Consumer credit reporting agencies (CRAs) collect credit information on you from banks, department stores, credit card companies, and other types of financial institutions that may extend you credit.
CRAs make money selling the information they have in their databank, including information about your credit profile. Because of this, it is only prudent that you exercise your legal rights as a consumer, know what is in your credit file, make sure they are accurate and challenge it and have it corrected when necessary.
CRAs are required by the Fair Credit Reporting Act to tell you the contents of your file. There are several ways to contact a CRA:
IF DECLINED FOR A LOAN, call the lender who is required by the FCRA to give you the name, address and phone number of the CRA it used in evaluating your loan application.
IF YOU'RE JUST CURIOUS, you can find out the contents of your file by calling the CRA nearest you. They are usually listed in the phonebook under Credit Reporting Agencies.
If your report contains inaccurate information, you may challenge the inclusion of it in your file. One option: If a lender has made an error, point it out to the lender and request that corrected information be sent to the CRA.
When you fly on the commercial airlines of the United States, you are flying on the safest, most efficient form of transportation.
The most important aspect to consider in avoiding a traffic ticket is to be aware of where you are in the current traffic pattern. Many people will tend to slow down for the first two days after receiving a ticket. But a lot of people don't.
Agencies may designate and use 10-40 and above to suit their own needs.
How many times have you heard that you should buy a house because it is an investment and when renting you have nothing to show for it? And that your monthly mortgage check would build equity for you?
Have you ever sent away for something by mail and waited... and waited... and waited? Maybe you didn't receive what you wanted or what you thought you were ordering. Perhaps you didn't receive a reply at all.
Has anyone noticed that the world is growing wickeder and wickeder? I sure have. Can you remember a few years back when human beings would give each other the benefit of the doubt rather than jump to conclusions?
Social Security is a social insurance program that provides old-age benefits for retirees and their survivors, disability insurance for workers and survivor benefits for dependents.
Your social security number is a unique identification. You are the only person who has that number. But did you ever wonder what the numbers in your social security number mean?
It is very tempting to play the lottery. Just last week, there was a lottery in my area that had a grand prize of $110 Million! What you could do with all that money. Unfortunately, the odds of winning that prize were 1 in 54.9 Million.
Simply put, living trusts are an expedient way to transfer property at your death. A living trust is a legal document that controls the transfer of property in the trust when you die.