Keep Your Checking Account Safe From Check Fraud

I read a good article in Costo Connection on how to safeguard your checking account from check fraud. Harland Clarke (Costco’s check printer) suggests you do the following: 

  1. Incorporate security features into your checks, i.e. watermarks and photocopy detection 
  2. Store your checks in a safe, secure place in your home and never leave your checks/checkbook in your car 
  3. Review your bank statements on a regular basis – look for fraudulent transactions 
  4. Check for missing checks in boxes of new checks you ordered.  If any are missing, report them immediately. 

Card Debt: Credit Card Trickery – Not a Halloween Matter

This year legislation was passed to ban certain billing practices by credit card companies.

Now they have created new ways to trick consumers.

According to The Wall Street Journal,  “ some of the biggest card issuers in the U.S., including Citigroup Inc. , J.P. Morgan Chase & Co.and Discover Financial Services , are already rolling out a slew of fees designed to recapture some of their lost income, in part by skirting the new rules. Some banks may even be violating the law outright, say consumer advocates.

You can read the complete story here

How long does negative information stay on your credit report?

According to, negative information on your credit report has a statute of limitations.  In other words, negative information will stay of your credit report for 7 years in most cases (seven years from the date that the initial missed payment that led to the delinquency). Active positive stays on the report indefinitely, unless the account was closed, then it is 10 years.

If an account has or was ever in “collection: status, then that negative information stays for 7 years from the date of the first 180-day late payment

 However there are always exceptions to every rule.

Avoiding Bankruptcy

How to use a reputable debt relief company to help avoid bankruptcy, a review of one such company:

Finding Current Debt Solutions Online

When people search online, they usually view the first websites they see in the search results as the most important and when people surf online the majority use Google.  Google has a reputation of providing the most relevant results and they have made many changes to get timely information listed where people can see it.

However, I found an article on Google the other day (on Credit Card Debt) that was completely outdated.  The article was ranked in the top 5 of the search results. As far as I could tell it was written sometime in 2004 as the article mentioned the current year as 2004.  The article gave credit card debt statistics that were already outdated by the time the article was written.  Seems Google still has some work to do.