In the wake of the financial crisis and the collapse of the housing market, bankruptcy filings have risen dramatically. Despite the fact that bankruptcy was made considerably more difficult by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, by late 2008 bankruptcy rates had returned to pre-2005 levels. This means that there are [...]
I’m sure we can all agree on how important it is to have a good credit rating. This is because your being viewed as worthy of credit is based on this credit rating. A bad credit history or bad credit habits will place “black marks” on your credit profile. Late payments, having an account assigned [...]
To keep the record data of your annual credit report is very essential as the importance of credit reports have tremendously increased to the great extent. These days it is very essential that you must be aware of each and every ups and downs happening in your credit status as it is concern with your [...]
Few people realize how easy it is to get a copy of your credit report or how important it is for you to know what’s on your credit report. As part of the federal Fair Crediting Reporting Act (FCRA), each of the nationwide consumer reporting agencies is required to provide you with a free copy [...]
Credit Card Monitoring – Is It Really Important? Identity theft is becoming a worldwide concern. So many credit card users have fallen as victims of this virtual crime. In the year 2003, there were about 9.9 million cases of identity theft that were recorded. On the following years, this number grew which brought a huge [...]