Microchip Credit Card Technology Not The Solution

Credit-cards.jpg

 

As time goes by, more and more credit cards are receiving new microchip technology.

The purpose of this technology is to generate new information for each purchase so that predators cannot reuse the information.

It sounds good in theory, however many believe that this only raises the cost for identity thieves, and does not protect online transactions.

Image by Lotus Head via Wikimedia Commons.

Continue to original source

How To Get The Best Home Loan Rates

Real Estate

Borrower advice website LoanLove.com has released a guide on getting a down payment on a home.

Potential home owners are given advice on the requirements necessary for getting a down payments and factors that can affect rates.

Image by Cameronnovak via Wikimedia Commons.

Continue to original source

Advance Auto Bringing Jobs

Advance Auto

According to officials, Advance Auto Parts will be employing 600 workers in North Carolina by the end of 2017.

Average pay for workers will be around $110,000 per year, and Governor of North Carolina says that the company could get over $17 million in tax breaks.

Image by Michael Rivera via Wikimedia Commons.

Continue to original source

Credit Moves That Could Effect Your Mortgage

1280px-Happy_family_(1)

When getting a mortgage, credit can be a major concern, and there are a few key factors that could make or break your mortgage.

While in approval stages, there are red flags that could have an impact on your mortgage.

For instance, if your mortgage is in its final stages, it is not a good idea to apply for other credit, dispute a creditor, max out a credit card, or carry a high balance of debt.

These could have a negative impact on your mortgage.

Image by Catherine Scott via Wikimedia Commons.

Continue to original source

Insurance Companies Predicting Your Death

Psychic

It is not a simple question to ask customers when they think they will die. Life insurance companies must take it upon themselves to determine when a potential customer will perish before they will invest.

Companies compile large amounts of data in order to separate the healthy from the risky. This includes things like driving records, criminal records, drug use, and even hobbies.

Image by John Fischer via flickr.

Continue to original source

Watch Out For Unlicensed Insurance Sales People

Cloud_Gardens_April_2011

Aviva Canada is warning potential insurance customers about possible frauds.

Scammers in Canada are acting as insurance sales people and taking money without giving people coverage.

Customers should be aware of who they are buying insurance from, and must make sure that he or she has a license.

Image by Aviva West via Wikimedia Commons.

Continue to original source

Mortgage Applications Rise 10%

US_Mortgage_Bond_Building_Detroit_MI

MBA Applications have jumped 10% after falling 3% the week before.

This could indicate that the selling season is beginning after a late start.

Image by Andrew Jameson via Wikimedia Commons.

Continue to original source

Why there’s risk in a boring stock market

E-ticker

In recent weeks the stock market has been inching higher in an orderly and contained way.

The listless environment has left active-trader clients sitting and waiting for something to respond to.

Low volatility has been often reflected as a calm before a storm. There is unease among traders because they don't know what to fear.

Image by klip game via WikimediaCommons.

Continue to original source.

 

Housing Slump in China Dragging Down Economic Growth

Beijing_northeast

Lending and sales curbs imposed by the government in China has significantly slowed down the real estate market.

Realestate agents, who were extremely busy just 6 months ago, are no longer making sales.

"There are no buyers," said Feng, 24. "We take three days off a week. We go out for barbecue and play poker."

Some analysts fear that the slump will drag down economic growth and banks may be in trouble if developers default on loans.

Image by Kallgan via WikimediaCommons

Continue to original source

Student Loan Bill Blocked By Senate

Graduation_2009_(3539745511)

The Senate Republicans have blocked legislation toward student loan forgiveness.

The legislation would have allowed students to refinance their loans at lower rates to give them some debt relief.

There was a 56-30 vote on the legislation.

Image by Tulane Public Relations via Wikimedia Commons.

Continue to original source

Trending

Can a landlord make you buy renters insurance?

Insurance Basics For New Homeowners

How to compare car insurance

How to switch car insurance

Most Discussed

Can a landlord make you buy renters insurance?

Household Debt Continues Increase

Inflation Pressure Increasing

Higher Minimum Wages Not Hurting Job Growth