Term: identity fraud
12 found

This Week in Credit News: Avoiding Financial Pitfalls

By Steven Shaw on 4/26/2013

Credit News

The biggest news this week is all about the traps and pitfalls awaiting consumers when it comes to student loans, identity theft and payday loans.

4 Ways to Deal With Student Loan Debt Collectors

Student debt expert Mitchell Weiss has received a lot of requests from readers who are struggling to work with student loan collection companies in finding a way to pay down their balances.

In this article, Weiss explains that the collection companies hired by student loan originators are more apt to put borrowers into loan “fixes” that actually can hurt the borrower in the long run. He warns consumers to make sure they don’t sign up for a loan modification that allows the loan to become negatively amortized, thus adding to the balance of the loan in the long run, while lowering payments in the short term.

identity fraud
identity theft
Payday loans
student debt
student loan repayment
student loans

Lose Your Social Security Card? Here’s What to Do.

By Steven Shaw on 3/22/2013

Lose Your Social Security Card? Here's What to Do.

Most people know which documents contain sensitive information and require special care. But do you know what to do if you lose your Social Security card, credit card or driver’s license? There are two concerns when you lose a card or document that contains sensitive information — retrieving it for your personal use and doing whatever you can to prevent identity theft that could result from the loss. Here’s a guide for getting through the loss of sensitive documents.

Driver’s license
identity fraud
identity theft
lost documents
Social Security card