all the cards and loans you have had for the past six years, your bank account details, any outstanding overdrafts, and whether you have missed payments.
  • Employment status
    A common mistake is to tell yourself that you are between jobs and will soon get another one, so you don’t need to reveal that you are unemployed. However, this approach can easily backfire. If you have no income coming in, how are you going to repay? says Goodwin. Don’t fool yourself that you will sort it all out when you find another job. If you are in a desperate situation where you need credit because you are not earning, then it is time to take a hard look at your income and expenditure and rebalance your budget.
  • Marital status
    People may be tempted to lie about this in an attempt to get a better deal or a more favourable rate, but lenders may see this as fraudulent.Although it won’t show up on your credit report, it is still unwise to lie, as your lender, particularly a mortgage lender, could ask to see your marriage certificate as evidence.
  • Age

    You need to be 18 or older to apply for a loan or credit card, and some companies will not lend to you if you are older than 65 or 70. However, your date of birth is on your credit report for all lenders to access.Your credit report does not contain information about your actual salary, employment status, marital status, rent, mortgage or council tax payments, says Jones. Increasingly, he says, there is information from mobile phone companies, landline, broadband and television providers, gas and electricity companies and water companies.

  • Lenders are now using data sharing and fraud prevention websites like Cifas. which provides a database of confirmed fraud data, as well as an extensive range of fraud prevention services.

    Jones says such organisations can spot anomalies in applications and share information about known or suspected fraudsters. They also are developing systems to spot mass-market fraud and identify theft by gangs using fraud-sharing networks like the National HUNTER system (an anti-fraud data sharing system for use by members of the financial services industry).

    For example, a gang might submit multiple applications from different addresses around the country but provide the same home phone number for each one, which a fraud detection system would flag up, Jones says.

    Recent stories – All credit card news:

    Is overpaying your card bill a good idea?

    Financial curriculum promising, but flawed





    What s a Good Credit Score? Should You Care and How to Check It #mastercard

    #where can i get a free credit score
    #

    What s a Good Credit Score? Should you Care?

    Usually our conversations here are limited to getting away from credit but I want to talk about something you cannot ignore which is your credit score or its official name the FICO score more important we ll answer the question: What s a Good Credit Score? FICO is a reference to the company that manages the reporting which is the Fair Isaac Corporation. Now it s easy to think that since I don t want to take on any form of debt it s safe to ignore my credit score but it s not that simple. More and more employers, landlords and insurance companies check your FICO score as part of their review process which could keep you from landing a job, renting an apartment or getting a good rate on your various forms of insurance.

    What s the FICO Credit Score Range?

    They start from a low of 300 to a top score of 850. More than likely your credit range will fall in the 600 to 700 range assuming you don t have any form of catastrophic credit event.

    What s the FICO Score and How is it Calculated?

    The FICO score is simply a number representing your life as it relates to debt and debt instruments. It s a private algorithm that is closely guarded but there is general information available as to how it s calculated. Like it or not it s the indicator of your creditworthiness. The credit score is calculated using five key categories. See our pie chart for the breakdown.

    What the Numbers Mean

    35% of your Credit Score is devoted to Payment History. This would include missed payments, collections, bankruptcies and the like. The older the information the less of an impact on your overall score.

    30% of your Credit Score is based on Utilization. This is the amount of credit you have in used as compared to your available credit. The recommendations point to less than 10% of your available credit be utilized.

    15% of your Credit Score is impacted by your Credit History. Effectively how long you ve had accounts open and obviously takes some time to build.

    10% of your Credit Score is based on Inquiries. If you apply for various forms of credit and then don t get that credit it will impact you negatively. Checking your own credit does not impact this number.

    10% of your Credit Score is determined by Types of Credit. This would be different forms of credit such as mortgages, auto loans, revolving credit and installments.

    Is something Missing? You ll note that there is no consideration for your actual income in this model. Interesting to say the least.

    What s a Good Credit Score?

    The short non-scientific answer is 760 or above. That s going to get you the best interest rates possible on a mortgage or many other forms of credit. Obviously that number can be somewhat dynamic and depends on what the lender s guidelines dictate. A report from myFICO shows the impact your credit score can have on your potential mortgage rate.





    What You Should Know About Free Credit Scores #credit #report #gov

    #what is my credit score free
    #

    There’s No Reason To Pay For Your Credit Score Anymore

    Flickr/Courtney Carmody

    Forget for a minute all the complicated math that goes into computing your credit scores. People are sometimes lucky if they even know where to find them.

    For some reason, the geniuses of credit reporting decided it’d be a good idea to offer the physical report for free once a year and dangle the actual score itself in front of us like a juicy carrot.

    If you want to find out your actual credit score  you usually have to pay and endure a barrage of ads for all sorts of different credit monitoring products in the meantime.

    Luckily, there are a handful of places you can go for a free score.  Some of our favorites are Credit Sesame. Credit.com and Credit Karma. which all offer free credit scores to people who sign up for their services. You can also get an estimate of your credit score range from Bankrate.com.  On all these sites, your score can be updated on a monthly basis.

    So which site should you use?

    The biggest difference between the scores offered by these sites is which credit reporting agency data they are based on. Credit Sesame offers up the Experian National  Risk Score. which is based on data collected by Experian only. Credit.com offers a free estimate of your score based on Experian data, which it uses to assign you a letter grade (A-F).  CreditKarma offers two scores – your VantageScore credit score and your TransRisk credit score  –  which are both based on TransUnion data.

    What that means for you : Not much.

    ” Your scores should be similar regardless of where you get them as long  as your credit data is similar. And, those scores are going to be  directionally similar to your FICO score,” s ays John Ulzheimer, credit expert for Creditsesame.com. ” So, if you have great credit  you’ll have a great score regardless of what model is being used.  If  you have poor credit you’ll have a poor score regardless of what model  is being used.”

    Our advice: Check your scores on all three sites (Why not? They’re free.). If your Credit.com score is way off from your CreditKarma score, it could be a clue that there’s an error on either your Experian or TransUnion credit reports and vice versa.  Just  don’t get too caught up in the number itself. Since there are so many kinds of scores out there and lenders pick and choose which ones to judge you by, it’s nearly impossible to keep track of them all. Instead, focus on which risk category you find yourself in (example: low risk, high risk, excellent, etc.) to get an idea of how healthy your credit is.

    SEE ALSO: Here’s the fool-proof way to get errors off your credit report





    What is a Tax Credit vs Tax Deduction – Do You Know the Difference? #credit #score #calculator

    #tax credit
    #

    What is a Tax Credit vs Tax Deduction Do You Know the Difference?

    By Kevin Mercadante

    It s a good thing most of us only have to file taxes once a year. With all of the confusing terms, complex language, and mind-numbing math, it s as if the people who write the tax code just wanted to bore us and trick us into a mistake or two.

    Even the helpful parts like when you d get money back are tough to deal with. You can easily mix up two key terms: tax deductions and tax credits. Both serve the same purpose, which is to reduce your tax burden based on certain categories of income or expenses, but they work in different ways.

    Below is a description of each, and an outline of how deductions and credits are different.

    Tax Deductions

    In its simplest form, an income tax deduction is a reduction in taxable income. Tax deductions are probably familiar to you because they cut your taxes in broad categories like:

    • Medical expenses
    • State and local income taxes
    • Property taxes
    • Mortgage interest
    • Charitable contributions

    Most people love tax deductions because they usually involve expenses you have to take on anyway, like your mortgage and property taxes. The tax benefit seems like a great way to recover money you had to spend, but in the end, not everyone gets to take advantage of these deductions. You have to itemize your return and not everyone can do that.

    The standard tax deduction what the IRS gives you even if you don t itemize is $5,700 if you re filing as single and $11,400 for a married couple filing jointly. Unless your deductions exceed that amount, you won t be able to itemize. Usually, people who don t have a mortgage can t itemize, and thus can t take advantage of all of the available deductions. That s where tax credits come in.

    Tax Credits

    While tax deductions work by lowering taxable income, tax credits are a direct reduction of the tax due. After you figure out your taxable income and subtract your deductions, you calculate your tax due. You still have a chance to reduce that amount, often significantly, by taking advantage of any allowable tax credits.

    The major tax credits usually get plenty of press, and a little controversy too, so you ve probably heard of some of the big ones, like:

    • Earned income credit (EIC)
    • Make Work Pay credit
    • Lifetime learning credit
    • Saver s tax credit
    • Green energy tax credits

    The list goes on, and your tax adviser can help you sift through to find which ones are relevant to you. Despite the wealth of options, tax credits are relatively simple, and the good news is that you can take them whether you itemize or not. But they re still part of the tax code, so there are confusing rules and exceptions to all of them. The main distinction for tax credits is whether they are refundable or non-refundable.

    Refundable Tax Credits

    Refundable tax credits are the ones that are easiest to embrace, because they have fewer restrictions and limitations. You can benefit from a refundable tax credit even if you have no tax liability and no withholding. There are several credits in this category, including the earned income credit (EIC) and the adoption expense credit. The EIC, which is available to low income filers, can provide you with a refund of several thousand dollars.

    Another common refundable credit that you may able to take is the Making Work Pay tax credit. This credit can save you as much as $400, or $800 if you re married filing jointly and both you and your spouse have earned income.

    For example, assume the following:

    • Your filing status is single
    • You earned $15,000 from your job in 2010
    • Your tax liability, before figuring allowable credits, is $300
    • Your tax owed, therefore, is $300

    Before you figure out credits, you re looking at $300 you ll owe to the IRS in April. But, when you figure in $400 from the Making Work Pay credit, now they owe you $100! A refundable tax credit is almost like finding money.

    Non-Refundable Tax Credits Exceptions

    Non-refundable tax credits can also make a big difference. In fact, they can reduce your tax liability all the way down to nothing. But they have a major limitation: The amount of your credits can t exceed the amount of tax you owe. In short, you re not going to be able to use them to get a refund.

    If you think about that example of the Making Work Pay credit above, if the situation were exactly the same except that the credit were non- refundable, you d only be able to get the $300 to bring your tax liability to $0. You wouldn t owe anything, but you wouldn t get a $100 refund like you did in the above example.

    Some familiar non-refundable tax credits are:

    Exceptions Can Help

    While exceptions often mean bad news, in the case of the child credit, the exception can actually boost your refund. Though the child credit $1,000 per dependent child under the age of 17 is non-refundable, you can usually shift the non-refundable portion of the credit over to the additional child credit, which is refundable.

    In this example, imagine:

    • Your filing status is married filing jointly, with two dependent children under age 17
    • You earned $40,000 in 2010, all from your jobs
    • Your tax liability, before figuring allowable credits, is $1,500
    • Your two children allow for a child credit of $2,000 ($1,000 each)
    • But the child credit is limited to your tax liability because it s non-refundable, in this case $1,500
    • Normally, you d have to forfeit the remaining $500 and would not receive a $500 refund

    But the exception to the rule allows you to slide the forfeited $500 over to the additional child credit, which means you just have to do some math to get yourself a big refund. The additional child credit lets you claim the lesser of two amounts: the amount you might have to forfeit (in this case $500) or 15% of your earned income in excess of $3,000.

    That s where the tax code gets complicated again, so take a look at the calculation: 15% of your earned income in excess of $3,000 is $5,550 ($40,000 $3,000 = $37,000; $37,000 * 15% = $5,550). Since $500 is the lesser of the two amounts, that s the one you re allowed to take. Thus, instead of forfeiting the credit, you now have an extra $500 refund.

    Note: The examples above are general, and may not apply in your specific situation. Always check with your tax adviser or IRS guidelines to be sure that you qualify for any deduction or credit, as there are usually income parameters or other limits that may reduce or even eliminate your eligibility.

    Final Word

    Despite the limitations of some types of deductions and credits, you re not facing an either/or situation. You can take advantage of all types, and that s good news. Of course, as you can see from the calculations, finding your way to tax relief can be complicated. Good online tax preparation software can make the job much smoother, especially when disallowances and carry-forwards kick in.

    Even if you use tax software, however, you need to know what the deductions and credits are, when they apply, and when you may not be able to take them. What tax deductions and tax credits have been the most beneficial, or the most troublesome, for you?





    Top 10 Best Credit Cards For You In 2014 #instant #credit #card

    #top 10 credit cards
    #

    Top 10 Best Credit Cards For You In 2014

    In this century, when technology is at its peak, no one has time to wait in long queues to extract money from account through cheque system. Gone are the days when you have to wait for the bank to open to take out money. Credit cards facilitate to extract money whenever needed whether it is 2 in the morning. With so many credit card companies now available with plenty of deals to offer it gets difficult to decide which one to choose and which one is suitable for oneself. You can’t buy the credit card which offers the most bonuses instead you have to buy the one which suits your needs and your purchases. Here are the top ten best credit cards of 2014 which will guide you in getting the best credit card according to your need.

    10. Chase Freedom

    With no annual fee to pay for the credit card and earning a bonus of $100 after shopping for $500 within three months of your credit card this credit card is a must investment.

    This credit card offers $0 amount for the first transfer you will make after buying this credit card. Every time you will make a consumption you will get a discount and save on every payment you will make using this credit card. With $0 its annual fee and $0 APL for the first 15 months this credit card is suitable for people using credit card for their daily or weekly purchases.

    After buying this credit card the company will be applying 0% APL for the first 14 months on every spending of yours. This credit card ensures safety and alerts the user if a big transaction or a payment is made using their Discover it credit card to confirm. With no annual fee, no extra charges for your late payments this credit card provides the best to its user and has been considered the best credit card by over 4,000 users. The APL after 14 months increases from 10.99-22.99%.

    7. Aqua Credit Card

    Aqua Credit Card helps you manage your payments very well and if you follow their rules you will be able to reduce the APR within a year. An Aqua Credit Card provides you with a master card as well which is accepted in almost about 32 countries. This credit card is perfect for those people who have to make reasonable transactions and cash transfer.

    6. MBNA Platinum Credit Card

    One of the most prominent credit cards of UK and most demanded by the clients is the MBNA Platinum Credit Card. This card offers a lot of services which have proved to be extremely beneficial for its users. You will get a certain cash back on every purchase you make whether its grocery, gas or shopping from a departmental store.

    5. Chase Sapphire Preferred

    This credit card has been great for people who love to dine out and travel as it makes the pleasure twice by providing them with bonus and you will get an extra point on every purchase and you will get to save money. Apart from that while booking an airline ticket and a hotel room make sure to use Chase Ultimate Rewards and you will be awarded the bonus points which will result in massive discounts.

    4. BankAmericard Cash Rewards Credit Card

    For every $500 purchase you will be awarded a $100 as a bonus. This credit card company offers cash back on its purchases which includes 1% cash back on every purchase you make whereas you will be given 2% for grocery shopping and 3% for has refilling in the first $1500 you spent after your using your credit card. The credit card has a fixed payment date of every month and you won’t be jumbled every month. If you will use your card correctly you will get the most of it.

    3. The Citi Diamond Preferred Card

    The Citi Diamond Preferred Card advises its users to utilize the time when there is 0% APR on every balance transfer you make during the first 18 months of your credit card opening. This offer remains till the first 18 months and after that you will have to pay interest with every balance transfer which will be 11.99%-21.99%. This credit card has a number of services and rules. For every transaction you make, the credit card will charge you with just 3% of the amount you have transferred or $5 the least.

    To increase its services the Citi Diamond Preferred Card has started a concierge service which book hotel suites, airline tickets, reservation for dinners etc. to make it easier for you. This service is available 24/7. With no annual fee you can attain all the services which the Citi Diamond Preferred Card offers and will be a best choice to use.

    2. Capital One VentureOne Rewards Credit Card

    People who have to travel to and forth around the country and with an amount of credit in their accounts should get a Capital One VentureOne Rewards Credit Card. The key feature of this credit card is that it offers 20,000 miles of bonus after opening your account. Apart from that the rest of the years will be free of annual fee charge. This Capital One Credit card offers a credit tracker service in which the user can check its score and bank account at all times. After getting yourself an account you will be awarded with unlimited miles of bonus including on every purchase. You can always exchange your miles whenever you have a big trip coming up or stay at hotels and get new bonus miles for every trip. This card is suitable for those who have to make frequent transactions in a foreign country as the transaction fee is $0. It is highly recommended by its users and offers high security of your credit.

    1. Citi Hilton HHonors Reserve Card

    Citi Hilton HHonors Reserve Card World s Best Credit Card 2014 listtoptens.com

    A person who has to spend on traveling, shopping etc. this credit card is preferred for those, because of its vast offers. If you spend $2,500 within 4 months of buying this Citi Hilton HHonors Reserve Card then this credit card company provides you with 2 free weekend nights at the selected hotels by the Hilton HHonors. This credit card is accepted worldwide and you don’t need to worry when you are traveling abroad anywhere as this credit card will do it all for you. Apart from that the purchase made by this credit card gives you protection if your items are stolen, are destroyed in a fire or in an unintentional damage, only within the 90 days of your purchase.

    This credit card is of great assistance while on the road or traveling out of country in any medical or legal matter. All in all this credit card takes care of you while you are at home or out of country.





    Living Without Credit Cards: She Made It Work, and You Can Too #credit #card #loans

    #free credit check without credit card
    #

    About

    (Photo Courtesy Liz Smiley) Every time you make a plane reservation or rent a car or pay for concert tickets, you’re asked to provide a credit card number. Liz Smiley, a social worker in Florida, provides a debit card number instead.

    Smiley has lived without a credit card for more than four years, and she doesn’t miss it a bit.

    “I got my first credit card when I turned 18, and I just got used to using credit to pay for things,” says Smiley, a single parent who was also the caretaker for her mother when she decided it was time to eliminate her debt.

    Smiley had accumulated about $38,000 in credit card debt and was tired of spending all her income on credit card payments. She arranged a debt management plan through CredAbility, a credit counseling service in West Palm Beach, Fla. and repaid her debt in four years.

    As part of her debt management plan, all of her credit card accounts were immediately closed. “I have to admit it was hell in the beginning, like going from eating lobster and caviar to a starvation diet,” says Smiley. “It was really hard to say that I couldn’t afford something and that I had to save for it.”

    Not Accepted Everywhere

    Smiley got around the need for a credit card for flights and online shopping by using her debit card. But it wasn’t always easy.

    Some retailers won’t accept a debit card unless it has a Visa or MasterCard logo. And many hotels and rental car companies only accept credit cards, or will place a hold for hundreds of dollars on a debit card until the customer vacates the room or returns the car.

    That means you need to make sure you have enough money in your bank account to cover the bill. “I always had to make sure I had at least $150 or more extra in my checking account when I rented a car,” says Smiley.

    In spite of her $970 per month payments on her debt management plan, Smiley managed to save an emergency fund of $3,000 that she uses as a back-up to her checking account.

    How to Make It Work

    If you decide to live without a credit card, you’ll need to develop plans to pay for everything beyond your normal expenditures, such as vacations, gifts, car repairs and unexpected health care needs.

    First, establish your emergency fund with three to six months of living expenses. Most financial experts suggest that you have a set amount transferred from each paycheck to build up your savings painlessly.

    For health care costs, Smiley set up a health savings account at work where she saves pre-tax money for out-of-pocket health care spending. “I needed a root canal and I had to tell my dentist that I didn’t have a credit card and I didn’t have enough in my HSA to pay him,” says Smiley. “He let me make a down payment and then make payments slowly until I accumulated enough in my HSA to pay him in full.”

    Next, try some other tried-and-true methods like putting your change in a jar or putting cash in envelopes labeled for each savings goal. You can open a holiday or vacation savings account at a bank or just open an online savings account and give it a nickname so you know the purpose of the account.

    You’ll also need to figure out how to pay for things without a credit card, such as:

    • Layaway. Many stores allow you to hold an item and make payments until the item is paid in full.
    • Debit card. Make sure you read your debit card terms and conditions so you know if you are protected from unauthorized charges. In addition, you’ll need to keep careful track of your bank balance or have a savings account tied to your checking account for overdraft protection.
    • Cash. Be careful not to carry too much. And remember to track your cash spending.
    • Checks. As long as you have identification, most retailers still let you write a check.
    • PayPal. Most online retailers, including many airlines, accept PayPal. You can tie your account directly to your checking account.
    • Pre-paid cards. You can load funds onto a pre-paid card and use it like a debit card. Check to be sure you don’t have to pay high fees to use the card.

    What About Your Credit Score?

    If you don’t have a credit card because you have bad credit or because you have an aversion to borrowing money, you should check your free credit reports at annualcreditreport.com and pay to get your credit score.

    Your credit score is based on a history of credit repayment, so a lack of a credit history could hurt your chances of a mortgage loan approval or car financing.

    If you plan to live on cash forever, this is not a problem, but if you think you’ll be applying for a loan in the future, you may need to obtain a credit card and use it occasionally to establish a positive credit history.

    WWII refugees, Schwermer’s family fled from Prussia to Germany in the 1940s. Her father had owned a successful coffee roastery and kept a nanny and full-time gardener on his payroll. We were well-off but ended up as riff-raff, she says. Then we became rich again and (we) had to defend it. I’ve always had to justify myself, whether we were rich or poor.





    I hope this finds you well. I am attempting to #credit #cards #to #rebuild #credit

    #my credit report.com
    #

    I hope this finds you well.I am attempting to

    Hello,

    I hope this finds you. Show More

    Hello,

    I hope this finds you well.

    I am attempting to repair my credit report. I have signed on with well known credit repair law firm. While they do the leg work they do not offer legal advice.

    I have many concerns now after doing some research. First, many of the charge offs are scheduled to drop reportedly in March of 2016. If I attempt to dispute before then will I infact reset the clock if for some reason they are denied?

    Secondly, am I risking that once the process begins I may find myself and relatives in a deluge of creditor calls and harassment?

    Third and of most concern, I found out today I have a judgement in Florida (I reside here) through said credit repair agency. I was never notified of this and would never have know had I not attempted to address repairing. Had I known, I would have addressed the situation in court. How can they obtain this judgment when I was not there to defend? The judgment was filed in January of 2012 and signed off on 3/2012. It seems (according to my credit report) the creditor sued for a portion and charged off a portion, even though they both read as “Charge Offs”. How can I dispute both or should I even toufh this (from the same creditor) as they still hold a portion of the debt close to 7 years later and the other portion being the judgement. I have nothing to pay them with, own nothing, etc. After fiance leaving in 2008, lay off and sickness in 2012.

    Any assistance is sincerely appreciated. Thank you.





    Credit Cards: 4 Mistakes You Must Avoid. #secured #credit #cards #to #rebuild #credit

    #icici credit card
    #

    Credit Cards: 4 Mistakes You Must Avoid

    There are around 350 million debit cards in circulation in India as compared to only 19 million credit cards. ICICI, HDFC, SBI, Citibank and American Express are the top five issuers of credit cards in India – each offering a range of rewards and benefits to their respective card holders. Credit cards offer the easiest ways to borrow money and usually individuals are lured into the reward programs and benefits these financial institutions offer.

    Show Full Article

    Janice Gnomes and Rakesh Wahal are both graduates and have joined a call centre recently. Both own credit cards but have very different ways of using them. Rakesh likes to splurge on impulse purchases, while Janice uses it only to pay for her flight tickets when she travels to her hometown in the south. As a result, Rakesh often ends up paying the minimum amount due and is perilously close to his credit limit. Janice, on the other hand uses her card sporadically, pays her bills before the due date, and is well within her credit limit. Who then would you say is a better customer for a credit card issuer? You would think it is Janice, but in fact it is Rakesh who is an ideal customer from the point of view of a card issuer.

    No credit card company would ever admit this, but a card user like Rakesh is a cash cow for them for he is not a defaulter and pays a higher rate of interest on revolving balances. Here are four mistakes your credit card issuer will be glad you if made.

    Missed payments: Rakesh did not have the money to pay off his dues when his credit card statement came in the last week of February. He paid when his salary arrived in the first week of March. He thought he was being charged a late payment fee and 3 per cent interest. What he ignored was that the monthly interest rates along with the late payments are mounting up to a high annual rate of interest of 36 per cent plus.

    Exceeding credit limits: You card issuer will urge you to increase your credit limit from time to time. Once you exceed your credit limit, your card issuer will charge you Rs 500 every instance or 2.5 per cent of the over limit amount. While your card issuer earns money, your credit score is negatively impacted. A bad credit score can mar your possibility of getting all future loans.

    Your card is not really free: Credit card companies make a fortune of wooing gullible spenders like Rakesh and offering them “zero charge” credit cards. Such cards may be free for the first year but there are annual renewal charges. The other hidden charges such as 2.5 per cent fuel surcharge, processing fee for an EMI (equated monthly instalment), a late payment charge or cash withdrawal charge are rarely explained to customers.

    Applying for more credit with poor credit: Rakesh thinks it’s a style statement to carry two or three credit cards, but the card issuers are making merry at his expense. Even if your credit history is poor, another credit card company may issue a second credit card to you. However, you will not get the average rate of interest which is 13-15 per cent but will be charged more than 20 per cent, because of your poor credit record. This is all the better for your new card issuer who now stands to earn more from you.

    A credit card has seemingly simplified life as you can now get anything on credit, but making cardinal mistakes and untamed use of your credit card will lead you on to the path of a financial disaster.

    Disclaimer: All information in this article has been provided by Creditvidya.com and NDTV Profit is not responsible for the accuracy and completeness of the same.

    Story first published: Jun 16, 2014 15:49 IST





    Can a collection agency report your debt to the credit bureaus without contacting you first? #free #online #credit #reports

    #credit agency
    #

    CreditLearningCenter.com says:

    Dear Helena,

    Thank you for you inquiry. The activities of collection agencies are regulated under the Fair Debt Collection Practices Act: http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm. The full text of this act can be found by going to the link provided above.

    Basically, it is important to make a clear distinction between how an “original creditor” may act and how a “collection agency” may proceed regarding validating a debt, pursuing a debt, and reporting a debt to the credit bureaus. Remember, the above law does not govern the activities or original creditors, such as credit card companies, only third parties, or collection agencies. Even lawyers, hired by third party collection agencies, must adhere to the provisions of the FDPCA.

    Under the FDCPA, you are allowed to validate this debt, and the creditor (in this case, the collection agency) must show you proof that the debt is valid and that you owe the debt to the collection agency (not to the original creditor.)

    Here is the actual section of the FDPA which deals with the question you have asked:

    FDCPA Section 809. Validation of debts [15 USC 1692g]

    (b) If the consumer notifies the debt collector in writing within the thirty-day period described in subsection

    (a) that the debt, or any portion thereof, is disputed, or that the consumer requests the name and address of the original creditor, the debt collector shall cease collection of the debt, or any disputed portion thereof, until the debt collector obtains verification of the debt or any copy of a judgment, or the name and address of the original creditor, and a copy of such verification or judgment, or name and address of the original creditor, is mailed to the consumer by the debt collector.

    So, if a creditor can’t validate or verify a debt: They are not allowed to collect it; They are not allowed to contact you about it. and They are also not allowed to report it to the credit bureaus under the Fair Credit Reporting Act (FCRA). If they do this, they are in violation of the FCRA, and the FCRA states that you can sue for $1,000 in damages for any violation of the Act.

    Here is an opinion letter from the FTC which communicates that a collection agency may not report a debt to the credit bureaus which has not been validated:

    It is important to point out that the same FTC document above indicates that a collection agency may continue to report to the credit bureau during the 30 day validation period. (see I.)

    I. “Is it permissible under the FDCPA for a debt collector to report charged-off debts to a consumer reporting agency during the term of the 30-day validation period detailed in Section 1692g?” Yes. As stated in the Commission’s Staff Commentary on the FDCPA (copy enclosed), a debt collector may accurately report a debt to a consumer reporting agency within the thirty day validation period (p. 50103). We do not regard the action of reporting a debt to a consumer reporting agency as inconsistent with the consumer’s dispute or verification rights under § 1692g.

    Helena, we hope this information has been helpful to you. This is not legal advice but information that we hope will be helpful to you. The bottom line the FDCPA provides consumers with certain protections against collection agencies. How those laws are interpreted, applied, and amended from time to time may change, so it is also recommended that you get legal advice that will help you correctly apply the provisions of FDCPA to your particular situation.

    We wish you the best,

    CLC Help Center

    Thu Dec 21, 2006 04:16:47 PM





    Can Credit Card Companies Sue You For Debt? Here s The Truth #credit #report #free

    #credit card company
    #

    Can Credit Card Companies Sue You?

    First bill is not paid

    For the first bill that is not paid, a late fee will be applied which will probably be $35, depending on the balance and card issuer. Any payment that is between 1 and 30 days late is a “30 day late payment” so that is where you will be at after the due date passes. That being said, many banks don’t bother reporting 30 day late payments (so you can probably still pay and avoid a late payment being reported). The late fee and newly accrued interest will rollover to the next bill.

    Second bill is not paid

    Once the due date passes on the second bill, that’s a 60 day late payment. At this point, your APR will almost certainly go up to the default/penalty rate (which is usually around 30%). This rate increase after a 60 day late payment is permitted under the credit card reform laws, regardless of whether or not you’ve had your account open less than one year. That higher rate and another late fee will be reflected on the following statement.

    Third bill is not paid

    Now the credit card account is 90 days late. The debt will be growing even faster right now, because you have the late fees that have been added onto the balance and interest is probably now accruing at close to 30%.

    Fourth bill is not paid

    At 120 days late, it’s quite obvious you won’t be paying the bill and the account will likely be charged off. Even while the debt is in collections, the interest will continue piling up.

    Can credit card companies sue you at this point? Yes, they can take whatever actions they wish under the Fair Debt Collection Practices Act and suing you is one of the options. But how often do credit card companies sue for not paying debt? Well, the likelihood depends on a number of factors including the amount owed and the creditor (some are more aggressive than others). However more often than not, instead of the credit card company suing you directly, they sell the debt off to a third-party collection agency.

    What happens if you are sued for credit card debt?

    Assuming the credit card company is still holding onto the debt, you can be sued anytime within the statue of limitations (which vary state by state). That means it may be possible for them to sue now or years from now, up to whenever the statue of limitations is.

    If a lawsuit is filed and you get sued, then the judgment is typically for the full amount of the debt, plus interest and fees, as well as court costs and attorney fees. How that judgment can be enforced will depend on the state you live. In some states it might be possible for a creditor to request seizure of bank account balances or to place a lien on your house (but don’t worry, it’s highly unlikely that a credit card company can take your house ). To the best of my knowledge, I believe all states allow wage garnishment by creditors except for Texas, Pennsylvania, North Carolina, and South Carolina (these are states where it still might be possible under certain conditions i.e. if it’s the only way to fulfill a judgment). And, at least in Texas, your home is protected from any kind of judgments.

    Ultimately, this is something you need to consult an attorney for – to both find out how you should handle it and what a creditor can and cannot do to enforce a judgment in your state. I understand that if you’re in this circumstance, you’re probably saying “I can’t afford an attorney!” Well I have good news for you – cities and counties provide free legal aid sources where qualifying individuals can go get help without paying a dime. LawHelp.org provides free legal aid referral information for all 50 states.

    Conclusion?

    Can a credit card company sue you for debt? Yes. I wouldn’t say it’s extremely likely but it is possible and the amount of debt, the credit card company, and the state you live in will probably all be factors in whether or not it actually happens.

    Last edited in August 2015





    Can You Get a Mortgage With a Low Credit Score? #apply #for #a #credit #card #with #no #credit

    #how do you get a credit score
    #

    Can You Get a Mortgage With a Low Credit Score?





    Best Buy Credit Card Review – Important Before You Apply! #online #credit #score

    #best credit card
    #

    Best Buy Credit Card Review

    Average

    The Best Buy Credit Card and Reward Zone MasterCard are run of the mill store credit cards, with ridiculously high interest rates, once the promotional rates expire.

    There is a MUCH better option!

    For earning rewards and financing purchases from Best Buy we highly recommend the Discover it Card which allows you to earn up to 5% cash back on all purchases at Best Buy (on top of any points you will earn with a free RewardZone account).

    Here s how If you have a Discover it Card you have access to ShopDiscover, Discover s online shopping mall that has hundreds of retailers including Best Buy .

    You can receive 5% cash back on ANY purchase you make online at Best Buy through ShopDiscover. The best part is you can then pick up your purchases minutes later with in-store pick up.

    If you are looking to finance a large purchase such as a TV we highly recommend using the Discover it Card over the official Best Buy card because it offers 0% interest for 14 months on purchases and has a much lower interest rate. The Best Buy Store Credit Card however is laced with hidden fees and a ridiculously high interest rate of up to 29.99% which is retroactively applied to purchases if you don t pay them off within the 0% intro promo period!

    Best Buy Credit Card Overview

    This is a store credit card offered by Best Buy. There are two cards, the Best Buy credit card and the Best Buy Reward Zone Mastercard. The Best Buy credit card has two plans, depending on your credit history. Plan A is the better card, with lower rates and fees. The Reward Zone Mastercard has the lowest APR but a very high annual fee, over the limit fees, and high late fees.

    How This Card Works

    Best Buy cardholders receive no interest for 90 days on all purchases, as well as no interest for 6 months on all in-store purchases of $299 and more. You also get low monthly payments for 48 months on in-store purchases over $299. There is an easy to use online account management system at bestbuy.com. If you fail to make two consecutive minimum monthly payments and are thirty days past due, you will be terminated from promotional credit plans and you will be subject to the default rate.

    Cardholders receive many promotional low montly payment and 0% APR for qualifying purchases of a certain amount. For in-store purchases of $299 or more, cardholders receive 6 months 0% interest. Low monthly payments for four years applies to the same purchases. Cardholders also receive no interest for three months on all purchases.

    Fees:

    The following applies to Plan A : Standard variable APR is 20.99% with a default variable rate of 25.99%. The grace period is 23 days. There are no annual fees. The minimum finance charge is $2.00. There is no transaction fee for purchases. For balances of $100 or less, the late fee is $10.00. For balances between $100.01 and $500.00, the late fee is $29. The late fee is $39 for all balances over $500.00. There is no over the limit fee.

    The following applies to Plan B : The APR is a variable 24.34% with a default rate of 29.99%. The grace period is 20 days. There is no annual fee. The late fee for balances of $250.00 or less is $35. If the balance is over $250.00, the late fee is $39. There is no over the limit fee. Which plan you get is based on your credit history.

    If you qualify for the Best Buy Reward Zone Mastercard you get an APR of 18.99%. The grace period is 23 days. The annual fee for this card ranges from $39 to $79. The late fee on balances below $500 is $29 and for balances over, $39. The over the limit fee is $39.

    The Bottom Line

    • Best Buy credit card has no annual fees
    • Best Buy credit card offers plenty of no interest promotions
    • Low montly payments




    Are You Looking For A Credit Expert Witness Or A Credit Damage Expert? #store #credit #cards

    #credit expert
    #

    Are You Looking for a Credit Expert Witness or a Credit Damage Expert Witness?  Please Contact John Ulzheimer at 1.866.985.8884

    Few expert witnesses are more in demand and less in supply than the true credit expert witness. The complexities of consumer credit dictate that the witness must have firsthand knowledge not only of the industry, but also the practices of lenders, credit reporting agencies and credit score developers. In layman s terms, he or she must be able to provide commentary not only on the credit report and credit score, but also on any changes in credit reputation, damage caused by negligence, or disingenuous accusations of lender misconduct as well as embellished economic damage reports.

    John Ulzheimer leads the small team of experts and chose the other credit experts who are part of the CreditExpertWitness team because of their time spent in the credit industry, a collective 84+ years, but also because of the positions they once held and the knowledge they now hold. We are experts in not just credit reporting but how the data is furnished, stored, delivered, mined, archived, damaged, scored, updated, corrected and interpreted by lenders. We are experts in not just credit scoring but in how the scoring models are designed, developed, calibrated, validated, delivered, damaged, manipulated and updated.  Further, all of our credit expert witnesses are FCRA certified (Fair Credit Reporting Act) by the Consumer Data Industry Association (CDIA), which is the trade association of the credit reporting agencies.

    I am proud to call many of the largest banks, collection agencies, debt buyers and insurance companies our clients and have roughly a 50/50 case distribution between Plaintiffs and Defendants.  I passed 100 cases at the end of 2011.

    I regularly perform the following:

    Credit Report Review This is the most basic function of a credit expert witness.  This is the process whereby we ll review credit reports produced as part of discovery and assess the baseline credit rating/standing of the consumer/s involved in the litigation.  This is important because most credit damage claims allege a negative impact caused by the actions of a furnisher of credit report data, such as a bank or a collection agency.

    Credit Damage Assessment Also called an Impact Analysis , this is quantification of the damages to credit scores caused by the inclusion of some piece of credit information.  This information can be a late payment, a judgment, a balance, a collection, or a loan default.  This can only be done by someone who has deep knowledge of and access to credit scoring tools, which most credit expert witnesses simply do not have.  As all of our expert witnesses have spent time at either FICO or one of the credit reporting agencies, we do.

    Economic Credit Damage Assessment Using three of the commonly used metrics for quantifying credit damages, we ll place an exact number on alleged credit damages/losses.  And if we re on the defense, which we are about 50% of the time, we ll ensure that any adverse damage assessments aren t simply a series of embellished numbers.

    Expert Reports and Rebuttal Expert Reports All of our experts reports are written in the Rule 26 format, regardless of whether or not the case is in Federal court.  And unlike many of the expert reports forms used by other experts, ours are not cut and paste jobs.  Our reports are written after a thorough review of relevant discovery and clearly identify our opinions in easy to read and understand language.  We re also very familiar with the expert reports written by adverse Plaintiff s only expert witnesses and have successfully dissected them many time over.

    Testimony I ve testified on the topic of consumer credit in both Federal and state courts.  I ve also been deposed dozens of times using a variety of formats (In person, Telephonic, Skype, Video conference).

    Discovery In credit damage cases there s almost always a need for credit reports (current and past), adverse action letters, FICO scores, and other relevant documents.  We ll ensure that you know what to ask for, or why you re being asked to produce certain items.

    Adverse Expert Deposition Preparation In the credit expert witness space there aren t that many players, but almost all of them are Plaintiff s only experts.  I seem to keep running into the same experts over and over and I ve become intimately familiar with their expert reports and their abilities, or lack thereof.  When it comes time for you to depose the adverse credit damage expert, I will have already provided you with a long list of questions that will uncover their lack of knowledge and credibility.

    Procedures and Reasonableness One of the common threads throughout FCRA, FDCPA and credit damage claims is the question of whether someone s actions (normally a credit bureau, lender, or collection agency) were reasonable.   As our experts have spent actual time working at or with credit bureaus, lenders or collection agencies, we have a unique perspective of industry procedures and have successfully testified as to the reasonableness, or lack thereof, relative to credit reporting, dispute resolution, and collection actions.

    Hand Scoring This is the process whereby we convert raw credit report data into an estimation of the consumer s FICO credit scores.  This is common when we re working with archived credit reports (from an older point in time) or a credit report purchased or claimed from one of the many retail websites that sell credit reports.  As with impact analyses, you have to have first hand knowledge of credit scoring models in order to do this, properly.

    There are two types of credit experts. There are those who have researched the industry from the outside, the academic. And there are those who have spent significant time functioning within it, the real expert. Our experts have built FICO scores, managed the credit bureau dispute process, developed the consumer websites where credit data is being sold, trained credit bureau sales representatives, developed FICO score training programs, and have made hundreds of credit presentations of varying levels of complexity.   Please contact John Ulzheimer at 1.866.985.8884 to discuss your case.





    Ann Taylor Loft Credit Card? You Need To See This Review! #credit #counseling #agencies

    #loft credit card
    #

    Ann Taylor Loft Credit Card Review 2013

    by CreditCardGuru

    Ann Taylor is a great choice for my formal clothes, but when you just want something casual, you can’t go wrong with their sister store, Loft. But should you be buying their closing using their credit card? Let’s take a look at the pros and cons. There are actually 2 different cards:

    Ann Taylor Loft card – Can only be used at their stores

    Ann Taylor Loft MasterCard – Can be used at Loft and anywhere MasterCard is accepted

    Differences? The main difference between the two is that the Ann Taylor Loft MasterCard gives 1% in rewards for purchases made elsewhere. Of course the regular Loft card doesn’t do that since it can only be used at Loft stores.

    Annual Fee: Neither of the credit cards from Ann Taylor have an annual fee.

    Rewards: Spending at Loft earns 5 points per dollar and the MasterCard gives 1 point per dollar elsewhere. For each 2,000 points a $20 Loft rewards card is given. That means this card gives 5% at Loft Stores (and 1% elsewhere with Ann Taylor Loft MasterCard).

    Benefits: Both of these credit cards give $15 off a purchase during the month of the cardholder’s birthday. With the exception of that, there are no noteworthy benefits.

    Interest Rate: A downside to these cards is their high APRs. The store-version of the Ann Taylor Loft credit card application listed a 24.99% APR. Meanwhile, the MasterCard version also listed a 24.99% as of October 2013.

    Verdict?

    Loft Card: The rewards at their stores are good, but it might not be worth the hassle considering you can only use it at their stores and nowhere else.

    Loft MasterCard: This is much better than the regular Loft credit card, since it can be used for purchases at both Loft and elsewhere. The 5% at their stores is good but the 1% on everything else is low compared to some other credit cards on the market. So it’s a tossup.

    Here are some other good options to consider

    Earn 5% cash back at department and clothing stores

    Sure, the Ann Taylor Loft credit card gives 5% at their store… wouldn’t it be nice to get 5% at EVERY clothing store? With the Discover It card you can get up to 5% cash back in rotating categories like clothing stores, department stores, and more. Check out my Discover It card review to learn more.

    Great Rewards + Premium American Express Benefits

    • Shopping Benefits: On all eligible purchases you get extended warranty, purchase protection, and return protection
    • Lucrative Rewards: 3x points on flights booked directly with airlines, 2x points at US gas stations, 2x points at US supermarkets, 1x points on other purchases.

    It comes with dozens of other benefits and perks, check them out for yourself here.

    Written or last updated November 15, 2013





    Should You Apply for a Credit Card? #finding #your #credit #score

    #how do i apply for a credit card
    #

    Should You Apply for a Credit Card?

    Home > Financial Help > Should You Apply for a Credit Card?

    Credit card offers are everywhere. The ads are stuffed into our mailboxes, written on free t-shirts at college campuses, and even uttered by some pretty well known financial buffs on TV. But before you sign on the dotted line, it s a good idea to think twice and consider some credit card alternatives. Should you really apply for that new card?

    Growing Up with Credit Cards

    Like many of you, I grew up watching my parents use credit cards. They earned some airline miles, got some cash back, and as far as I know paid off the balance every month. You might say they were responsible credit card users.

    They explained to me that one day I too could have a credit card. After all, it would help me build my credit score and allow greater financial freedom when I grew up. I d even be able to afford a mortgage and get a house of my own!

    Before long, I viewed the credit card as a gateway into adulthood. That shiny new piece of plastic was more tempting than a Wonka golden ticket, and I wanted one now!

    Then I received it in the mail. It was a brilliant blue. It had my name on it. It s was my very first credit card from Chase! I was a responsible adult and paid off the balance every month, never paid it late, and made sure I spent within my means.

    Rethinking the Use of Credit Cards

    Four or five years later after I received that card I began to question the use of credit cards in my life. Were they really necessary to get ahead? Moreover, was I spending more money with my credit card than I would be with a debit card or cash?

    Soon I came to the conclusion that the use of credit cards in my life represented a major risk. What if Future John wasn t as good at paying off his credit cards every month? What if Future John had to pay a lot of interest? What if Future John began to solely rely on the security of owning a credit card instead of finding ways to save money and increase his income?

    I took out the scissors, grabbed my two credit cards (yes, I had two at that point), and cut them into pieces of celebratory confetti. Yay!

    Why Shouldn t You Apply for a Credit Card?

    I don t expect to convince all of you out there to cut up your credit cards. All I ask is that you consider three reasons why you can do without one:

    1. You can now earn cash back rewards with a debit card.

    That s right, you can finally get a cash back debit card. The nice thing about this is that we re earning over $300 a year and payments are deducted straight from our checking account. Unlike a credit card, we don t have to worry about paying it off every month. That s a pretty sweet deal.

    2. You can lend yourself money by getting on a really good budget.

    You won t have to rely on credit cards for everyday expenses or emergencies if you learn how to make a really good budget .

    On commission? No problem. Add a line item to your budget called the hill and valley fund  and use it like you would the take a penny, leave a penny jar you d find at your local convenience store.

    3. The Bible says it s not such a good idea.

    Scripture is pretty clear that going into debt isn t a good idea. Why play games with credit cards? Consider some of these verses:

    The rich rule over the poor, and the borrower is slave to the lender. – Proverbs 22:7 NIV

    Do not be one who shakes hands in pledge or puts up security for debts; if you lack the means to pay, your very bed will be snatched from under you. – Proverbs 22:26-27 NIV

    It is better not to make a vow than to make one and not fulfill it. – Ecclesiastes 5:5 NIV

    Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law. – Romans 13:8 NIV

    Allow me to be clear: it is not a sin to own a credit card. However, I think it s pretty clear that owning one is a bad idea or risky venture at the very least. If you are a responsible credit card holder, I m not mad at you. After all, I was one once upon a time.

    Do you agree with John that credit cards aren t a good idea? Let us know your thoughts in the comments.





    Should You Freeze Your Credit? AARP #free #credit #report #card

    #credit free
    #

    Is a Credit Freeze for You?

    To freeze or not to freeze? It’s a common question, particularly after reports of yet another breach of payment card data like those at Home Depot, Kmart and Dairy Queen.

    The answer: Probably yes — but not because of those kinds of breaches.

    Certainly a credit freeze (also known as a security freeze) is a great way to proactively prevent identity theft  and is advised for past victims of this crime who are likely to be targeted again. But it’s not foolproof and, depending on your situation, may best be delayed.

    The biggest pro: Once enacted, a credit freeze restricts access to your credit report, checked by creditors before new financial or service accounts are issued in your name. Without seeing your report, creditors won’t approve accounts to ID thieves posing as you. (Current creditors, as well as debt collectors working on their behalf, can still access your credit report, along with government agencies involved with a court order, subpoena or search warrant issued against you.)

    Ways Bad Credit Can Make Your Life Much Harder

    A related con: You cannot get new credit with an active freeze. So hold off on placing one if you’re planning to apply for new credit cards (like store-branded plastic offering 20 percent off your holiday purchases) or a mortgage, car or other loan. Ditto if you’re planning to switch utility or cable providers, apply for a new job or shop for insurance; these businesses also check credit reports  and, sometimes, credit scores.

    If you already have a freeze in place, you can lift it for certain dates or specific entities (say, a prospective employer or service provider). But it may require a fee of up to $12 per credit bureau. Hint: If you re lifting a freeze for a particular company, ask the business which bureau it will use to check your credit report; then you can lift the freeze with just that bureau, saving money.

    Other pros and cons:

    * With a freeze you can still access your free credit report from the major credit-reporting bureaus. You’re entitled to three freebies per 12-month period. It’s best to get one each from Equifax, Experian and TransUnion, spaced out several months apart.

    * It doesn’t affect credit scores.

    * As long as the freeze is temporarily lifted (with a designated PIN or password), you can still open new credit cards, apply for jobs or leases, or switch utility or insurance providers without issue.

    * A freeze provides better protection and costs less than a credit-monitoring service.

    * It typically lasts until you remove it.

    * A freeze does nothing to prevent fraud of existing accounts — so don’t be lulled into a false sense of security. You still need to closely monitor your current bank, credit card and other financial accounts, especially if your payment card info was recently hacked.

    * Although typically free for those over 65 and for people who can prove they were victims of identity theft (expect to provide documents such as a police report), younger nonvictims usually must pay to place, as well as lift, each freeze and thaw. Costs vary by state, but typically it is $5 or $10 per placement with each credit-reporting bureau.

    * A freeze is effective only if it’s activated with all three credit-reporting bureaus. (Conversely, a fraud alert is always free and needs to be placed with just one credit-reporting bureau, which will inform the others. But they are less protective; creditors are supposed to notify you, but are not required to, if credit applications are made in your name. An initial alert lasts only 90 days, though it can be renewed indefinitely.)

    * Lifting a freeze can take up to three business days, making “instant credit” unavailable and delaying credit or service applications. However, some states have passed laws that require the freeze to be lifted within minutes of the request.

    * States determine freeze laws , which vary depending on where you live.

    Get discounts on financial services with your AARP Member Advantages.

    * A freeze will not prevent you from getting pre-screened offers of credit or insurance. To stop those, call 1-888-5-OPT-OUT (1-888-567-8688) or go online .

    To place a freeze, contact each of the three credit-reporting bureaus:

    * Equifax — Phone: 1-800-525-6285

    * Experian — Phone: 1-888-397-3742

    * TransUnion — Phone: 1-800-680-7289

    You’ll need to supply your name, address, date of birth, Social Security number and other personal information. After receiving your freeze request, each bureau will send you a confirmation letter with a unique PIN or password, which you should keep in a safe place.

    Also of Interest





    Should you get a secured or unsecured card? #ford #credit #payment

    #unsecured credit cards to rebuild credit
    #

    About

    Making bad credit decisions now can cost you big-time in the long run. What do you do if you’ve got bad credit? Rather than paying some company to “repair” it, it’s better to rebuild your credit by working with the companies you owe. One of the quickest ways to do that is to get a credit card–although obviously, that’s easier said than done.

    Luckily, you have options. There are two types of credit cards for bad credit. secured cards and unsecured cards. Secured cards require you to keep the equivalent of the card’s limit on deposit with the card’s issuer. So a secured card with a $250 limit requires you to deposit $250 with the bank that issued it; you’ll get the $250 back once you close the account in good standing. The more common variety–the type issued to practically everyone with good credit–is the unsecured credit card, which doesn’t have the same restriction. If you have bad credit, you can get an unsecured card, too, but there will be many strings attached.

    So which type is best for you, if you’re in this predicament?An unsecured credit card may seem like a quick way to access a couple hundred bucks, but ultimately, you’ll likely end up with little available credit. Unsecured cards typically attach fees when you actually open and use them. Say you got approved for an unsecured card with a $250 limit. You might have to pony up a $50 setup fee, a $100 program fee, a $50 annual fee, and an $8 monthly fee–so you’re already more than $200 in the hole before you’ve even spent a dime! And since you have poor credit, you’ll also pay close to 20% interest on all these fees. You could get money faster–and on cheaper terms–at a pawn shop.

    That’s not to say that a secured credit card comes with an interest rate to fall in love with, or without any fees. But for someone with bad credit, it’s a much better tool to rebuild. The typical secured credit card demands a deposit of at least $200 to secure the line of credit, and some charge an annual fee of up to $50. (Some cards waive the annual fee for the first year.) A healthy usage ratio and an account in good standing are the first steps towards better credit, so ultimately, a $250 secured card can give you more available credit and a better credit usage ratio than an unsecured card with a $240 balance.

    Given all that, it’s probably no surprise that an industry expert like Odysseas Papadimitriou, CEO of credit-card comparison website Cardhub.com. recommends secured cards for those trying to rebuild. If you have bad credit, Papadimitriou says, opening up an unsecured card amounts to tying a hand behind your back. (Papadimitriou also dispels a widespread myth: that to improve your credit score, you need to use the card, charging and paying it off every month. Wrong, he says: you could lock a secured card in a drawer, and as long as you keep up with the annual fee, your reports will reflect an account in good standing.)

    Rebuilding your credit takes time. Papadimitriou suggests that, after 18 or 24 months of wise card use, you might apply for a card with better terms and see if you qualify. Doing this once a year after that won’t hurt your credit score.





    The Fabled FICO Score of Zero: What to Do if You Have No Credit, But Need a Loan #credit #building #credit #cards

    #credit card for no credit history
    #

    More from the nerds

    NerdWallet

    Many of the credit card offers that appear on this site are from companies from which NerdWallet receives compensation.

    The results of our “card comparison and finder tool”, card assessments, and reviews are based on objective quantitative and qualitative analysis of card attributes. They are not affected by compensation.

    Compensation may impact which cards we review and write about and how and where products appear on this site (including, for example, the order in which they appear).

    While we try to feature as many credit cards offers on our site as we can maintain (1,700+ and counting!), we recognize that our site does not feature every card company or card available on the market.

    Additionally, our star ratings are a mix of user feedback and NerdWallet’s independent evaluation which are independent of compensation.

    For a list of all of our advertising partners, click here

    ‘> Advertiser Disclosure

    The Fabled FICO Score of Zero: What to Do if You Have No Credit, But Need a Loan

    You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. Here’s how we make money .

    Normally, credit scores run from 300 to 850, but there is an exception to the rule: a score of zero. It’s not as frightening as it sounds. A zero doesn’t mean you’re a reckless spender—a score of 350 probably would. It simply means that creditors don’t know what to do with you.

    To have a score at all, you need to play by the rules, which include carrying and paying off debt. To have a good score, you need to have debt. Yes, it sounds counterintuitive, but, to creditors, you haven’t proven your borrowing abilities if you’ve paid off loans as quickly as possible and then ceased any further interaction with debt. To them, you’re guilty until proven innocent, and therefore they assign you a score of zero.

    That score is no matter if you expect that you’ll never rent an apartment—instead you’ll buy one outright—or take out an auto loan—rather, you’ll pay in full and up front. Chances are, though, you’re not that lucky. But don’t fret. There’s plenty you can do.

    If you know or expect that you’ll need to take out a loan in the near future, you should open a credit account immediately. The best credit cards, with top-notch rewards and benefits, however, won’t yet be within your reach. Many of those rewards cards require excellent credit, so don’t bother filling out the application for an American Express Platinum.

    You can get your hands on a secured credit card. While they’re marketed to bad-credit consumers, they can accommodate you, too, as they don’t require a credit history to apply. One of our favorites is the Capital One® Secured MasterCard®.





    You Can Improve Your Credit Online Now #credit #consolidation #services

    #online credit score
    #

    Access to your credit reports and scores

    We were the first credit restoration company to offer consumers online access to view their credit reports and score so they can see their progress. This is why we are the trusted leader.

    Fastest way you can improve your credit.

    We are integrated with the credit bureau. Once you see a record you want to improve on your credit you simply click a button and the credit bureaus are off to the races working for you. Some memebers have seen instant results in as little as 3 days from sign up. With our program you will get notified of your credit restoration process monthly in the mail and can track your process anytime 24/7 in our members area.

    • Step 1 Order instantly with our 1-minute sign up process.
    • Step 2 Identify your problem credit accounts.
    • Step 3 Get notified of your restoration process monthly in the mail.

    Get the results you want

    Have you ever called a company to speak with customer service and they didn’t help you the way you wanted and so then you called back and spoke to someone else who gave you the resolution you were looking for? This is how the credit restoration industry has always worked.

    When the collection companies, banks, and credit bureaus receive credit disputes you may get different answers depending on who handled the dispute, how it was processed, and maybe even what mood that person was in that day. With our program you can keep challenging your problem accounts till they get corrected and even escalate the issue to different companies and government agencies to make sure your credit gets restored.

    The government requires these companies to respond to these disputes within a specific time frame and if they don’t the item automatically gets deleted or resolved in your favor.

    30 day money back guarantee.

    To this day we are still the only ones in the industry to offer a no questions asked 30 day money back guarantee. Our program is so effective and affordable at $19.95 per month we know you will fall in love with the results and your new credit score.

    Works on all issues

    Some helpful answers

    How much does this cost?

    You get all this for only $19.95 per month with no long term contracts and you can cancel any time. We are guaranteed the lowest price in the industry.

    How does this program restore credit faster than everyone else?

    One of the best, and most unique, features of our program is the fact its integrated with the credit bureau. This means you can see your credit report in seconds and send disputes to the credit bureaus in seconds. Other companies make you forward many documents back and forth in the postal mail which add weeks to the process and waste your valuable time.

    Is this secure and trusted?

    We pride ourselves on offering secure credit reports with high online security and privacy standards. Our systems are secured and trusted by Mcafee and Verisign plus use the same security and encryption standards like SSL that your banks are required to use. We had over 1 Million people use the platform in 2012.





    Need A Credit Card Number For An Online Free Trial? This Service Lets You Get A Fake One #where #can #i #get #a #credit #report

    #credit for free
    #

    Need A Credit Card Number For An Online Free Trial? This Service Lets You Get A Fake One

    Oliver Haslam

    We ve all been there. You re all set to try out the latest and greatest online service but there s a problem it needs a credit card number before it will let you do anything or even create an account. But you don t always want to give your credit card number to a company that might not still be around in a few months, and it s possible you might even be a little protective of those digits even if it s a well established company because, after all, you can never be too careful.

    So what do you do about it? Nobody wants to be all set to try out the new hotness only to be thwarted at the first step, but does life really have to be so binary in such matters? Isn t there some way around such things? Well funny you ask, because yes, yes there is.

    GetCreditCardNumbers comes to your rescue by giving out fake, real credit card numbers that can be used when you need one to get a trial underway, you know, like the ones available at Netflix, Hulu and the likes. Well, we say real because obviously enough, they aren t actual real life credit card numbers but merely a collection of digits that have all the right formatting needed to fool a computer into thinking that they make up a proper card number. That is, the numbers have the required issuer identification number and the like, so they re more than just a collection of random numbers thrown onto a website. In fact, if you need a large number of real-fake credit cards to use, the website will even let you download 100s in a fancy XML, JSON or CSV file. Nice and simple.

    It goes without saying that you won t be able to buy anything using these card numbers, and if the website you re signing up for happens to actually validate the card you re giving it then you won t be getting much further. The number is fake after all!

    Still, in a pinch we have to say that GetCreditCardNumbers.com is probably a useful little tool if you find yourself in need of a pretend credit card number and don t need it to pass too many checks at the other end. The service also has an Android app, that you can download from here .

    And remember they re not real!

    You may also like to check out:

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    5 Credit Cards You Should Never Close #check #credit #score #free

    #card credit
    #

    5 Credit Cards You Should Never Close

    By LaToya Irby. Credit/Debt Management Expert

    Welcome to About.com s Credit/Debt Management site, led by your guide, LaToya Irby. LaToya has been the credit and debt management guide since 2007. Read more

    Many consumers close credit cards after becoming what seems like too delinquent to catch up, because they re upset with the credit card issuer, or because they simply don t want the credit card anymore. It s important to know that closing a credit card won t make delinquencies go away and in some cases, closing a card could hurt your credit score more than it helps.

    1. Don t close any credit card that still has a balance.

    When you close a credit card with a balance, your total available credit and credit limit are reported as $0. Since you still have a balance on that credit card with no credit limit. it looks like you’ve maxed out. A maxed out credit card, or one that appears to be maxed out, can have a very negative impact on your credit score since your level of credit card debt, including your credit usage to available credit ratio. is 30% of your credit score .

    2. Don t close your only credit card with available credit.

    Closing out this card will decrease total available credit and, subsequently, increase your total credit utilization. Just like closing a credit card with a balance, closing one without a balance can also affect your credit score, because you ve used up all the credit that s available to you.

    3. Don t close your only credit card.

    Since part of your credit score (10%) is based on the different types of credit you have. keeping a credit card in the mix will add points to your credit score.

    Continue Reading Below

    Leave your only credit card open to show that you have experience managing various types of credit accounts.

    4. Don t close your oldest credit card account.

    Closing out old credit cards shortens your credit history. Lenders tend to view borrowers with short credit histories as riskier than borrowers with longer histories. Closing your oldest credit card won t impact your credit score immediately. But, once the credit card falls off your credit report several years down the road, you might see an unexpected credit score drop.

    5. Don t close the credit card with the best terms.

    Why let a good thing go? If you have a credit card with a low interest rate. no annual fee, and other perks like travel insurance or great rewards, keep it. A credit card that charges you less for making purchases is far better than one that charges you more.

    When to Close a Credit Card

    It’s ok to close a newer credit card that you no longer use as long as the card doesn t have a balance and you have other credit cards. Or, you might close a credit card that suddenly raises your interest rate or introduces an annual fee. Your credit card issuer will probably close the credit card for you if you decide to reject these new credit card terms. Finally, in identity theft and fraud situations. your creditors will advise you to close the credit card to keep the thief from damaging your credit even further.

    Close Your Credit Card the Right Way

    Always close a credit card by sending a written notice to the card issuer. You can call first to cancel your account, but always follow up with a letter confirming your desire to have the credit card closed. Follow up by making sure the credit card is reported as Closed on your credit report. It won t necessarily hurt your credit score if the credit card continues to be reported Open, but double checking will ensure your card is indeed closed.

    You should be just as selective about the credit cards you close as the ones you open. Before you pick up the phone to alert your creditor that you want to close your account, make sure it’s not going to affect your credit score in a negative way .





    9 things you must know about debt consolidation #credit #card #types

    #consolidate credit card debt
    #

    9 things you must know about debt consolidation

    Looking for a way to cope with overwhelming debt? Credit counseling agencies may offer some relief. Their debt consolidation programs, called debt management plans, can help you get back on track — but they can also be unnecessary and even detrimental when done through a poorly run organization or for the wrong reasons.

    Here’s what you need to know about consolidating accounts through an agency.

    1. It’s a third-party payment system. Tired of juggling many different accounts? With a debt management plan, you make one payment to the credit counseling agency, which distributes the money to your creditors until they are paid in full. These agencies do not make loans, nor do they settle debts. Instead, they have preset arrangements with most financial institutions, many of which lower interest rates and fees, so more of your payment goes toward the balance rather than finance charges. However, if you just happen to have accounts with creditors that don’t offer any concessions, that benefit is reduced.

    2. Agencies range in quality. With something as precious as your finances, be exceedingly careful about who you work with. Look for a nonprofit credit counseling organization that belongs to either the National Foundation for Credit Counseling (NFCC) or the Financial Counseling Association of America (FCAA). They ensure member agencies pass rigorous standards set forth by the Council on Accreditation or another approved third party, and that their counselors pass a comprehensive certification program. Even if they are members of such organizations, though, be picky. The agency should be organized, send payments and statements on time and offer strong consumer education and support. If it falls short, contact another branch.

    3. All plans are basically the same. Financial institutions don’t give preferential treatment to any one organization, nonprofit or otherwise. So while the agencies and employees vary, the plans are all structured the same way: Your counselor determines how much it will take to pay your creditors in full in three to five years. The payment is usually around 2.5 percent of the total debt. though in hardship situations. there is some wiggle room. You can stop the plan at any time, and you can also pay more — and get out of debt faster — when you have extra funds.

    4. Before consolidation, counseling. Why consolidate bills if you can’t pay for basic expenses or if there are better alternatives? You wouldn’t, which is the reason consolidation begins with a counseling appointment where your entire financial situation is assessed. If you have enough cash left over after subtracting expenses from income, consolidation will be presented along with other options. When a counselor is knowledgeable and compassionate, these sessions can be enlightening and motivating. Not all are. If he or she acts bored, judgmental or pushy, request a different counselor.

    5. Consolidation is not right for everyone. How do you know if debt consolidation would work in your favor? First, the bulk of your balances should be in unsecured debts, such as credit and charge cards, personal loans and, sometimes, collection accounts. If most of your liabilities include other types (tax debt, unpaid child support or old parking tickets, for instance), these plans won’t help. Second, you should be confident that you can pay not just for a month or two, but for years. And third, you need to have just enough money for essential expenses, some savings and your debt. If you have too much cash left over, you’re better off managing the accounts on your own.

    6. It’s simple, steady and efficient. While you’re on the plan, your payment remains constant. You never have to wonder how much you should be paying each month, as it will be the same amount until all creditors are satisfied. When one account is satisfied, the others receive a larger portion of your payment, which speeds up the repayment process. Consolidation can also provide welcome respite from creditors calling about overdue accounts, as they generally stop when the plan begins.

    7. You still have work to do. Those you owe will still be sending you account statements, which you’ll have to monitor and send in. Agency reports do not reflect the interest that you’re still being charged, so if you don’t submit them, the balance the agency reports will be wildly different from what your bank statements say. Many clients get a rude awakening when they think they’re all paid off, only to find they still are in the hole for thousands.

    8. No more charging until you’re done. One of the agreements you make when consolidating your debts with an agency is that you will close the accounts and not get any new ones until you are debt-free. This can be a mighty difficult adjustment if you’re used to whipping out the plastic on a daily basis. However, it does make sense. After all, if you are still charging while repaying, you’re spinning your wheels. In case of emergency, you’re allowed to leave one card, which is typically a general purpose account with a low or no balance that you can use anywhere.

    9. Consolidation is not bankruptcy, but lenders may perceived it negatively. By consolidating, you’re paying 100 percent of your obligations, which is quite different from discharging them in a bankruptcy or settling the debt. Still, your credit report can take a hit if your monthly payments are less than what you would normally pay. Also, while consolidation is not factored into a credit score. some creditors notate that you’re paying through a third party, which can be a red flag to a lender or anyone else looking at the report. We look at it as a bankruptcy. It shows that they need help paying their bills, says Stuart Davis, a senior loan consultant for Princeton Capital out of Los Gatos, California. According to their underwriters, the plan needs to be complete before they will make a loan. On the other hand, most people who consolidate do so because they’re already stumbling and missing payments, so making timely and consistent payments through the service can help their reports.

    Clearly, consolidating debts through a credit counseling agency can be helpful, but you may also be able to achieve the same results on your own. How? Suspend charging and request rate reductions from each of your creditors. If they turn you down, make a few larger than average payments and try again. Then, review your budget to know exactly the amount you can afford to send every month. Plug the numbers into a good debt repayment calculator to know how long it will take to become debt free. Pay more to the accounts with the highest interest rate, and when one is paid off, add the payment the next most expensive debt. Finally, commit to living within your means and prepare for life’s inevitable financial emergencies.





    13 Tricks to Help You Get Rid of Credit Card Debt Fast #credit #card #for #bad #credit

    #how to get a credit card
    #

    13 Tricks to Help You Get Rid of Credit Card Debt

    Know any good credit card tricks?

    When you re deep in debt, you just want out.

    Here s a nice list of ideas, a refresher if you will, to keep you headed in the right direction and to help you get rid of credit card debt fast:

    Cut Up Your Credit Cards If you re swearing off debt for good, consider cutting up the cards. Sometimes it s the accumulation of more debt that keeps us from paying off the debt we have. This doesn t mean you have to close down the accounts (which could harm your credit score ), but it will make it harder to use a card at the register.

    Put Your Cards on Ice If you don t want to cut your cards up, put them on ice. Literally put them in a cup of water and put them in the freezer. You ll have them in an emergency, but you won t be tempted to use them on a quick purchase.

    Put a Note in Your Wallet If that s too impractical, then simply put a note in your wallet on your cards reminding you about your debt reduction goals. Be rude to yourself if you have to. Something like, don t do it, you idiot would probably work on me.

    Sell Your Junk To speed up your credit card pay off schedule, bring in some extra cash by selling your stuff on Craigslist or eBay. Also, consider having a garage sale for even quicker cash .

    Get a Second Job If you don t have junk to sell, then consider taking on a second job to really help you pay off those debts quick.

    Post a Debt Payoff Schedule on the Fridge Where your stomach is, there will your mind be also (or something like that). Hyper-focus on your payoff plan by putting it front and center.

    Transfer Your High-Interest Balance If your balances and interest rates are big enough, consider transferring your credit card balances to a card with a 0% promotional interest rate. You could also use a peer to peer lending site to do this. Be aware of transfer fees, which might negate any interest savings you experience. Also, be careful not to use this new card as an opportunity to spend more.

    Listen to Dave Ramsey Dave Ramsey will motivate you to pay off your debts. Period. He s the man with the seven step plan that can really help you to kick your debt reduction plan in gear. He s got a radio show and a daily podcast you can tap into.

    Pay Off the High Interest Balance First If you re number cruncher, consider paying off your debts by tackling the card with the highest interest rate first. Then move to the next highest interest rate card. This will help you pay less in interest over time.

    Pay Off the Smallest Balance First If you need to be motivated by a quick win. Consider using the debt snowball approach. Build upon your small victories and destroy your credit card debt one at a time starting with the smallest.

    Obsessively Track Your Spending Are you obsessed with controlling your spending? Maybe you need this extra motivation to help you avoid future debt, and to provide extra room in your budget for fast debt reduction payoff. Track your spending with Mint. or consider a zero based budget.

    Become a Freegan Along those same lines, consider becoming some what of a freegan (a person who tries to use only free products and services). You don t have to change your entire life forever, but it will surely help to get rid of debt if you can devote most of your extra income to debt reduction. Using free products and services only will help you do this.

    Consider Getting Help If you re not a do it yourself kind of person, enlist the services of a service like Ready for Zero to help you get rid of your credit card debt.

    Have anymore tips or trick for how to get rid of credit card debt fast?

    About Philip Taylor

    Philip Taylor, aka “PT”, is a CPA, financial writer, FinCon CEO, and husband and father of three. He created PT Money back in 2007 to share his thoughts on money and to meet others passionate about managing their finances. All the content on this blog is original, and created or edited by PT. Read more about Philip Taylor. and be sure to connect with him on Twitter. Facebook. or view the Philip Taylor+ Google profile.

    Related

    Comment Disclosure: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.





    Best Buy Credit Card? Know This Before You Apply! #applying #for #credit #cards

    #apply for credit card with no credit
    #

    Best Buy Credit Card? Know This Before You Apply!

    Best Buy Credit Card? Know This Before You Apply!

    Don’t fill out a Best Buy credit card application in 2015 without seeing this review. Here’s a quick summary of why it’s crap:

    Rewards are misleading: Their ads say 5% but that’s a bit deceptive, because only 3% comes from the card. The other 2% is through their normal Rewards Zone program which is completely separate from their CC.

    Insane interest rates: As of Nov 2015 they were a 25.24% or 27.99%.

    Financing offers don’t earn rewards: The extra 3% won’t be earned.

    0% is with deferred interest: It’s not always true 0% because retroactive interest will be charged if you exceed the time frame.

    Might pay a $59 annual fee: Those with less than great credit might get slapped with a $59 fee and unfortunately there’s no way to know which version you get until after you’re approved.

    Better Option: Don’t get their card. Instead use your Rewards Zone program with a different card.

    Getting back to the details of what BB is offering, how many times have their sales associates pressured you to apply? I don’t know about you but I find it extremely annoying to be asked every time I make a purchase at their store. You may be peddled one of two cards – either the Best Buy card (store use only) or the Reward Zone MasterCard from HSBC. Read these reviews of both.

    Best Buy Card (store version)

    This one doesn’t appear to offer much for rewards, but it does attract atrociously high interest rates and fees.

    • Store-Use Only: This version can only be used at their stores and nowhere else.
    • Possible Low Credit Limits: Upon looking at Bust Buy credit card reviews posted by customers on various sites, one of the most frequent complaints I saw was about extremely low credit limits. Reportedly there are tons of people complaining about limits as low as $300. A limit like that won’t do much good if you plan on buying a plasma TV or new computer with the card.
    • High Interest Rates: At the time of this review, the standard APR was 25.24% or 27.99% and the penalty APR was even higher:

  • Credit Card Bait ‘n Switch: I found this statement in fine print at the bottom of the card’s application: For your convenience, if we find that we cannot approve you for a Best Buy credit card at this time, we will automatically consider you for a Gold MasterCard® with Fee.

    There are a lot of complaints out there about this! This is troubling since those with lower credit scores may be signing up for something they don’t want.

  • Lousy Rewards: While researching the card and application on the Best Buy website, I was surprised to see the card appears to offer the same rewards as the non-credit card version of the Rewards Zone program. The only exception to this is with the financing offers: you may also receive one additional bonus point for every point earned on qualifying standard revolve purchases (regular financing) made using the card
  • Retroactive Interest: Warning: This is the #1 reason to NOT get the card! What you may not realize is that the Best Buy zero interest promotional offers do not operate like normal credit cards from a bank.

    See that? A store credit card runs a promotion that offers 0% interest for X number of months on purchases above a certain dollar value. But if you don’t completely pay for that purchase in full before the X number of months, you will be assessed interest charges from the first day of purchase on the purchase! Same thing can happen if you make late payments, too.

  • Verdict?

    Normal credit cards through a reputable bank will never charge interest retroactively like that. If they give you 0% for X number of months, you really will get that regardless of whether you pay it off in time. This is why it’s so foolish to risk it with the store card from Best Buy. Imagine the pain if something unexpected happens with your finances and you can’t afford to pay it off in time? With the excessive APRs it will be a steep price to pay!

    Instead I strongly recommend you check out CreditCardForum’s sponsored offers which give 0% for an extended period of time on purchases.

    Best Buy MasterCard

    This one is affiliated with MasterCard so it can be used elsewhere, but unfortunately there are a lot of drawbacks. Is it difficult to obtain a Best Buy Mastercard? Not necessarily, but here’s why you might not want one even if you do have the credit score required for approval.

    Annual Fee: The Best Buy website does not do a very good job talking about the annual fee upfront, but once you fill out the credit card application, you are taken to a page to review your terms and decide whether or not you accept them. There used to be a no annual fee version given to people with qualifying credit but when I checked I didn t even see that offered anymore on the application s fine print:

    So it looks like a $39 to $59 annual fee based on your credit score.

    Low Rewards: The Best Buy credit card rewards program is as follows:

    • Normal purchases at Best Buy = 2 points per $1 in-store or online
    • Best Buy purchases w/ the promo financing give less points = only 1 point per $1
    • 1/2 point for every $1 spent elsewhere

    For every 250 points accumulated, the cardmember gets a $5 rewards certificate, which can be used towards a future purchase from Best Buy. While it is nice to see that this credit card actually has a rewards program, the drawback is that it s definitely not a very impressive one.

    Rewards Forfeiture: In the fine print of the Best Buy MasterCard Reward Zone rules, there was a term titled Program Annualization that states at the start of the calendar year, accumulated points will be converted into Reward Certificates in $5 increments and any remaining points will be forfeited. I think this is extremely unfair.

    High Interest Rates: The application lists 21.74 % as the lowest and only tier available. So the best case scenario is nearly 22%? That s crazy.

    Possible Low Credit Limit: Reportedly there are many complaints of cardmembers getting low credit limits with the Reward Zone MasterCard too. Ironically, out of all places, I saw many complaints on the BestBuy.com community message boards about this issue. For example, one poster alleges I recently applied and was approved for a Mastercard for a measly $300.00. and . When I applied online it never mentioned that I would be charged $60 odd dollars annually.

    The Reward Zone MasterCard’s minimum credit limit is only $300 which is obviously pitiful. For that high of a fee, should you get one if you might be stuck with such a low limit and crappy benefits?

    After reviewing both cards thoroughly, I have difficulty finding any good reasons to apply for either. Is it hard to get a Best Buy credit card? Usually not as the credit score requirements are quite low, but as you can see, there’s a good reason for that. you’re getting a rotten deal in return!

    Anyone with a half-way decent credit score would be better off trying for something like the Slate by Chase with its long 0% promotion .

    The bottom line is this: The vast amount of complaints and negative reviews about the Best Buy card are disturbing to say the least. You probably would be better off with just a regular credit card.





    Can You Build Credit Without Social Security Number? #credit #reports

    #check my credit score
    #

    Build credit without Social Security number?

    Dear Credit Card Adviser,

    My son and his family recently moved to the U.S. after living abroad for 11 years. His wife does not have a Social Security number. Can she qualify for a credit card? Are there other actions she can take to boost her credit history?

    More On Credit:

    “credit cards”

    American Express accepts several forms of identification: Social Security, taxpayer ID, a foreign driver’s license or a foreign-issued passport. Citi doesn’t require a Social Security number, but applicants who don’t have one may be asked to show a government-issued ID at the closest Citi bank branch.

    Your daughter-in-law also can be added as an authorized user on many credit cards without an SSN.

    Now, let’s look at her credit history. Unfortunately, your daughter-in-law’s foreign credit history can’t be transferred to the U.S. But she can start building one here even though she doesn’t have a Social Security number. It’s best to have one, though, to ensure her credit information is recorded accurately, says Maxine Sweet, vice president of public education at Experian.

    “Name and current address are the minimum requirement, but we strongly encourage the lender to provide the SSN, date of birth and previous address if it was within the last two years,” she says. “That additional information can be very important in helping us match the account to the correct consumer.”

    TransUnion also builds credit histories on individuals without a Social Security number. Equifax didn’t respond to emails asking about their minimum identification requirements for a credit report.

    Getting a Social Security number isn’t easy. Generally, only immigrants OK’d to work in the country by the Department of Homeland Security qualify for an SSN, according to the Social Security Administration website. There are exceptions, so contact the agency for more information.

    Listen to audio

    You can “party in the USA” but not before building up your credit score.

    If you’ve just moved to the U.S. you’ll find that having a line of credit is required for quite a few essential transactions. Depending on the creditor, you may need a Social Security number to apply. Creditors like Capitol One and Chase require this number on their credit card applications, while Discover and Bank of America will also accept a taxpayer ID number, issued by the Internal Revenue Service. If applying with American Express you can get by with a foreign driver’s license, or a foreign passport.

    Unfortunately, any foreign credit history you have can’t be transferred to the U.S. So, to start building credit, use the same method young adults do: Secured credit cards! Secured cards require an upfront deposit, usually around $500, to act as the credit limit. It will take at least six months’ of credit activity for you to receive a FICO credit score. Keeping your credit history clean will help you achieve your American dream, whatever that may be.

    Now, here’s a potential problem you probably didn’t anticipate: Your son may have a hard time getting a credit card. too. If your son didn’t maintain any open or active U.S.-based credit — such as a mortgage, credit card or other loan — while he was abroad, a lender probably won’t be able to pull his credit score. He may not even have a U.S. credit file anymore.

    A U.S. credit report from Experian, Equifax and TransUnion is based on payment history on mortgages, car loans, student loans, personal loans, credit cards and other loans he got here. If he doesn’t have any activity on these types of accounts in the past year or so, his credit report has gone stale, says John Ulzheimer, president of consumer education at SmartCredit.com.

    “At that point, the credit report will cease to be scoreable under any credit score criteria,” he explains. Credit scoring models need recent activity to calculate a credit score. No activity, no credit score. No credit score, no new credit in most cases.

    That’s not all. The credit reporting agencies don’t maintain credit files indefinitely. By law, negative credit information must fall off credit reports after seven years. Bankruptcies disappear after 10 years. Sounds good, right? But Ulzheimer says credit reporting agencies will eventually drop the good stuff, too. After 11 years, your son’s credit history may have vanished.

    Your son should see if he has a credit report. If he does, he should give it a thorough read and make sure there aren’t any errors. He can pull his credit reports from each of the bureaus for free once every 12 months at AnnualCreditReport.com. If he finds he has little or no credit history, he will need to start building credit again the same way a young adult does: through a secured credit card or as an authorized user.

    Secured credit cards require an upfront deposit to act as collateral against the line of credit. The deposit equals the credit limit, and it’s placed in a money market account or certificate of deposit while the account is open. Typical deposits run between $300 and $500. The problem is that you need at least six months’ worth of activity on the card before a FICO credit score — the most widely used score out there — can be created.

    This is where you, as a parent, can help out, if you have good credit history. Adding your son (and daughter-in-law) as an authorized user on a credit card (or two) will immediately populate his credit file with the card’s payment history. That means he’ll have a calculable credit score, too. He’ll be able to apply for credit in his own name and build from there. Good luck to the whole family!

    Get more news, money-saving tips and expert advice by signing up for a free Bankrate newsletter .

    Ask the adviser

    To ask a question of the Credit Card Adviser, go to the “Ask the Experts ” page and select “Credit Cards.” Read more columns by the Credit Card Adviser. Follow Janna Herron on Twitter.

    Bankrate’s content, including the guidance of its advice-and-expert columns and this website, is intended only to assist you with financial decisions. The content is broad in scope and does not consider your personal financial situation. Bankrate recommends that you seek the advice of advisers who are fully aware of your individual circumstances before making any final decisions or implementing any financial strategy. Please remember that your use of this website is governed by Bankrate’s Terms of Use .





    5 Cheap Payment Processors to Help You Take Credit Card Payments #black #credit #card

    #cheapest credit cards
    #

    5 Cheap Payment Processors to Help You Take Credit Card Payments

    Business owners can expand their horizons by accepting credit cards. Credit cards may be accepted in a store front or on a website or blog. Many blogs charge companies to place a link (even if it’s within the copy) on the blog, and other blogs simply need to accept payments for services they provide. Here are five cheap payment processors for in-store payment processing and online payment processing curated by some of my favorite folks at CreditCards.co.uk, a UK based website designed to provide help in choosing a card based on your personal circumstances.

    1.    FreeAuthNet.com

    FreeAuthNet.com is an affordable payment processor which is commonly used for retail stores, restaurants and of course Internet businesses. The company offers low rates and dependable service. FreeAuthNet.com works with processing banks to negotiate the best possible rates available. There is no risk to sign up for FreeAuthNet.com, and clients can cancel at any time without any penalty.

    Rates: The discount rate is 2.04 percent, and the per-transaction fee is $0.24. These fees are some of the lowest in the industry. The set-up fee, license fee and application fee are free. The annual fee and the check-by-phone fee are also free.

    2.    Flagship Merchant Services

    Flagship Merchant Services is affordable and reputable. The company has been recognized by numerous authority publications in the industry. Customers are not required to sign a lengthy contract. Most merchants sign up for a month-to-month service. Clients have nothing to lose by trying the service because there is no termination fee associated with the account.

    The account can be canceled if the business suffers financial difficulty or if business owners prefer another credit card processor. This particular payment processor does not have a specific mobile application nor can it accept international credit cards.

    Rates: Rates start from 0.38 percent.

    3.    iTransact

    iTransact is one of the most affordable credit payment processors. Business owners can use the Perl-based shopping cart called RediCart. RediCart is designed to accept credit cards, EFT payments and checks.

    Only three small PERL scripts are required to install this cheap payment processor on the website. The header and footer HTML pages are included for quick set up. Cart contents can be tracked with the customer’s IP address.

    Rates: There are not any per-transaction or usage fees associated with this payment processor. All payments can be processed through a SSL server. The application is available free of charge.

    4.    National Bankcard

    National Bankcard is another reputable payment processor in the United States. The tool accepts credit and debit cards from customers. The company has an A+ rating with the Better Business Bureau and is known for providing exceptional service. Currently, the company serves retail stores, ecommerce businesses, restaurants and other industries also.

    Rates: Rates range from zero percent to $0.25. The services can be obtained without paying a setup fee.

    5.    Merchant Express

    Merchant Express is accredited by the Better Business Bureau (BBB) and is one of the top-rated credit card processing companies. This company offers numerous solutions for its customers. Both wireless and phone processing are available. Point-of-sale terminals are also offered by this company. Clients have nothing to lose by trying Merchant Express. The company offers a 30-day risk free trial.

    Rates: Merchant Express rates are significantly below industry average. For instance, the retail account rates are 1.69 percent, and the retail transaction fee is $0.19. There is no annual fee, no application fee, no setup fee, no programming fee, no monthly maintenance fee, no Authorize.net transaction fee, no shopping cart fee or no overlimit fee.

    Photo Credit: lethoff.com





    Chart: Compare and find the best gasoline rewards card for you #barclays #credit #cards

    #credit card comparison chart
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    Chart: Compare and find the best gasoline rewards card for you

    By Erin Peterson

    For most people, the only difference between the gas they buy at the station down the street and the one that’s all the way across town is the price. Because gas is a commodity, retailers work hard to inspire long-term loyalty through perks and rewards.

    Gas rewards cards are one way that companies seek to win you over — but not all cards are created equal. Some don’t offer a single reward, while others pile on hefty discounts, rebates, and special deals. Store cards are often the easiest credit cards to get, while co-branded cards (the result of partnerships between retailers and networks such as Visa and MasterCard) often offer better interest rates and rewards than their store card counterparts. Some of the cards hit you with a generous flurry of rewards at first, then choke the generosity down to a trickle.

    Which is best for you? That will depend on a combination of factors, including where you drive, whether you tend to carry a balance and the size and nature of the rewards themselves. To find a great card, fill up on the information below — and then fill up your tank.





    Not sure if you are blacklisted? Get a free credit check – IOL Blogs #sbi #credit #card

    #free credit check online
    #

    Last week Johan sent an e-mail to the almost 60 people on his mailing list, including me, giving us what sounded like useful advice.

    Anyone can get one free credit check each year to see whether you are blacklisted . So far so good.

    Then, in a different typeface and colour, indicating that it was added by someone else, if not Johan, was the following: This is particularly good for people who want to check out prospective clients/tenants etc .

    Er, no, that s not how it works, which is just as well, because apart from the fraudulent invasion of privacy, there s a good chance that any negative listings on that record shouldn t be there (see below).

    Yes, you are entitled to one free credit check a year of your own profile, not someone else s.

    So what s to stop a person laying their hands on someone s else s ID number that of a prospective tenant, for example and pretending to be them in order to check out their creditworthiness? Quite a lot, as it turns out.

    When a consumer requests his credit report for the first time, there is an authentication process, requiring the consumer to respond correctly to a series of questions posed to them on information contained in their credit report, said Dee Lawler of credit bureau Transunion.

    Should they pass the authentication process, they are granted access to their credit report through a delivery channel of their choosing.

    Should the consumer fail authentication, they would then be required to submit Fica documentation and a separate process is followed in order to authenticate and confirm their identity.

    And what if you re a business and you want to have access to credit bureau information?

    We have very strict criteria for companies which apply to become subscribers because they work in the field of credit or managing risk, Lawler said.

    But landlords who aren t credit bureau subscribers and want to avoid being stuck with a tenant who turns into a non-paying squatter can ask prospective tenants to request their own personal credit report, and give them a copy.

    Of course, they are entitled to refuse to do this, just as the landlord is entitled to refuse to rent the flat or home to them.

    Bottom line despite what that e-mail says, you can t contact a credit bureau with a person s ID number and expect to be given their credit report.

    It s incorrect to assume that anybody can use this service to enquire on somebody else s credit history for whatever purpose, and any attempt to do so would be considered fraud, Lawler said.

    Take charge of your own credit record

    Phone a credit bureau and ask for a copy of your credit record. The National Credit Act entitles you to one free credit report a year. If you want another report within the same year, you will be asked to pay an admin fee of about R20.

    Here s some excellent motivation: according to credit bureau TransUnion, of those consumers who challenge their impaired credit status, 70 percent end up with that adverse listing being removed.

    But less than one percent of consumers check their credit report annually, despite the free offer and the fact that they are likely to have unjustified blacklistings on their record.

    * Contact details of three major credit bureaus: TransUnion: www.mytransunion.co.za. 0861 886 466