When your child begins college, they are bombarded with any number of offers and good deals, but one that many students are particularly interested in is the student credit card.
Should You Sign The Back Of Your Credit Card?
Many savvy credit card users have adopted a new stance in recent years. In an effort to reduce the chance they will become a victim of credit card fraud, they refuse to sign their credit cards. Some will leave the signature line blank altogether, while others will write “see ID” on the signature line.
Protect Credit Card Numbers At All Costs
Owning a credit card is a true benefit for most individuals. Credit cards allow people to purchase items, both large and small, without the need to pay with cash. Credit cards also allow consumers to purchase expensive items that may not be affordable without the ability to pay gradually.
Learn What Credit Insurance Can Do For You
Almost every time you make major or smaller purchases you apply for some type of credit. No matter if you are buying a house or a car, or you just go and buy some appliances or electronics for your home youll use some type of credit. And more or less every time you use a form of loan there are big chances that youll be asked to also buy some form of insurance for your credit. Before proceeding with buying any kind of insurance you should know what youre paying for. Credit …
Disputing Your Credit Score
If you get your free annual credit report and discover there are some inaccuracies, you will want to dispute the information and work to get it corrected on your credit report. When you dispute the information, you are protected by the Fair Credit Reporting Act which requires that all credit reporting agencies (like Experian, TransUnion, etc) respond with an investigation of your creditors.
What Can I Do To Improve My Credit Score?
Credit scoring systems are complex and vary among creditors or insurance companies and for different types of credit or insurance. If one factor changes, your score may change but improvement generally depends on how that factor relates to others the system considers. Only the business using the scoring knows what might improve your score under the particular model they use to evaluate your application.
Credit Insurance: Is It Right for You?
The next time you apply for a mortgage or personal loan, you may be asked if you want to buy credit insurance, or it might already be included in your loan proposal. Should you get credit insurance or can you live with it? Only you can answer that question.
Credit Protection Insurance — Just Another Consumer Rip-Off
Credit protection insurance is a good example of a consumer rip-off that affects millions of people, yet receives little attention in the financial media. Simply stated, you should NEVER buy “credit protection insurance,” or a “payment protection plan” or any other similar type of credit-related insurance. Let’s take a look at how these programs work and why they are a bad deal for the average consumer.
First, let’s dispense with the scam version of this insurance. With id…