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Title Loans / Personal Loans

Preventing Identity Theft

Written by mrcash on . Posted in Industry News

Identity theft is a fast growing crime, and prevention starts with you. Are you doing everything you can to stop someone from taking your personal information? Once they have it they could use that information to open account or get loans in your name. Here are some simple and useful ways to help prevent identity theft:

Shred

Be sure you are always shredding documents before they go in the trash. If you can, keep a shredder nearby to dispose of personal information such as credit card and bank statements, or even credit card receipts. If you do not have access to a shredder make sure you are ripping up documents as much as you can before putting them in your trash.

Carry little information

When you are out and about, try to carry as little information as possible. You don’t really need five credit cards in your purse or wallet all at once. Avoid having your social security card and passport in your purse. In this day and age checkbooks are rarely used. If you don’t need to write a check, it is not necessary to carry your checkbook everywhere you go.

Limit the information you give out

It is important to limit the amount of personal information you give out. Several phone scams have been reported as a result of identity theft. Steer clear of providing personal information unless you have instigated the call or you are positive you know who you are dealing with. Think about if the person or company really needs you social security number.

Online shopping

Use caution when shopping online. Prior to submitting your personal or financial information through an online site, look for the padlock image on your browser’s status bar. Another thing to be mindful of is if the site uses https:// rather than https://, this will help you determine if you are using an authenticated website or not.

Keep tabs on your accounts

Make sure you are keeping close tabs on your accounts. Monitor your bank and credit card statements to be sure all transactions are accurate. The internet gives you access to your accounts 24/7 therefore, you can check your accounts as often as you like. If you suspect any suspicious activity contact your credit card company or bank ASAP.

Ways to Boost your Credit Score

Written by mrcash on . Posted in Info Articles

Nowadays having a good credit score is important; it can assist in lowering your borrowing costs and help you pay less for insurance. Sometimes it can even help you get a job! Lenders, insurance companies, and a number of employers use credit information to make their decisions. What is the best way to boost your credit score? Here are some things that those with high credit scores share:

Pay Bills On Time

Payments that are paid on time can provide a big increase to a person’s credit score. On the other hand late payments can significantly lower it.

Check Credit Report Frequently

Credit bureaus can sometimes make mistakes, so you should check your credit report at least once a year. This is vital in making sure the right information conveyed to the credit bureaus. Your credit score reflects the value of your credit record and a mistake could potentially lower your credit score.

Use Credit Sparingly

Try to use only a small percentage to credit available to you. Credit cards that are maxed out or have balances nearing a credit limit will lower your credit score. Those with a higher credit score will often receive lower rates for mortgages and other types of loans. They could also get lower premiums on some types of insurance policies. A higher credit score may also benefit you in your job search, as almost half of U.S. employers conduct credit background checks on applicants. If you have found yourself on the other side of things and need to improve your credit score there are some ways to do that.
  • Prioritize Extra Payments on Maxed-out Cards – when you have the money to pay down your balances, you should focus on the cards that are closest to maxed out. This will benefit your score the most.
  • Don’t Miss a Payment – If all you can afford to pay is the minimum payment, you are better off doing that than not making a payment at all. This way it is still counted as an on time payment.
  • Don’t Neglect your other Payments – Be aware of what accounts are being reported to credit bureaus and be sure you are paying on everything.
Whether you are just starting out with credit, need a little boost or want to maintain a good credit score, these steps may help that credit score stay in the green.

5 Benefits of Car Title Loans

Written by mrcash on . Posted in Info Articles

Are you struggling financially right now? Sometimes life takes a toll on you and you wish there was a way to make some fast cash. Whether you’re having trouble paying an unexpected bill or your expenses have grown too much, you can relieve your stress with car title loans. This type of loan is one of the most effective ways to get quick cash. Here is a look at benefits of car title loans.

Title Loans, Easy to Get Personal Loans in Salt Lake City in Demand

Written by mrcash on . Posted in Industry News

An auto title loan, or title loan, is a secured short-term loan that requires the borrower to put up a vehicle he owns as collateral. The borrower allows the lender to put a security interest on the vehicle’s title, which will be lifted as soon as the borrower completes payment of his loan. If the borrower fails, the lender can sell the former’s car to pay for the amount he owes.

Negotiation Tips to Pay off Topnotch Title Loans in Salt Lake City

Written by mrcash on . Posted in Industry News

Just like treatment expenses for a health condition that’s not covered by insurance, people can turn to loan agencies that offer topnotch title loans in Salt Lake City for financial emergencies,. However, with a loan comes the weight and responsibility to pay off the loan in full and on time. That in mind, personal finance writer Ben Feldman offers a few tips:

What to Consider when Using Car Title Loans for a Financial Emergency

Written by mrcash on . Posted in Info Articles

In the event of an emergency, applying for car title loans is a good option to cover expenses, as Investopedia writer Reyna Gobel explains:

How Car Title Loans Work
If you were to take jewelry or other valuables to a pawn shop, an employee behind the counter would appraise your items and give you a loan based on what your items are believed to be worth worth. In this case, the pawn shop will lend you money and charge interest. If you don’t pay back the money within the agreed-upon time frame, you will forfeit your items. This is similar to how a car title loan works.”