Employers Requested Fewer Background Checks
Employers Requested Fewer Background Checks Credit Report by John Ulzheimer Share Share Email There has been much discussion about the use of credit information and background checks to screen job applicants. Some states banned the use of credit reports for employment purposes, except for jobs in which it is applicable such as handling money and […]
Do I Need To Worry About My Credit Reports if I’m Not Applying For A Loan?
Do I Need To Worry About My Credit Reports if I’m Not Applying For A Loan? Auto Loans by John Ulzheimer Share Share Email You may have all the credit cards you need, including a mortgage and a car loan. Why should you be concerned about your credit? You have no need for any additional […]
Do credit scores consider information not on my credit report?
Do credit scores consider information not on my credit report? Auto Loans by John Ulzheimer Share Share Email Credit scores are based upon information on the credit report. This is the only information used to predict credit behavior. The next question is, which data is and is not included in a credit report? Data normally […]
Are Debit Cards and Prepaid Debit Cards the Same Thing?
Are Debit Cards and Prepaid Debit Cards the Same Thing? Credit Cards by John Ulzheimer Share Share Email The prepaid debit card industry continues to do a masterful job convincing people that their product is a better option than a credit card or a well managed checking or savings account with a bank or credit […]
Are There Downsides to a Reverse Mortgage?
Are There Downsides to a Reverse Mortgage? Credit Report by Maria Shahid Share Share Email If you’re age 62 or older with lots of equity in your home, you probably already know that there are several ways to get at that money. One option is a reverse mortgage. Some financial advisers will tell you categorically […]
What scams should I be aware of resulting from a disaster such as Hurricane Sandy?
What scams should I be aware of resulting from a disaster such as Hurricane Sandy? by John Ulzheimer Share Share Email Now that this hurricane is somewhat of a memory, there is much assistance needed for the victims. There are generous and giving people that want to help by donating money to those in need. […]
5 Ways to Protect Your Credit & Identity During COVID-19
5 Ways to Protect Your Credit & Identity During COVID-19 Credit Cards by Maria Shahid Share Share Email The economic crises we are facing is unprecedented. It’s challenging to ascertain what the future holds with over 20 million job losses in the United States. People are anxious, stressed out, and worried about their future. Although […]
What’s a Mixed Credit Report?
What’s a Mixed Credit Report? Civil Penalty by John Ulzheimer Share Share Email In late July 2013 a jury awarded an Oregon woman $18.6 million over Equifax because of errors on her credit report. Her issue…she had a credit file that was mixed with that of another woman, who happened to have poor credit. So, […]
Are Checking Account Fees Going Up?
Are Checking Account Fees Going Up? by John Ulzheimer Share Share Email MoneyRates.com conducts a semi-annual study on banking trends on checking and Automated Teller Machine (ATM) charges in the U.S. The latest study was conducted in July 2012 and revealed that checking account fees at banks increased in every major category, compared to December […]
What Credit Scores are Needed for Different Types of Loans
What Credit Scores are Needed for Different Types of Loans Credit Report by David B. Coulter Share Share Email Credit scores and reports can be complicated subjects to understand. After all, it is not something that we are taught in school, nor is it something that there is a great deal of public information on. […]