From: SmartMoney.com - Consumer Action
You probably already know how an inaccurate credit score can cause
you problems ampmdash but what about your ampldquoidentity
scoreamprdquo? Though most consumers arenamprsquot familiar with
this type of rating, itamprsquos increasingly being used by
everyone from car dealers and banks to utilities and wireless
service providers. Much as a credit score attempts to put a number
on how good someone is at paying their bills, an identity score
measures the risk that a consumer isnamprsquot who they say they
are. Companies that sell ID scores say their products serve as a
weapon to combat that fraud by helping to predict the likelihood of
identity theft, which by some estimates cost consumers and
businesses 48 billion last year. Already, such scores are used
before most credit-card transaction...
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A New Number for You to Sweat: Your ID Score
You probably already know how an inaccurate credit score can cause
you problems ampmdash but what about your ampldquoidentity
scoreamprdquo? Though most consumers arenamprsquot familiar with
this type of rating, itamprsquos increasingly being used by
everyone from car dealers and banks to utilities and wireless
service providers. Much as a credit score attempts to put a number
on how good someone is at paying their bills, an identity score
measures the risk that a consumer isnamprsquot who they say they
are. Companies that sell ID scores say their products serve as a
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Advertiser Three Ways to Minimize Your Risk of Identity Theft The
best thing you can do to minimize your risk of identity theft is
ensure that your personal information is secure. It is very often
small acts of criminal mischief that result in years of hardship
for individual consumers. Applying common sense can provide a
measure of identity theft protection.1. Dont leave your financial
paperwork lying around your house. Store paperwork with personally
identifying information in a filing cabinet that is secured with a
tamper-proof lock.2. Never reveal any personal information to
anyone who has called or e-mailed you. Ask them to send their
request to you...
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of Identity Theft The best thing you can do to minimize your risk
of identity theft is ensure that your personal information is
secure. It is very often small acts of criminal mischief that
result in years of hardship for individual consumers. Applying
common sense can provide a measure of identity theft protection.1.
Dont leave your financial paperwork lying around your house. Store
paperwork with personally identifying information in a filing
cabinet that is secured with a tamper-proof lock.2. Never reveal
any personal information to anyone who has called or e-mailed you.
Ask them to sen...
myFICO Promotional Codes
I am not a big fan of purchasing credit scores. I can understand
why a lender would pay to get a calculation of your likelihood of
defaulting on your loan, but if it’s based on our data, why
do we have to pay just to see it? Even if I am declined for a loan,
I can only see my report, not the numerical score that supposedly
defines my financial life. There are plenty of “fake”
credit scores out there, but there is no way to get your real FICO
scores anywhere but myFico.com. If you must order your score, use
the promotional code CPPSAVINGS to get 20% off all credit report
and monitoring services orders. It’s the best coupon I found
that worked:
Whenever you do buy a score, I would ...
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into law this month. Financial reform legislation, otherwise known
as the Dodd-Frank Wall Street Reform and Consumer Protection Act,
requires lenders to show you the credi...
