Yes, Even a Reputable Dentist Can Commit #IDTheft From Right Under Your Nose

This story will puzzle you — because it's ludicrous. Absolutely ludicrous. But it DID happen. And, luckily, the damage was minor, but this prove to you just how unexpected identity theft can be. You don't have to be a real "criminal" to commit to it.

You can be Dr. Richard Ludwig, a dentist making upwards of $4MM and with $250 in cash in pocket; yet this genius was absolutely dumb enough to steal a poor man's credit card accidentally dropped onto a parking lot after leaving the site and use it buy $40 worth of pizzas.

Of course, the unsuspecting victim found out that he was missing his credit card and then reported the plastic stolen. Yet the credit card company notified him that the card was already used. Needless to say, the victim reported the crime to the authorities and the cops showed up at the pizza place to find the dumb dentist Ludwig still waiting for his pizzas to bake.

Ludwig was apparently charged with three felonies, a consequence that could land him in jail for up to 15 years. All of that for just $40 worth of pizzas.

And he honestly could've paid for them himself!

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The post Yes, Even a Reputable Dentist Can Commit #IDTheft From Right Under Your Nose This story will puzz… appeared first on INTERNET LEGAL PLANS.

Rent Reporting = Easiest Way To Build Credit

Posted by wpadmin | Posted in Finances, Taxes | Posted on 28-06-2016

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A lot of people who don’t have much in the way of a credit history do have a history of paying rent on time. If that information showed up on their credit reports, it might help their scores. Rent Reporting can change the credit game for many people.

1 in 3 people in the US pay rent. That equates to 100 million people paying over $300 Billion in rent annually with very few getting credit for their on-time payments. That makes rent the largest expenditure with the least impact on a consumer’s credit report. But not anymore! This is where Rent Reporting changes the game.

How does rent reporting compare with other types of credit building?

Other credit-building strategies rely on more traditional methods. You can get a secured credit card, for example, or a credit-builder loan. Revolving debt, such as credit cards, and installment loans are considered in virtually every credit score.

BlankCheque rent reporting

Rent information will help lenders that are prospecting for possibly creditworthy people who have been overlooked. Also, if you have rent reporting information on your credit report, it could help you if you rent again later. Because lenders prefer a renter that has a history of paying on time.

                                                                                     Right For You?

RFor-rent-sign rent reportingent payment reporting will have a significant impact for younger consumers with limited, or nonexistent, credit history. These consumers can’t get a credit card in just their name until they are 21, so rent reporting is a great way to get a jump start on building a solid credit profile. Also for people that are trying to rebuild a credit score so that they can be approved for larger loans or mortgages.

So, while sending a rent check in the mail helps keep a roof over your head, it does not help establish your good reputation with anybody except your landlord. Start securing your financial future by using online rent payments services today so you can set it, forget it, and build credit history.

 

The post Rent Reporting = Easiest Way To Build Credit appeared first on Independent Credit Solutions.

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