Last Updated:November 20, 2024, 18:44 IST A credit score is a three-digit number ranging between 300 and 900, used to evaluate your creditworthiness, while a credit report is a detailed document prepared by credit bureaus like CIBIL, Experian, Equifax, or CRIF High Mark. A higher credit score indicates better financial discipline, making you an attractive … Read more
A unique case of identity theft has emerged, revealing how a determined scammer exploited an online bank’s verification process to steal a $52,000 loan, only to lose the entire sum to a cryptocurrency scam. ABC 7 News’s 7 On Your Side investigative team uncovered the details after receiving an anonymous package from Manila, Philippines. The … Read more
National Public Data (NPD) sources personally identifiable data from public and court records as well as other repositories to provide online background checks and fraud prevention services. The company confirmed several weeks ago that it suffered a data breach involving 2.9 billion records dating back at least three decades. According to a class action lawsuit … Read more
A woman recently shared her ordeal with MarketWatch on how her ex-husband drained her life savings when they were married. He hacked her email, forged documents, and impersonated her to take over their joint account and silently transfer her business savings into his separate accounts using a PayPal account. The husband created the PayPal account … Read more
How would you deal with a situation where your mother racked up $30,000 debt in your name without telling you and asked you to repay it for raising you? That happened with a young daughter last year before graduating from college. In a recent Reddit post, she shared her ordeal about finding out her mother’s … Read more
Most parents would take herculean steps to protect their children. But many overlook a relatively simple way to help shore up a child’s financial security: freezing the minor’s credit. This could be especially important in the wake of a major breach in which the Social Security numbers of myriad Americans might be for sale on … Read more
A credit score determines your creditworthiness. When you apply for products like credit cards, loans, or mortgages, lenders check your credit score and profile to review your loan repayment history, credit utilisation, credit mix, and enquiries before determining your loan eligibility and terms. A poor credit score could lead to application rejection or approval with … Read more
Business credit cards are generally issued in your company’s name and used to carry out business expenses. You repay the outstanding debt using company funds, which impacts your company’s business credit score. Business credit scores are different from personal credit scores. Furthermore, defaults on a business credit card won’t make you personally liable for any … Read more
A Reddit user expressed shock in a post after finding out he could pay for milk and bread in instalments. Financing for milk and bread? Yes, you read that right—Klarna’s “Shop Now Pay Later” app allows you to buy groceries and shop for almost anything from top brands across the globe, such as Nike, Instacart, … Read more
