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Credit History and Insurance Premiums

Credit History and Insurance Premiums

| February 26, 2011 | 0 Comments

Most states allow insurance companies to review a policy holder’s credit report and credit scores and use it as one of the factors for calculating insurance premiums. The question then becomes: Is credit history a valid basis for determining whether or not a policyholder will file a claim? Validate the Credit Source One of the […]

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Scams, Fraud and the Elderly

Scams, Fraud and the Elderly

| June 9, 2010 | 0 Comments

It is extremely unfortunate that there are groups of people who prey upon senior citizens. These unscrupulous people worm their way into the lives of the elderly and pretend to become their friends. These scam artists are particularly effective with lonely senior citizens who live by themselves. Their grown children no longer live nearby, many […]

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Timely Bill Payment is Crucial for Improving Credit Score

Timely Bill Payment is Crucial for Improving Credit Score

| April 25, 2010 | 0 Comments

Paying your bills on time is probably one of the most important habits to get into if you want to improve your credit score. As much as 35% of your credit rating is based on your bill payment history. Your credit can take a big hit if you’re constantly late on your bills. If you’re […]

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Credit Scores:  What is Debt Ratio?

Credit Scores: What is Debt Ratio?

| April 25, 2010 | 0 Comments

First let’s start by saying that your debt ratio is different from your debt to income ratio. Your debt ratio is the ratio of the amount of debt you have outstanding to the total amount of debt you have available to you. The lower your debt ratio, the better it is for your credit rating […]

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Disputing Errors on Your Credit Report

Disputing Errors on Your Credit Report

| April 16, 2010 | 0 Comments

If you reviewed your credit report and found errors on it, it’s not the end of the world. The good thing is that you found the errors and now you can get to correct them. There are actually two methods in which to dispute errors on your credit report. The results are the same, but […]

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Get Your Free Credit Report from the Right Agency

Get Your Free Credit Report from the Right Agency

| March 30, 2010 | 0 Comments

When it comes to getting your credit report, did you know that only one website is authorized to provide the free credit reports you are entitled to receive by law? That site is AnnualCreditReport.com. According to the Federal Trade Commission, be wary of other sites offering free credit reports. Some of them advertise that they […]

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How to Review Your Credit Report

How to Review Your Credit Report

| March 30, 2010 | 0 Comments

If you listened to my advice in my earlier article you have a copy of your credit report. Now it’s time for you to review it to make sure that everything on it is correct. Back in 2004, a survey was done by a US organization named PIRGs, 79% of the survey respondents had incorrect […]

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How to Calculate Interest on a Loan

How to Calculate Interest on a Loan

| November 4, 2009 | 0 Comments

Back in the old days, calculating the interest rate on a loan was something that required a pen, paper and a lot of time using a calculator in an attempt to understand how the lending institution arrived at the monthly payment figure. The internet has changed things and now it is much easier to calculate […]

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Locating Legitimate Credit Counseling Services

Locating Legitimate Credit Counseling Services

| January 10, 2009 | 0 Comments

As a result of the economic conditions, many people find themselves in need of credit counseling. Seeking financial advisement is a wise decision, but you’ve got to do your homework to ensure the credit counseling agency is legitimate. Below are a few things to look for when seeking help in getting out of debt. Review […]

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NYC Debt Collection Laws

NYC Debt Collection Laws

| October 21, 2008 | 0 Comments

New York City has put in place some of the toughest debt collection laws in the country. With the unfortunate downturn in the economy and the rising inability to pay outstanding debts, it’s time for New York City residents to understand their rights when it comes to debt and debt collection practices. Make Debt Repayment […]

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