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Shared mailboxes can assist credit card frauds. Professionals who live in rented accommodation in cities face an increased likelihood of falling victim to credit card fraud, according to new research.

A report from CreditExpert, the fraud prevention service from credit reports firm Experian, found that those who rent in London and Glasgow face the highest threat from the scams.

Other contributory risk factors for an individual include working in service industries, living in council or housing association flats and being single.

These trends are partly explained by the fact that many frauds are perpetrated by criminals who intercept mail containing sensitive data such as credit card numbers.

People who rent tend to share mailboxes with other tenants and switch from address to address more often, therefore leaving themselves more vulnerable to these thefts.

Darryl Bowman, director of CreditExpert, said: “Criminals are switching their focus from the wealthy to people whose details they can get hold of more easily. Full Article…

Latest move from the Experian AutoCheck program now indicates if the vehicle you are thinking of buying was traded in under Cash for Clunkers and should help many bad credit car loan buyers

Used cars and bad credit auto loans

At Auto Credit Express, we’ve spent close to twenty years focusing on consumers with bad credit and helping these customers raise their FICO scores and reestablish their car credit by financing a vehicle with a bad credit auto loan. Along the way, we try to educate our applicants on the loan process, since these very same consumers can find themselves trapped in a loan they can’t afford if they’re not careful.

We know that most of these bad credit auto loan applicants will end up purchasing a used car. But u

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Have you ever wondered about collateral management or do you work with collateral management in your job? This article is designed to help you understand more about collateral management techniques and how to implement them more effectively.

First, you need to understand that collateral is the items, or assets you are using to secure obligations for yourself or your business. Obviously, you want to wisely manage these assets because they will be repossessed if you default on your obligations. In today’s market, a variety of types of securities are often the collateral. Another type of collateral that is often used is cash. Carefully managing collateral is always a wise business practice.

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This article is the seventh of a thirteen-part series that explores the core tenets of Get Rich Slowly.

I struggled with debt for over a decade. I made several attempts to tackle the trouble, but nothing seemed to work. Compulsive spending was part of the problem — I bought anything I wanted, even if I couldn’t afford it — but there was another factor, too.

Everything I’d read gave the same advice for debt reduction: Start by paying off your highest-interest rate debt. I understood the logic behind this, but I couldn’t make it work.

T

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According to the Wall Street Journal

The following appeared in the Wall Street Journal’s November 7-8 edition. If the Nancy Pelosi health care plan passes, here are surprises awaiting the American people.

The following costs were estimated by the Congressional Budget Office:

An individual earning $44,000 before taxes who purchases his own insurance will have to pay a $5,300 premium and an estimated $2,000 out of pocket expenses for a total of $7,300 per year (17% of pre-tax income).

A family earning $102,100 per year before taxes will have to pay a $15,000 premium plus an estimated $5,300 out of pocket, for a total of $20,300 (20% of pre-tax income).

Oh, the fees and costs to Americans have apparently NOT yet been worked out.

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