A New Academic Study Scrutinizes Credit Score Reporting
A New Academic Study Scrutinizes Credit Score Reporting
The all-important credit score has gained so much significance in our modern lives that a team of researchers from the University of Missouri plan to spend more than a million dollars to study it.
The group of experts was given $1.13 million in grant money by the U.S. Federal Trade Commission, and the educational institution released a statement to the media explaining that the focus of their research is to gain more insight into the how disputes related to credit scores are resolved. Under the Fair Credit Reporting Act – a piece of legislation that attempts to protect consumers from unfair lending practices – anyone who has a credit score is entitled to contest it, ask for errors to be corrected, or block access to their credit history. The
Restaurant Business
What kind of business do you want to open? I think food based business still has prospect. People always want to eat a new food. This is a potential market for business owner. If you need to open new restaurant, you should have great concept. Business planning is a must for a new restaurant to predict the long term profit projection and any factor that is related to the restaurant business. After all things are cleared, we need to know how to find furniture for our restaurant. This is a primary need for your restaurant. You can hire an interior designer to build nice perception of your restaurant from the design. The nice interior design will give benefit for your restaurant and increase the possibility of coming customer. That is why we need to know where to find a company can support the furniture for our restaurant. You can use internet to find the best supplier from several restaurant supplies companies. Read more…
Webinar March 31: Dumb Ways Entrepreneurs Fail with Technology
If you’re a business owner, business manager, or entrepreneur interested in avoiding the simple mistakes you could make with technology in your company, register for Tim Berry’s webinar on Dumb Ways Smart Entrepreneurs Fail in Using Technology.
Tim will discuss how even very smart small business owners make dumb mistakes when it comes to implementing technology in their companies. You’ll hear:
- Some of the biggest mistakes growing companies make when trying to use technology
- How much of social media is hype and whether it is for every business
- Some of the best ways companies can keep current customers AND get new ones
- How Palo Alto Software has been able to thrive
Register for this free webinar on March 31st and learn the mistakes to avoid when using technology in your company.
Understanding the Foreign Transaction Fees
Foreign transaction fees are charges commonly added to your credit card statement when you make a purchase in another country. Card issuers say these fees are in place to account for the currency exchange from one country to another, but speculation always exists about where this money really goes. Most foreign transaction fees usually range from 2% to 3% and are billed per transaction. Even if you aren’t traveling, it is possible that a purchase you make with a foreign merchant may also incur a foreign transaction fee.
It is wise to monitor your credit card statements on a regular basis to watch for fraudulent purchases or incorrect charges. When you first see a foreign transaction fee you might be a little confused or alarmed. These fees are very common with most credit card issuers, including American Express, Bank of America, Chase, Citibank, HSBC, Wells Fargo, and Discover Card.
Credit Unions are Still a Great Bargain in the Anti-Bank Era
Credit Unions are Still a Great Bargain in the Anti-Bank Era
Banks have a long way to go before they will restore consumer confidence and high customer satisfaction ratings. But traditional credit unions are still getting stellar reviews because they are affordable, customer-oriented, and offer a healthy variety of financial products including mortgages, credit cards, checking accounts, and auto loans.
Get a car loan with an interest rate of as little as 3.75 percent, for example, if you are a member of the Pacific Postal Credit Union. If you’re in the armed forces you and your immediate family members can get super rates on home equity loans through military credit unions, and if you work in any government agency there is a credit union ready to cater to your needs. But what most consumers don’t realize is that there are also credit unions all over the USA that allow anyone to join. You