How Free Is Your Credit Report?

The Internet is full with free credit report offers. So, you decide to join one since you’ve heard that they really are free. However, you find that it was free for only a week or so! These websites offer credit report monitoring to help see the way your credit score varies in time, which is a great service for monitoring the way your debt balance influences your credit score, but it is not at all free!

According to the Federal Trade Commission there is only one website that provides a free credit report and under government law you can obtain it once a year, the website is This is a central website that was set up by the three nationwide consumer reporting agencies, Equifax, Experian and TransUnion. If you want, you can get one merged report or 3 separate ones over the period of 12 months.

Getting a Free Credit Report More than Once a Year

In some cases you are entitled to get a free credit report even if you’ve gotten one within the time period of one year. The FTC states:

Under federal law, you’re entitled to a free report if a company takes adverse action against you, such as denying your application for credit, insurance, or employment, and you ask for your report within 60 days of receiving notice of the action. The notice will give you the name, address, and phone number of the consumer reporting company. You’re also entitled to one free report a year if you’re unemployed and plan to look for a job within 60 days; if you’re on welfare; or if your report is inaccurate because of fraud, including identity theft. Otherwise, a consumer reporting company may charge you up to $10.50 for another copy of your report within a
12-month period.”

For more information visit the FTC and find Your Access to Free Credit Reports

A Cure for Credit Card Telemarketing Fraud

Thousands of dollars are charged to victims credit card and in some cases scammers apply for a loan under the victims’ names. Unfortunately, credit card scams are rising every day.

Con artists use various methods to deceive and manipulate you, making you believe they are legitimate and convincing you they can help solve your financial situation. For now, we will focus only on one of them, but, once you understand how to apply this Telemarketing Credit Fraud Prevention Formula you will be able to identify if the offer you are given is fraudulent or not.

The Scam or, One of Them!

With the financial situation these days and the competition among credit companies, more and more people are applying for lower interest rate credit cards. Criminals take unethical advantage of the situation.

A recent method identified by the Federal Trade Commission shows con artists pretending to be financial institutions offering you a lower interest rate on your credit cards. Striving to live a financially balanced life and with temptation of the “best deal till now”, you decide to take action. Unknowingly you are caught in the “fraud net” and before you realize what really went on, you get your monthly bank statement only to see that you’ve applied for a $5000 loan without a dime left in your account, bought a car that you never drove and even paid for expensive gourmet meals that you’ve never tasted.

A Recorded Scam Attempt

The video below is a recorded fraudulent conversation where the criminals offer a consumer a low rate interest card offer. View to see how the criminal “phishing” for the victims private credit details.

Developing the Formula

After doing proper due diligence and by researching governmental, educational websites, this and other videos over the internet covering the topic of credit card fraud, I’ve identified specific patterns con artist use to disguise themselves, gain your trust and “phish” for credit information.

One of the most interesting things I found is that scammers will always find excuses to why they can’t give you there office phone number or in some cases they’ll give you a cellular phone number (making sure they can’t be traced). A trustable and respected financial institution will have a toll-free number 99.9% of all times.
Besides if it were a legit offer the company could supply you with alternative ways of entering your credit details rather than just shooting out “so, what your credit card number?”

These facts opened my eyes! I decided to create a formula anyone can apply to reduce and prevent telemarketing credit fraud – guaranteed!

Ask These Questions to Prevent Credit Card Fraud.

If they are too persistent about your credit card details or your personal information try to find out if you can get in touch with them directly by phone.
A polite, yet straight forward question to ask would be something like:

You caught me at a really busy time, let me get back to you in a few minutes – What’s Your Telephone Number?

That alone will catch them off guard. Make sure you get a number!
A legit company would naturally have a 1800-, or fixed land line telephone number for customer service, wouldn’t they?

In other words… if the crook’s answer resembles anything like “you can’t contact us”, or, “we contact you” their offer is 100% Bull S*** and even if the offer were legit, I personally wouldn’t want “long term financial services” from a company that doesn’t have a customer care center, would you?

If they did give you a 1800 number most likely the company is legit. However, make sure you write down the number and call them back. It’s very important that you call them, this way you know that you can really get in touch with them.

I don’t give away my credit card number or credit details over the phone, what solution do you have for people like me?

I love the 21st century everything is digital. Just to let you know today: you can touch tone your details keeping them safe, 128 SSL Encryption online or the old fashion way of visiting the office. You must get an alternative than just shouting out your credit details over the phone.

I want you to really grasp this! Credit card companies pay thousands of dollars for alternative ways there clients can enter their credit details and keep them safe.
So there isn’t any reason on earth you should deal with a company that doesn’t offer you safer ways to enter your credit details, right?

The company would, at a bare minimum, give you an address where you can visit them as well. If you didn’t get one after asking, or, got a cluttered answer, I advise you to hang up the phone, what do you think?

Conclusion: Control

The whole idea behind this credit fraud prevention formula is to identify weather the offer is legit or not. By asking questions you are doing 2 things at once:

  1. Taking control of the conversation
  2. Showing the Crooks that you won’t be fooled

Remember you don’t need to be polite when you feel someone is trying to take your money, stand up for what belongs to you and ask the questions with full confidence. A legit company would appreciate you asking these questions. It only shows that you care about yourself and your financial well being.

By now you might have a few questions that you see better to ask, if you do, by all means, post them. Your questions can help more people prevent credit card debt!

Government Debt Consolidation

Is debt consolidation right for me? How do I choose a company?

Unfortunately, many Americans who owe money to several deferens creditors with different interests rates. This makes it difficult for people to its budget and pay each creditor each month in time. Consolidating Debt is an ideal route to go if you fall into this same situation. With debt consolidation can lower your interest rates and reduce your monthly bills. The company will combine all your debts into one monthly payment. This often saves hundreds of dollars each month. This can be an invaluable service to any person who simply has too many outstanding debts with different interest rates.

With so many services floating around claiming to get rid of debt, many consumers are confused about what to choose. The main services to relieve consumer debt are debt settlement and debt consolidation. Debt settlement It's a good idea when you can not pay all your monthly bills and only have to solve them for a great discount. Debt consolidation is a good candidate, while still can afford to pay their bills, however, want to reduce your monthly payments and interest rates and consolidate all into one low payment. It's important for consumers to provide step back and evaluate your situation to determine the best route for them. Many reputable companies can also help reach the right conclusion. Consolidation debt can be great for some people and not rights of others. The situation depends largely on their unique circumstances.

If you decide to consolidate Debt service is right for you, the next step is to determine which company can best help. Attorney always seem to be the best option to consolidate their debts to the legal terms. It just makes more sense to hire someone who has knowledge, both in the consolidation Debt and the laws governing debt consolidation in your state. With That being said I hope this article has at least reduced their choice of company consolidation debt to those who have their personal lawyers. Other things to consider about debt consolidation companies is how long it had been established, its http:> BBB "target =" _blank ">"> BBB (Better Business Bureau) of registration, and rates. As you can see there are many things to consider when choosing a company. Some charge too much, but other large cargo services too little and do nothing to help. The trick is finding a company that charges modest rates and still produce positive results for you.

About the Author:

The website of Smith & Gromann, P.A. is a multistate law firm whose practice is limited to federal consumer and banking law under which the credit reporting system operates. The firm provides cost efficient legal representation in disputing inaccurate, incorrect or unverifiable information contained on credit reports from the three major credit bureaus, Equifax®, Experian® and TransUnion® and their affiliates. The firm also provides legal representation to victims of identity theft. Visit for more information.

Article Source: ArticlesBase.comIs Debt Consolidation Right for Me? How Do I Choose a Company?

Qualifying For a Student Loan When Labeled As Bad Credit

If you’re having trouble qualifying for a Student Loan due to your “bad credit status”, there are still certain actions you can take to get approved. First try to get one of the federal student loans available. Be sure to do this properly, meaning, apply for all loans offered by the government, before applying for a Private Student Loan.

A PLUS loan can be suitable for you if your parents have better credit ratings than you and are willing to help you, by taking the responsibility of borrowing the needed money for you.

No Success with Federal Student Loans, Are Private Student Loans OK?

Defaulted federal student loans are one of the main reasons for not getting approved for a federal student loan. Bad Credit is not an issue when it comes to federal loans. The lender assumes that the student will go from high school to college and therefore, could not build a credit history. If you’ve tried and for any reason your student loan application was declined, a private loan for a student with bad credit can be the next best solution for you.

Private student loans for students with bad credit ratings will naturally carry higher interest rates than federal student loans or private loans for excellent credit ratings. Using student loan payment calculatorswill help you compare offers for different online lenders and by choosing a proper student loan repayment plan you might even be surprised of getting an attractive student loan offer.

School is Over, Why Stay Stuck with Bad Credit?

Once you’ve graduated, grace period (lasting up to 9 months depending on the loans you have obtained) will begin. During this time you can start looking for a job and choose your student loan repayment plan. If you have borrowed a minimum of $7,500 in more than one student loan, joining a student loan consolidation program will be beneficial. Not only will you benefit from a fixed, lower monthly interest rate and payment but, consolidating your student loan debt will also improve your bad credit ratings.

Government Credit Card Debt

Everyone needs credit cards these days because most of the payments easily and securely made through credit cards. Application Credit card is very easy and get the card is much easier. The hard part is the repayment of the loans in time. Users are generally not aware of how much they spend when using credit cards instead of real money. Credit card debt is very difficult to manage and very difficult to recover.

Credit card program offered by debt consolidation companies are many debt consolidation and even airlines credit card can be very helpful in solving all your credit card debt. Following this program you can use credit card debt consolidation loan to clear all outstanding credit card. Especially when you are stuck with a lot of credit card loans is essential to contact the credit card program debt consolidation.

Many systems of government will also provide the card credit non profit debt consolidation aid helpless people suffering from the clutches of debt collectors credit card, whose harassment constants can be very frustrating and depressing for credit card holders. The credit card debt consolidation program will erase all these difficulties borrowers. There can be only a few options left for a credit card debt and bankruptcy, the choice of a payment of duty to consolidate debt or go card debt credit counseling.

Bankruptcy is a very difficult decision to make and also was not allowed to borrow more or debts. Rather choose to get help for adequate healing. These programs consolidate credit card debt credit will help you file a reorganization plan feasible in the credit card debt consolidation company contacts credit companies cards for their sake, and even try to get lower credit card payments. You can pay your credit card debt by consolidating of their loans into one loan to pay easily.

The credit card debt consolidation program will provide valuable assistance to manage your budget and your finances each month. Moreover, the loans offered charge very low interest rates and therefore, it is very easy to pay back every month, without feel the additional effect on their monthly pay slip. Donâ € ™ t hesitate or wait to think twice before you choose a consolidation program. Every moment counts as interest rates soar debt every day. Donâ € ™ t expect the consolidation to act now.

About the Author:

Debt Consolidation World is an online informational resource center with articles providing in-depth knowledge about Debt Consolidation. Go for a Credit Card Debt Consolidation Program to consolidate credit card debt and take away the burden from your shoulders.

Article Source: ArticlesBase.comCredit Card Debt Consolidation Program – Consolidates the Loans, Diversifies your Dreams

Government Debt Consolidation Loans

Consolidation Loans Unsecured Debt

Looking for consolidate credit card and other debts? If you have not already, go online and you will find that many options are available on the Internet to help better their financial situation by consolidating your debt. If you want a debt consolidation loan with a little research should have no problem in locating one on the Internet if you have a good idea what kind of loan you are looking for. In this article you will find information to help in this effort to talk about some of the loans that are currently available online.

When you're trying to get a consolidation loan debt you have to qualify like any other type of loan. If you are lucky to already have a home of her best option in this situation could be to take a home equity loan. With certain types of capital loans may be eligible to borrow a sum beyond the amount capital from its owner.

If you do not want their capital tied up in this way, you have to invoke what is called an unsecured loan. With this type loan to put all your debt into one monthly payment without the risk of losing any of its current capital.

Many companies have plans in place that will help the individuals to manage their debt situation without having to obtain a loan. It is usually a small fee for such service, but certainly these companies have the know-how to negotiate interest rates for you and help you get in a situation of control of your monthly payments too. Each company is different in this and each program has its own method. In general, these plans will save money by reducing the interest rate so that more of your payment goes towards the principle of balance.

You will find many very reputable companies that offer a good value but do not forget to do your due diligence through research and even consult with the Better Business Bureau before signing any contract with a company.

These are just some things you can do what you start taking steps to consolidate their debt. With a little research you'll find out a solution that can be easy and simple. Furthermore, getting to be done now will relieve you of the worries of not being able to do several loan payments separately. Ease this tension will help you live a little happier.

About the Author:

John is a DJ and radio producer by trade who has performed in the U.S., Russia, Turkey, Macedonia, Serbia & Kosovo. Through a strange twist of fate he found himself working in the debt consolidation and debt settlement field in Chicago. John has a great interest in charity work as well.

His other interests include fitness, science & technology, modern medicine, poltics, world events and pop culture.

Article Source: ArticlesBase.comUnsecured Debt Consolidation Loans

Government Help With Credit Card Debt

Credit card debt counseling aims to provide a way for the credit card holders to handle large debt accumulated that creep up unnoticed. The high interest rates and penalties for late payments makes it often difficult to manage.

The best way to manage card debt credit is to enter a weekly payment mode. It is much easier to clean the money spent on weekly rather than the full monthly bill. Moreover, an advantage to pay the weekly amount spent is that it reduces the general interest in the cards because the credit card companies literally charged on the balance per hour. A weekly account of the credit card seems also reduces the amount of interest on credit cards because credit cards charge interest, literally by the hour. Similarly, the weekly account credit card seems less overwhelming to a monthly bill.

The owner of the credit card also can seek advice from the Consumer Counseling Center of America, or a list of credit counseling services. These organizations are autonomous, nonprofit helping people in dire financial straits. Counselors will review the amount of debt and develop an appropriate action plan to reduce debt. Will contact your creditors to negotiate interest rates with the aim of reducing the rate and monthly payments. The CCCA, in particular, has other services such as pickled overdue accounts to date, probably ending harassment by creditors, maintaining current payments also help your score credit and settlement of overdue loans and credit accounts.

You should exercise financial discipline in order to receive the benefits of an organization as CCAQ, including curbing impulse buying. No counseling service will succeed by avoiding unnecessary expenses and fees of credit cards. Effective action to take is to close all credit card accounts card waiting for use in emergencies and this card should have retained an interest rate low credit limit. Another good plan is to transfer credit card balances to a company that offers low interest rates, but the monitoring of transfers rate of 0% interest. Often these fees are part of a promotion and ending thereafter return to the high rate. However, the time period offering a low interest rate is a good opportunity to reduce the total amount of debt because their payments will apply to your principal balance compared to payment interest rate. Consolidation of credit is another option to consider, but beware of similar high interest rates associated with credit loans.

However, when choosing a counseling service, be careful when dealing with companies promising to eliminate your credit card debt with a small fee. The background research organizations before accepting their help. Ultimately, however, the holder of the debt is the most appropriate to reduce its debt. Create a realistic budget and stick to it. You need not worry about credit card debt or other credit loan and live a life free of debt.

About the Author:

Concentrating on informating about credit consolidation, Ray Walberg is publishing mainly for
. You might come across his comments on
credit counceling
over at

Article Source: ArticlesBase.comCredit Consolidation May Help Reduce Credit Card Debt

Government Debt Consolidation Loan

Debt can cause a lot of misery, so that a free debt consolidation loan is a good choice. Through a consolidation loan can conveniently pay existing loans after its merger into one loan at low interest. Most borrowers in trouble because of impulsive spending and excessive use of credit cards. The credit card loans are short term and high interest rates. This makes it more difficult for most debtors to pay them. The longer it takes you to repay loans, the largest of the penalties and interest that will accrue.

How get a debt consolidation loan free

This loan can be used by anyone, no matter how bad your credit report. This loan helps you avoid bankruptcy. You need not fear creditors knocking at your door well, your debt consolidation company to negotiate with them on their behalf.

Once your debts are merged into a single debt at lower interest rates, you must find the funds to pay them. For this you can either save their income, changes in their lifestyles and pay the monthly fee, or take a consolidation loan to repay the loan.

While it is relatively easy to get free advice from debt consolidation, you may have to search harder to find free debt consolidation loan. You should start by looking at organizations subordinate to the government because they are more likely to provide better help credit card debt consolidation if they can not afford to hire a debt consolidation company. These organizations can not offer consolidation loans or even negotiate with your debtors, but surely give instructions on how to approach your debtors on your own.

Credit Card Debt

Debt consolidation will help to achieve your goal of freedom from debt faster. You have the benefit of lower interest rates and loan period. Credit cards are the main responsible for the majority of people in desperate debt because they have a high interest rate. Several credit cards add to the problem of debt.

If you have difficulty paying their debts, or face potential bankruptcy, start looking for a loan now debt free. You can make a difference between financial ruin and a happy, secure future.

If you can not hire a company to consolidate debt, for the government and the non – profit organizations to help you. Through a free loan debt consolidation can pay their arrears.

About the Author:

Credit card debts are a major cause of financial ruin, use the services of a free debt consolidation company or look for a free debt consolidation loan. For more details visit Free Debt Consolidation Help.

Article Source: ArticlesBase.comFree Debt Consolidation Loan: Getting Out of the Debt Trap