To help rectify their security breach problem, Equifax is now offering consumers one free year of cyber security monitoring and credit file monitoring to all U.S. consumers. You are eligible for this service whether you were impacted by the security breach or not. This product is called the TrustedID Premier and it includes 3-Bureau credit...
Do you ever wonder what’s the difference between a credit file lock and a security freeze? Thanks to Equifax, we have the answer. There are many differences, but there are many similarities too. On a basic level, they both stop new creditors from accessing your Equifax credit report. The only way they get access to...
Today, Equifax announced that it was hit by a cyber security attack. The attack could’ve impacted about 143 million U.S. consumers. The perpetrators gained access via a U.S. website application vulnerability to certain files. The incident occurred between May 2017 and July 2017. According to the agency, there’s no evidence found of unlawful activity on...
Before looking for a new house, you should do everything you can to prepare. Just a little bit of preparation can go a long way in eliminating surprises on your rate. The first thing you want to do is check your credit report. You may want to do this at least six months in advance...
Yes, it possible for anyone to repair their own credit. You can get one free credit report a year with AnnualCreditReport.com, getting a copy is the first step you should take. Then, you should check for any mistakes on your credit report. Mistakes on your credit report isn’t an uncommon thing unfortunately, which is why it’s important...
There’s probably two things America’s dread the most poor credit scores and debt. Debt is a big issue but nowadays it’s becoming easier to pay them off than ever before. Many credit card issuers now offer cards that make it easier to pay off your debt in no time with no interest, no balance-transfer fees,...
Credit cards aren’t always the best option when it comes to making purchases. The reason being is that it can put you in a heap of debt. For this reason, you should never pay your household bills with a credit card. If you don’t pay the full price each month, the price of interest can...
There are so many factors that can decrease your credit score. One in particular is your credit utilization rate. Your credit card utilization rate is the ratio of your credit card debt to your total credit card limits. Now, if you decide to close any of your credit cards, it could cause your ratio to...
If you’re thinking about canceling old and unused credit accounts, that could be a great idea. Especially the ones that are still charging you fees. But, before you just up and close your accounts, there are a few “don’ts” to consider. For instance… You don’t want to cancel the oldest account on your report. This...
In some cases it can be a great idea to cancel old and unused credit accounts. Especially the ones that are still charging you fees. But, before you just up and close your accounts, there are a few “dos” to consider. For instance… You should close the card that you aren’t using that is costing...
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