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Your credit report defines your financial existence. The three digit score can keep you and can devastate you as well. There is no need of unnecessary panic. This was just to start a conversation by raising an alarm.

Here goes the five guidelines:

1) Check your credit report

Annual Credit Report [dot] com provides you with free credit reports from all the three bureaus Equifax, Experian, TransUnion. Order it for free once in a year or you can call 1-877-322-8228 for ordering free report. Read the report thoroughly and check all the items both relevant and irrelevant. This enables to find out any probable inaccuracy.

2) Dispute incorrect items:

The first point of contact should be the credit bureaus for any mistaken item in your file. Rather than disputing online send a certified mail with your complete name and address. Write meticulously regarding each item that you dispute and the reason. Request for early correction of the items. Usually it gets done within a month.

To know the other guidelines go ahead Read the rest of this entry »

Just imagine…You have bought a new Ford Mondeo. And the first time you rode the car, you went to a shopping mall along with your family. There you left your car in the parking zone. As soon as you came back you could not trace the car from the parking zone. What can you do at this point? Get harassed and contact sate insurance fraud bureaus or else contact the national insurance bureaus. This way you may or may not get a solution. If you do not get back the car what can you do? If the car cannot be traced, can you help yourself anyhow?

Many a times, such problems creep up amidst our fast life. We are hassled, we keep thinking as to what would be the best way to prevent such issues? The National Insurance Crime Bureau has framed a formula “layered approach” to prevent such happenings. They have segregated these prevention policies, primarily into two distinct divisions:

• Common Sense.
• Prevention Devises.

To know more refer to the article How to prevent car theft?

A debit card is a plastic card or a credit card without debt. The word debit means “ to subtract ” and, as the name suggests, when you use your debit card you are subtracting money from your account. Unlike credit cards, debit cards allow you to spend only the amount that is in your bank account. Debit cards look like credit cards but operate like personal checks as the money is directly pulled out from the card holder’s bank account.

Most of the banks offer the following types of debit cards:

* Cards designed solely for ATM withdrawal (PIN required)
* Cards that allow ATM withdrawals as well as purchases (signature required)

Read the rest of this entry »

Its New Year time and we’re all busy with the celebrations and the excitement.

There are parties, crackers, lights, sounds and what not!

Well, while we enjoy the advent of a new year, let’s make a promise to do good to all and make our parents proud of ourselves.

I’m sure you’ve all made some resolutions and hope you do your best to stick to it.

Good luck to all our readers and blogger friends.