Internet Banking - Are You Online? Internet banking has changed the way we manage our money forever Instead of having to call the bank, go there or wait for a statement to find out how much money we’ve got or where it’s all gone, we can now just log on at the bank’s website and find out instantly It’s a huge money and time saver, for both the customer and the bank Yet Internet banking has had a bad press recently, ...

Big Brother Is Watching In recent years there has been increased emphasis of the need for financial service providers to “Know Your Customer” This has come to refer the need to obtain satisfactory proof of identity and address documents and to take up references and may in some cases have obscured the necessity for such persons to have a greater in depth knowledge of their clients, their assets and their activities Why, you may ask? One reason is that such ...

Identity Fraud Precautions Consequences of Identity Fraud In most parts of the world, identity fraud is the fastest growing offence Yet, in the USA, a longitudinal 2005 study by Javelin Strategy Research showed that the crime had decreased since a 2003 study from the Federal Trade Commission was released in 2003 The most current US Javelin data also showed that 93 million persons, being 425% of all adults, are victims of identity fraud on a yearly basis In the United ...

Check Bureau If you thought the credit bureaus were invasive of your privacy, you don't want to read about the latest bureau to appear, and it's been around for several yearsYou know how someone watches everything you do when it comes to your credit cards and use of other credit items? Well, there are organizations out there that are watching all of your bounced and returned checks and those other overdrafts created by your debit and ATM card useIf you ...

Phishing Is Bad, Very Bad In This Digital River If someone has not explained it to you or you haven't heard about phishing (identity theft) and it's horrors then please pay close attentionA very astonished client found out way too late that their teenage daughter had received an email that claimed to want to verify her parents credit card information and that they were an authorized Mastercard representative She had used mommy's card before and new where it was so ...

Disclosure Credit Cards Credit card providers are obligated under the law to protect their clients' identity and information Recently, California courts laid a lawsuit on one of the leading card providers for negligence in security According to various reports, more than millions of people were robbed of their identity, due to negligence of the card providers Therefore, understanding disclosure on credit cards is essential, since your Identity is at risk To make matters worse, the company-pending suit neglected to inform their cardholders that their identity was at risk The ...

Comparing Credit Card Offers Following the changes to the credit and loan industry that went into affect in October 2005, you may be noticing an increase in the number of credit card offers you are receiving in your regular mail and on the Internet The banking industry was able to secure changes to the bankruptcy laws that will make it harder for you to file for bankruptcy It will be more important for you to be careful with the credit card applications If you've been in the ...

Getting A Fast Loan Online In this world where it seems like everything needs to be done right now, being able to get a fast loan online is a definite convenience Unfortunately, many individuals don't know exactly how to go about getting a fast loan online or whether or not getting a fast loan online is safe They may wonder about the possibility of identity theft, as well as whether the loan would be as expensive as a loan from a bank or finance company Below, you'll find ...

Credit Cards And Identity Theft As more and more Americans become reliant on credit cards in their daily life, identity theft is growing Identity theft is when someone uses your personal information without permission They can obtain credit or use your existing credit to put you in a serious financial crisis Prepaid credit cards may be an option for someone who wants to avoid identity theft Prepaid credit cards are a credit card that you add a certain amount of money to These cards do not have ...

Credit Reports - Errors Can Be Costly In today's society, we can't function without credit We need it to pay bills, borrow money, and to buy our homes and cars A luxury of the current age is that credit is often granted easily and quickly, a result of years of automation and refining of record keeping The glue that holds it all together is the credit report, a document made available to lenders by the three major credit bureaus When an individual applies for credit or ...