Not too many years ago, before credit reform laws were put into effect by the Federal government, credit agencies like Equifax used what they called a ‘closed system’ of reporting your credit info. What that meant was that we, as consumers, had no idea what their reports had in them and no way to change what they said. There was also no ‘positive’ info listed, only negative, and they were also allowed to include information about a person’s lifestyle including sexual orientation and even past drug problems.… Read the rest
The biggest credit reporting agencies in the United States (and the world in fact) are Experian, TransUnion and Equifax. They aren’t the only ones out there by far and in fact there are literally dozens of smaller credit agencies that provide their clients (banks, lenders, etc.) with risk management services. But, in terms of how strong they are and how powerful their reach, Experian, TransUnion and Equifax are hands down the biggest and most powerful on the planet.
These 3 are the most powerful because they have the largest database of credit info in the entire country. Experian for example maintains the records of over 2/3 of the American population, over 215 million Americans, and the other 2 have similarly huge databases literally brimming with credit info on you, me and all of our neighbors and friends.… Read the rest
One of the most explosive trends in the last 20 years is making money online. There are, to be sure, many different ways to do it. Websites, landing pages, blogging, affiliate sales, making and selling stuff and the list goes on. We have compiled a list of what we believe are the Top 5 ways to make money online although your actual mileage may vary. Remember that there are internet millionaires being born practically every week and, even if you don’t make a mint, working online does have its perks. Enjoy!
Affiliate marketing is one of the best ways to make a living online and indeed many people are affiliate marketers today. … Read the rest
Savings accounts are often bashed for their low interest rates, but they in reality they provide a save haven for your hard earned money. The economy has been in turmoil for the past several years, and despite signs of improvement most people are still unsure if the improvements are here to stay. Inflation is always a concern, but the past couple years have been nearly inflation free, and that could very well continue into the next few years as well. While interest rates on savings account aren’t exactly at peak levels, they do provide a return that is virtually risk free.… Read the rest
Everyone really needs a car if they live outside of a big city and have to make a living. The problem that a lot of people have is that, when they have bad credit, getting a car loan is about as easy as getting to the moon. The good news is that there are some finance companies that specialize in car loans to people with less than excellent credit. You may have to pay a bit more in interest rate if you do but it’s still possible.
Before you do this however you’ll want to clean up your credit report as much as humanly possible and make sure that any debts that have been paid have been taken off and any mistakes that were made have been cleaned up and taken off too.… Read the rest