Articles and Ideas October, 2007
Your credit history sticks to you either like a dazzling diamond or a long shadow. Every loan and credit card you have, and how you pay it off (or don't), is all part of this history. This information is compiled into a credit report, which is a window of your financial health. Banks, insurance companies, landlords and perhaps even a potential employer will request this copy and pass judgment based on it. Your credit rating is a make or break to purchasing that automobile, house or gaining your dream job.
But what if you have no credit history to ...
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There are three major credit bureaus in North America: Equifax, TransUnion and Experian. When a creditor requests your credit report, he has one of three choices to request it from. If you have single bureau monitoring, and the creditor requests your information from another bureau, you will not be notified. With 3-in-1 monitoring, you will be notified, because your monitoring service is keeping track of your credit from all three bureaus.
Single Bureau Monitoring
Each credit bureau has their own monitoring service, and they will notify you if somebody requests your credit file from the bureau you are with. Because ...
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Your credit report is like your identity in the world of finance. It is like the gate pass that one has to show at the entrance of the money market. If you fail to show your pass, your access will be denied.
A good credit report helps you obtain more credit as well, so goes the saying, "wealth attracts wealth". A person with a healthy credit history might not be synonymous with a person of plenty of wealth. As mentioned earlier, a credit report is the permit to receive credit; it is the token that shows how reliable ...
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With the first spam message being delivered into an unwary victim’s email account, identity theft has jumped online. Viruses and Trojans used to be the best way to capture your information, but with widespread anti-virus software and fewer security holes in computers, the most common way to steal your information now is through a technique called phishing.
Phishing for your information
Phishing is by far the most prevalent form of computer identity theft. Basically, a thief casts the bait - usually an email, but also voicemail, instant messaging and fax - and waits for a bite. In this case, the bite ...
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