After tragedy strikes or during the holiday season, you may feel inclined to donate to a charity that you want to support. Scammers know that people will be more determined to donate to charities at this time, and so they create fake charities in order to feed off the generosity of others. They will then […]
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Debtor vs. Creditor- Who They Are & What The Difference Is
What is the difference between creditors and debtors? If you’ve ever had to take out a loan or a similar form of credit, you’ve likely heard the words “creditor” and “debtor” used to explain the account. But sometimes these terms and their meanings can be confusing. Being informed of what creditors and debtors are and […]
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How To Freeze Your Credit – For FREE
After the 2017 Equifax data breach, American consumers everywhere wondered how they could protect their personal information from identity theft. Some placed credit freezes with Equifax, TransUnion and Experian; however, this often came with a fee that many consumers didn’t want to pay. In a national survey, NerdWallet found that 71% of Americans had growing […]
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What to Know About Alternative Credit Data, Reporting and Scoring
When someone applies for a new credit card or loan for a new home or car, the lender will review the applicant’s credit history to determine their approval or denial of the loan. But what happens if this is the applicant’s first loan? What if the consumer doesn’t have much credit history yet? What Is […]
