Loan Table
Use this to calculate the results of loan amount, interest rate and monthly payments. This is also a valuable exercise to see what a higher credit score resulting in lower interest rates means in dollars and cents.
Right click here to download. [Requires MS Excel.]
Identity Theft
Identity theft is one of the fastest growing crimes. Everyone needs to know how to protect themselves and what to do if they are a victim. Read how here.
News & Articles
Millions of Americans Jeopardized by Inaccurate Credit Scores
Millions of Americans could pay more for - or be denied - credit, insurance, or utilities because of inaccurate credit scores, according to a new study of Credit Score Accuracy and Implications for Consumers, released by the Consumer Federation of America and the National Credit Reporting Association. Read more here…
FTC Recommends No Action For Credit Bureau Reform
Consumers should not expect much help from the FTC in requiring more accurate information from credit bureaus. However, the report notes that as credit reports gain prominence and consumers become more aware of the need to check their accuracy, the market appears to be responding to some of the concerns expressed in Section 318. We can only hope so – as the FTC continues with yet another “study.”
Read more here…
Consumer Alert: Debt Collection
Imagine the frustration when a debt collection company comes after you for an old loan or credit card bill you thought you paid off years ago. The collection agency insists cough up the cash immediately. Watch out! If you offer to settle, you may end up in big financial trouble! Read more here…
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