Posts Tagged ‘credit cards’

Thom Fox at Cambridge Credit Counseling has shared some eyebrow-raising points regarding The Credit Card Accountability Responsibility and Disclosure Act, or CARD Act, of 2009. Full story

Tanisha only wanted to rent an apartment for herself and her two children. Little did she know that a history of not paying her utility and credit card bills  would make her search so difficult, ultimately forcing Tanisha to live in a much less desirable neighborhood. Jonathan had everything going for him at an interview with a prestigious insurance company. References, his degree, and a couple ... Full story

Top Sources of Identity Theft 1. Mail theft 2. Dumpster diving 3. Unscrupulous employees 4. Stolen or lost wallets 5. Internet fraud 6. Burglary (home, vehicle, documents, computer files, etc.) 7. Friends or relatives 8. Phone scams 9. Unethical use of public documents 10. Shoulder surfing for passwords at ATMs, computers, etc. Attorney Mari Frank knew something was terribly wrong as soon as her bank called regarding an outstanding $11,000 bill she knew nothing about. “I ... Full story

y Thom Fox It’s important to realize that if your credit score is poor, it won’t necessarily remain that way forever. Credit reports and scores are very time-sensitive items, and they merely represent a snapshot of your credit profile at any given point in time. Your score from three months ago is probably not the same score a lender would get from the credit reporting agencies ... Full story

Credit limits, credit card balances, annual percentage rates, late fees, over-limit fees, penalty rates and more!  There is so much you need to be aware of as a credit card holder. Credit cards have become a necessity in today's technology-driven economy.  A credit card is a convenient payment method accepted almost everywhere.  It allows you to receive valuable rebates, earn free merchandise and services, and take ... Full story

When you’re developing a long-term strategy to improve your credit, you need to focus on two main areas Full story

A basic step to rebuild  or build your credit If you’ve had difficulties with credit in the past, you may be finding it difficult to reestablish your credit as lending practices tighten. Don’t worry. There is a tried and true option that you shouldn’t overlook: the secured credit card.  A secured card simply requires you to deposit funds into an account ... Full story

Recently I read a great article called "Beyond the 6 Myths of Credit" in Scotsman Guide by Jeff Lau. I thought it would be good to share this information, because many of the myths are common mistakes we financially naïve folks make. Credit scoring and the credit world are mysteries to most of us, and everyone has an opinion about how to fix bad credit, what ... Full story