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Prevent Identity Theft By Checking Your Credit Report
You may not know it but you are entitled to a free copy ofyour report once a year from Equifax, Experian andTrans Union!These three major reporting companies, maintain aprofile of how you pay your bills, what type of mortgageloan you qualify for and whether you've been sued or filedfor bankruptcy.However, this free reporting service is not availablein all areas of the United States yet.The service has been available in the twelve western UnitedStates since January 1, 2005. It is now available inMidwestern states since March 1, 2005.On June 1, 2005 the service will be available to individualsin Southern United States and for those in the EasternUnited States starting September 1, 2005.This service is provided under the Fair and Accurate CreditTransactions Act (FACT).It is in response to the raising number of identity thiefreported in the U.S.The law lets you see what lenders, prospective employers orprospective landlords see.An addition goal is to help you spot identity theft byletting you to see a list of all accounts open inyour name. For you to view your report regularly may be thebest ways you have to determine how your ratingstands and if you have been a victim of identity theft.You have the ability to request one report from eachof the three reporting companies once a year.The best way to make the most of this free reportopportunity is by ordering a report from one of thethree companies every three-four months. In that wayyou can monitor your regularly at no cost.The official website that you can get your reportinformation is -- www.annualcreditreport.com.Once you are at the site, you will able to link to the threecredit companies, Experian, Equifax and TransUnion, specialweb pages to get your report.However, be aware of the advertising on each agency's freecredit report site that may lead you to believe that youmust purchase one or more of there other services, like yourpersonal score number, to get your free creditreport.The Fair and Accurate Transactions Act does notprevent these reporting companies from advertisingtheir other services before you are able to get to your freecredit report.When you are at one of the reporting company's sitepages it is not clear that you may get your free creditreport without purchasing any of the company's otherservices.As you visit the reporting company's site you may getthe impression that you must pay to see your "credit score"(also called a FICO score) before you are able to see yourfree report.This is not the case, your score is the numbercalculated on a scale between about 300 and 925. It is usedwhen you're buying a new car, house or other majorpurchases. You'll still have to pay one of the creditcompanies a fee to see that number. This score numberis different from the information within your free creditreport.The official site is separate from the reportingcompanies' regular sites, where you still must pay to getyour information.In addition, there are a few look-alike sites you mayconfuse with the official free report site. Theseother sites may have been setup for outright fraud.Be very careful that you are working with the official sitesetup and maintained by Central Source, a joint ventureamong the three companies to process these freecredit reports -- www.annualcreditreport.com. If you receivean offer through the mail, via phone call or an email toprovide your report for a fee, it is probablyfraudulent.Here's how to Request your free ReportOnline: www.annualcreditreport.com.Or you can call toll-free: 877-322-8228Or order by mail:Annual Report Request Service,P.O. Box 105281,Atlanta, GA 30348-5281.If you request report by mail you must mail in a requestform available on the site of the Federal Trade Commission:www.ftc.gov/bcp/conline/edcams/credit/docs/factactrequestform.pdfThe reports are sent to you within 15 days.If you're ordering your report online, it's best to go tothe www.annualcreditreport.com site directly rather than togo through the one of the three reporting company'ssites. You may get your free report at their sites but youfirst must go through their advertising for monthlycredit-monitoring programs and other services they offer toget your free report.If you do this inquiry online, be sure to do your inquiryfrom your home computer because you'll need to have certainfinancial information handy to answer security questions.You'll be asked a series of personal questions to make sureyou are the person that you say you are, including yourbirth date and Social Security number.Central Source says its security protocols and measuresprotect personal information from unauthorized access orrecord alteration. In addition, your Social Security numberis encrypted for your additional protection.And you can request that just the last four digits of thatnumber appear on your printed report.As mentioned above, you may request one report from eachcredit company once a year. To get the best use of this freeservice, it's best to request your report from onecredit company this month and request your reportfrom another company about three-four months latter.Then request the third version of your report aboutthree-four months
Credit and Collection Associate for a company in the Pittsburgh area ... Additional responsibilities will include reviewing credit applications and approving/denying lines of credit.
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Credit and Collection Representative acts as a link between Ocy customers and Ocy sales/service/order entry ... This position handles credit approval of orders and collection of monies owed to the company, minimizing Ocy...]]>
credit contract with customer. Communicates with customers, ... Grants extensions of credit by processing credit applications...]]>
Collection Manager. Position will be responsible for full Credit and Collection Cycle, making credit decisions, ... resolving deductions. Bachelors Degree Minimum of 5 yrs Credit and Collections experience within a manufacturing or...]]>
Credit & Collection Service Specialist
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following, other duties ... statistical applications, and complete understanding of Credit Collection laws.
For consideration, please apply...]]>
Credit and Collection Associate for a company in the Pittsburgh area ... Additional responsibilities will include reviewing credit applications and approving/denying lines of credit....]]>
credit limits. Sets up special credit arrangements, payment schedules and collection tactics.Requirements:college degree in Business, Finance, or Accounting. ... Minimum 4 years in Credit & Collections...]]>
Credit and Collection experience desired. Computer experience helpful.]]>
Credit Associate. Responsible for evaluating credit risk, making recommendations on and/or setting ... Preferred: Requires knowledge of accounting principles, credit and collection policies and procedures, and credit...]]>
collection agency, prepare credit profiles for potential ... basic accounting principles, basic statistical applications and complete understanding of credit/collection...]]>
Credit and Collection Representative MRP: 21093 Location: US-IL-Chicago Posted Date: 12-30-08 ... entry organizations. This position handles credit approval of orders and collection of monies oed to...]]>
collection agency, prepare credit profiles for potential ... basic accounting principles, basic statistical applications and complete understanding of credit/collection...]]>
Credit & Collection Analyst. Responsible for assisting with the investigation and resolution of over and short payments, disputed items, and unapplied payments. Strong organizational...]]>
collection of amounts due for payment. Collect credit report information on new and existing customers to establish credit ... Credit analysis and credit limit establishment...]]>
Credit and Collection Associate for a company in the Pittsburgh area ... Additional responsibilities will include reviewing credit applications and approving/denying lines of credit...]]>
collection agency Prepare credit profiles for potential new accounts Prepare daily ... statistical applications, and complete understanding of Credit Collection laws. For consideration, please apply...]]>
Credit Analyst ... debts from clients and establishing best practice collection procedures. They will also be responsible for...]]>
Credit Rep Supervisor Description Henry Schein, Inc. is the ... Assists management in establishing general credit limit guidelines based on customer credit history, approving...]]>
collection agency, prepare credit profiles for potential ... basic accounting principles, basic statistical applications and complete understanding of credit/collection...]]>
Credit and Collection Clerk I Location Fort orth, TX Duties and Responsibilities Responsible for ... ith account reconciliation, accounts receivable, collection, and/or customer service preferred- Must have...]]>
after that.After you request the company that you want toprovide your report you'll be redirected to specialsite pages set up by each of the three companies.Each will ask you a series of personal questions to validateyour identity; the name of your mortgage lender, the amountof your monthly payment, the amount of your auto loan, etc.Each of the three has a different look and feel:~ Experian has a handy summary report that shows the numberof "potentially negative" items in your report and number ofaccounts in good standing.~ Equifax shows an exhaustive list of accounts, what typethey are, when they were opened, the balance and creditlimit, last payment and account status.~ TransUnion uses a color-coded series of boxes to showwhich accounts are current and which are overdue.All three show who else has been looking at your creditreport, card companies seeking to approve you for acredit card offer, mortgage brokers, lenders trying todetermine the terms of a loan, or existing creditorsreviewing your account.You can choose to just look at the information online orprint the complete report. Your report may be dozensof pages long to view or print.All three offer links for disputing reportinformation or reporting an error. You'll also get theaddress and sometimes the phone number for each individualcreditor, handy if you need to follow up on an error.You are also offered the option of submitting a "personalstatement" where you can explain your report in yourown words. The statement remains on file for two years.Your basic report is free but as you go about gettingto your information, you'll have to contend withmultiple offers for fee-based products and services. You donot have to buy any of them to get your free report.The companies have loaded their pages with offers formonthly credit-report alerts, rankings, homevaluators or score.Summery: Getting Your ReportFree reports can be obtained once a year bytelephone, by mail or online from the official site operatedby Central Source for Equifax, Experian and TransUnion.~ Online: www.annualcreditreport.com~ Toll-free number: 877.322.8228~ Mailing address:Annual Report Request Service, P.O. Box 105281,Atlanta, GA 30348-5281.It will take up to 15 days to process phone and mailrequests.You do not have to pay anything to get your free creditreport.However, if you want to get a score or other extras,you may be charged a fee.Additional reports can be obtained anytime directly from thecredit reporting companies at prices ranging from $9 for onereport from one agency to $34.95 for a combined report fromall three.If you want to receive the reports by mail, you must mail ina request form available on the site of the Federal TradeCommission:www.ftc.gov/bcp/conline/edcams/credit/docs/factactrequestform.pdfFor more information: Check out the FTC's site:www.ftc.gov/bcp/conline/pubs/credit/freereports.htmYou can also make a complaint online at that site address.Credit Report TipsYou don't have to order all three reports at once. Staggeryour requests so you can view your over the year;i.e.: order one report now, the next report in three monthsand the third report in about six months. Then next year youwould be eligible for another free report from the firstcredit company. This currently only applies to those in theWestern and Midwestern U.S. The rest of the county will haveto want until their regional roll-out.If you are planning a major purchase, you may want to getall three reports at once to make sure there isn't anyinformation that might affect your credit.Read the report to make sure everything is accurate. Eachagency has an address or number you can call to reporterrors. If you are disputing an item listed, the creditagency is required to investigate. Inaccurate, incomplete orunverifiable information must be removed or corrected,usually within 30 days. For more information oncredit-report disputes, go online to the Federal TradeCommission at www.ftc.gov/credit.If you have any technical problems, you get kicked off thesite, you never get a report requested by phone or mail, oryou only get one of the three reports you request -- writeto the joint mailing address, Annual Report RequestService, P.O. Box 105281, Atlanta, GA 30348-5281, andexplain the problem.If you have been the victim of identity theft, you areeligible to get a free report from all the agencieseven if you've already received your free annual reportunder the program.If you have complaints about the program, contact the FTConline at www.ftc.gov/credit then click on "File aComplaint." or you can write to FTC Consumer ResponseCenter, 600 Pennsylvania Ave., NW, Room 130, Washington,D.C. 20580. You can also send a written complaint to theofficial credit-report site at the Atlanta address listedabove.Copyright . Steven Presar is a recognized small business technologycoach, Internet publisher, author, speaker, and trainer. Heprovides personal, home, and computer security solutions atwww.ProtectionConnect.com. He provides business softwarereviews at www.OnlineSoftwareGuide.com. In addition, hepublishes articles for starting and running a small businessat www.Agora-Business-Center.com. Be sure to sign-up forthe SOHO newsletter at this site.
Sub Prime Loan Bust Extends To Fair Isaac
Fair Isaac has taken a big hit as many people are pointing the blame for the sub prime loan bust on the FICO credit scoring model. Fair Isaac is also seeing a decline in business due to the current credit crisis that is making the demand for any type of loan product very low. The credit crisis has left many people weary or even unable to get approval for any type of loans which means that less people are having their FICO credit scores checked.
Is Home Loan Forgiveness Worth It?
Many lenders are offering their lendees financial assistance with their home loan by offering home loan forgiveness. For many people who are finding themselves in trouble with paying their bills this may seem like a great idea, but in truth it could be potentially harmful. With home loan forgiveness an amount will be forgiven off the loan itself therefore lowering the payments, but the lender will report the money that is forgiven to the IRS which in return the lendee will have to pay taxes on at the end of the year. A person that is considering home loan forgiveness should carefully determine whether this option is the best for their financial circumstances.
How To Get Out Of Credit Card Debt Faster
It is very easy to swipe a credit card and then find oneself later in a large amount of debt. Many people are unaware that the minimum payment that they are making each month on their credit card is simply not enough and that if they want to get their credit card debt down they need to make higher monthly payments. Another key in getting out of credit card debt is that once the money is paid down on the card it is imperative to not use the credit card and accrue any more debt. If there is a need for financial assistance, using an online payday advance can be more debt friendly than using a credit card.
How Your Credit Card Reflects On Your Credit Report
There are many determining factors that make up a persons credit score and one of the major factors considered is a persons credit card history. Having a credit card or even numerous credit cards is not necessarily a bad thing when it comes to how a persons credit score is scored. In fact, a person with credit cards that pays on their cards in a timely manner and keeps a balance of the card can actually gain a higher credit score than a person who completely pays off their credit card.
The Importance Behind Checking Your Credit Report
The accuracy of ones credit score is very important when it comes to the rates in which a person may receive a loan. Since it is very common for human error to occur when data is being entered on a persons credit report is imperative for people to check their credit report for inaccuracies.
Finally A Cut In Interest Rates
The economy has been hindered recently with high rise in home loan defaults and other economic crisis so when the U.S. Federal Reserve cut interest rates by half a percent, a sigh was heard across America. The recent cut of interest rates means that home loans and auto loans will be available with lower rates. The recent interest rate cut was one waited for four years and has caused economy to show more activity then it has in the past.
Cash Advance Loans Are Great For Vacations
When the situation arises to where you may be trying to go on vacation, but the only time that you can take off from work falls in between paychecks, online cash advance loans can get you the money you will be receiving with your upcoming payday. Online cash advance loans are loans in which can be applied for online and received via direct deposit. Cash advance loans can get you up to $600 from your upcoming payday and requires no credit checks.
Stay Up With Vegas With An Online Payday Advance
Going to Vegas is great, but what happens when you run out of money? With an online payday advance the money you need to continue your vacation in style is available up to $600. An online payday advance allows people to have direct access to their payday when they are on vacation and even when they are not on vacation.
Payday Loans Are Great Short Term Loans
When a need for immediate cash arises, payday loans are the quickest way in which one can acquire the money that they need. Payday loans are loans which can be applied for online and can be used for any financial situation one may have in their life. Payday loans are quick and easy to acquire and allow people to avoid the embarrassment of being turned down for a loan from a bank or family and friends.
Stay On Track With Payday Loans
Payday loans are the perfect answer for any person with any credit situation to get the money they need to handle their finances. When a person needs extra money, the money can easily be attained by simply going online and filling out a quick application for a payday loan. The funds from the approved payday loan are deposited directly into the applicants bank account and repaid in the same manner.
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