Credit rights

Another Data Breach This Time a Hotel, How to Protect Yourself

When you check into a hotel or rent a car you are required to present a credit card as security. This reality is troubling in light of the news that a single hotel in Houston reported it had been the victim of a data breach that potentially affected about 10,000 customers.

Posted on December 23, 2016

Credit Report Obstacles, Why We Have to Fight

Improving your credit score is one benefit to undergoing a financial makeover, but for many people it may not be the primary reason. This becomes especially obvious when you learn that you, the consumer, are not a credit reporting agency’s prime customer.

Posted on December 23, 2016

Debt Relief, How to Tell the Good Guys from the Bad Guys

Recent news that a payment processing company agreed to pay more than $1 million to settle a Federal Trade Commission (FTC) complaint is a reminder to all of us to be careful when considering companies or organizations that say they will help you reduce your debt. There are legitimate organizations that will help you, but it can be difficult to tell the difference between a legitimate service and a scam without gathering some information up front.

Posted on December 23, 2016

You Earn the Points, but Credit Card Companies Score the Most

If you are watching television at all these days, you have probably seen the ads that make credit card points look like a real score. In truth they can be. If you use a credit card correctly you can get some real deals by taking advantage of credit card incentives.

Posted on December 23, 2016

Five Tips For Asking a Creditor for a Break

Sometimes the key to reducing fees and interest on an account is simply asking the creditor. Here are some tips on how to pose that question.

Posted on December 23, 2016

Resist the quick credit fixes

Despite several years’ worth of warning and repeated advice from officials of all stripes, companies offering “credit repair” continue to abound. There are steps you can take if you are in financial trouble that can one day help you improve your profile to potential creditors. But a credit score is...

Posted on December 23, 2016

Protect Your Finances from the Target Data Breach

The data breach at Target stores is a nightmare of a Christmas present to up to 40 million store customers. Shoppers at the store between Nov. 27 and Dec. 15 might have had their account data taken, including names, credit and debit card numbers and the expiration dates. The...

Posted on December 23, 2016

A New Year, a New Chance to Review Your Credit

Many people change batteries in smoke alarms when the clocks move forward or back. Perhaps you might try the New Year’s holiday to spark a new tradition, checking your credit report. The process is free, simple and could be an easy way for you to accomplish an easily achievable...

Posted on December 23, 2016

Sample Dispute Letter

Below is a sample dispute letter you can use when contacting the credit bureaus to dispute errors on your credit report. Please feel free to make adjustments to the letter as necessary.   Date Your Name Your Address, City, State, Zip Code Credit Reporting Agency Company Address City, State, Zip Code To Whom It May Concern: I am...

Posted on December 23, 2016

How Freezing Your Credit Report Protects You From Identity Thieves

According to the March 5th, 2013 release by the Federal Trade Commission (FTC), identity theft was the #1 consumer complaint in 2012.  In addition, the FTC’s February report states that nearly one in four Americans have an error on their credit reports that is significant enough to prevent them...

Posted on December 23, 2016