As more of us shop online, share updates on social media and attend conferences across online platforms, scammers are enjoying a golden age. For proof, look at the 14 million victims of identity theft in 2018, which resulted in a total of $1.7 billion to hackers. Identity thieves are increasingly sophisticated and always relentless, ready…
Since the launch of the first reverse mortgage in the USA in 1961, homeowners have benefitted from this avenue for releasing equity from their home to cover retirement costs or other expenses. The popularity of these loans may have peaked around 2008, but they are still heavily promoted on TV and in media targeting senior…
You have to give hackers credit: They never stop coming up with new and nefarious ways to steal your identity or commit credit card theft. That’s why it is crucial to stay one step ahead of them. Wondering how to protect yourself? Learn the different methods hackers use to steal your personal information, and take…
Not only does your credit score evolve (typically covering six-year periods) as your borrowing and payment history matures, it’s also determined by three potential sources that report varying numbers based on different types of credit scores. It’s important to know that not all lenders use the same scores, and there’s plenty you can do…
While most borrowers are concerned about the single number that measures their credit risk — the credit score that ranges from 300 to 850 — it’s worth your while to obtain your 3-bureau credit report and review it from time to time, even if only once per year although reviewing them more regularly is ideal….
