Tag

credit

Browsing

Young adults in America are currently saving more money than before based on recent information provided by financial institutions like America Saves. However, almost half of young adults that range from the ages of 18 to 35 are not saving money. This urgent issue must be addressed since the earliest that a person starts to save money, the better quality of life he or she will have later in life. It’s never too late to…

One of the biggest concerns that many people have right now is identity fraud. There is good reason for concerns about identity theft: It’s the fastest growing crime. Whether someone uses your name and address to open a line of credit, or whether you credit card number is hijacked, identity theft is a very real concern. One way to protect your identity it to get a credit freeze. It won’t stop someone from using your…

One of the consequences of the recently enacted Credit CARD Act is that many credit card issuers are changing some of the terms of their agreements. This can include providing you notice that they are changing the fee structure, as well as changing your interest rate. It’s true that credit card issuers aren’t supposed to raise interest rates on existing balances (except in a few cases), but they can up the interest rate on your…

You have probably heard that the fastest growing crime in the U.S. is identity theft/fraud. Identity theft can have financial consequences for, you resulting in fraudulent credit accounts opened in your name, or charges to your credit (or worse, debit) card that can cost you money — especially if you don’t catch it fast enough. While there is no full-proof way to protect against identity theft, you can limit its negative effects on you if…