Identity theft can damage your credit and repairing it is expensive and time-consuming. Read these tips if you want to protect yourself from identity theft.
Never carry your social security card replacement in you wallet or purse. Your Social Security number is the Holy Grail for identity thieves. With this number, they can not only access your accounts, but they can actually you, by using the number to obtain new credit. So imagine what the thieves can do with your credit cards, your driver’s license and your Social Security number. Do not give them that opportunity.
You might be able to either transfer a low balance, high-interest credit card balance to another low-interest credit card, as I said previously. Or, if your debts are really high, you might consider combining the total balances and taking out a mortgage loan or a home equity loan to pay the debts off. You’ll earn a Goliath – sized savings amount between paying 18% interest on credit cards, and an estimated 8% on your mortgage loan amount.
Remember your rights social security card replacement under the Fair Credit Reporting Act. All information MUST be 100% accurate. If you attempt to dispute with the Credit Reporting Agencies, be very careful that you do not write frivolous letters. (means letters that don’t mean anything). If you have documentation to back up your claim or you have a copy of your credit report and you underline those items that you know are not accurate, you stand a very good chance of getting your credit straightened out.
Your identity is already out there all over cyber space, and there isn’t a thing you can do to change that. You will want to take these easy steps to protect yourself and your loved ones.
If you can take a cash advance at a lower interest than some or all of your higher interest credit cards, then you can pay off those balances and save yourself tons of interest debt! Be cautious, though. Some credit cards charge a high fee for transferred balances, so be sure the transaction would be a good deal for you. Make sure you can pay off the balance before a higher rate takes effect too!
They are wonderful people that get paid (by you) to teach you how to budget your paycheck. They then make deals with creditors to take payments. IF THAT is knowledge, than I am the Eiffel Tower in France.
There are many online scams going around. You should never give out your social security number, credit card number, or bank account number to someone that you do not trust. Make sure the company is legitimate before you give out your personal information.