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Refinancing Information We have a new partner for handing mortgage refinancing, LightningMortgage.com. You can receive multiple offers from competing banks and then you choose the offer that is best for you. LightningMortgage.com How to make credit work for you Humberto Cruz has a new article in The Salt Lake Tribune about how he makes money off of his credit cards with some interesting statistics. Savings Game: Abuse of your credit cards carries a stiff price Warning: Do not use me A new card will inform the user when they are using too much of their credit. Debt Alert Credit Card Travelling this summer? Letting your credit card companies know of international travel plans is a good idea. It prevents fraud detection systems from limiting your purchases, which can be a big hassle when abroad. Travelling? Eliminate a potential headache and notify your credit card provider Consumers Are Credit Card Clueless A recent study shows that many consumers are confused about how much credit they actually have. Consumers tripped up by credit cards Experian is the agency where companies are most likely to report consumer credit accounts, and where your credit score counts the most. Experian is commonly used by car dealerships, phone companies, and other utilities such as power companies and cable companies. www.Experian.com Equifax is the second most frequently used credit reporting agency. While a credit report or credit score may be pulled solely from this agency, it is more likely that it will be used in combination with the other agencies. For example, some companies that provide credit reports to apartment management companies may pull your credit report here. www.Equifax.com The most up-and-coming credit agency is Trans Union, only because they had so much ground to make up. Few companies will report only to TransUnion, and even fewer will only pull a credit report here over other agencies. www.TransUnion.com |