Credit card fraud is becoming a more and more frequent crime across the US with billions of dollars stolen from consumers each year due to this raging epidemic. Credit card fraud is the result of an unauthorized credit purchase using a stolen credit account. The problem of credit card theft and the resulting fraudulent purchases has become such a frequent occurrence that 1 in 5 people have fallen victim to the crime. Most people do not know what to do if they become a victim of the crime and do not know how to deal with credit card fraud. So what do you do when you have been a victim of credit card fraud?
Few things in life are better than getting your entire security deposit back in your pocket. Okay maybe that’s stretching it a little bit, it may seem like a near-impossible task to get back the entire amount of your security deposit on a rental unit, but it can be done. That deposit cash belongs to you; it is yours so you should be able to recoup most, if not all, of that money back into your wallet.
The Federal Reserve has raised the prime interest rate for the second time this year alone and the seventh time in the past two years. Not only is this the second rate increase this year already, but the Fed is also expected to raise the rate at least two more times before 2019. After meeting for two days, the Federal Open Market Committee held a vote for the increase its benchmark fed rate. This is the sixth rate increase in three years and moves the central bank further away from fiscal policies which helped America regain some momentum in the markets to recover from the recession a decade earlier. This rate increase comes on the heels of a strong economic outlook and the expected rise in GDP.
Repairing and improving your credit score is one of the smartest things you can do, but it’s not easy, and it takes time. If you are going about it the right way you can fix a credit score in about six months, there is no quick fix for having bad credit. After all, it took you years to create the credit problems you have so you cannot expect to correct it quickly. If you want to learn how to repair your credit the right way, then check out these tips we’ve provided for improving your credit score.
When buying a home with a co-borrower, it is essential to know how both of your credit scores can affect your loan. We are going to address issues such as how much the credit score of each borrower affects the loan? Does having a cosigner change how much we can borrow? What about the interest rate? There are numerous areas of confusion around these topics and many others on the subject of home loans with more than one borrower.