What you may not realize is that insurance agent has taken form you filled out and submitted it for group health. It is submitted to three different companies for underwriting. So now, insurance agent and insurance company has information from you, three companies supplying insurance coverage have information on you, AND all of employees at all four points have access to information. Think about how many employees that might be.

That information is often then passed on to a data warehouse like ChoicePoint, and anyone who has access to ChoicePoint now has access to that information. Who has access to ChoicePoint? I think with recent news articles, more appropriate question is, who doesn't have access to ChoicePoint?

The information is also submitted to your MIB (Medical Information Bureau) file. Anyone who has access to MIB files, now has access to all of that information. Who has access to Medical Information Bureau records? Anyone, at any hospital around United States, who has even a small amount of clearance, has access to Medical Information Bureau records.

According to John Gardner, co-author or Chicken Soup for Entrepreneurial Soul, "This makes Identity Theft Shield, along with a Pre-Paid Legal Services Membership, an absolute must for anyone that’s breathing.”

So to you, sir, who more or less said to me, “You’d have to be stupid to become a victim of Identity Theft!” I wish you my best. If you want to continue thinking that shredding your information is going to protect you, then for you I respectfully choose a phrase used by my friend Larry Smith. “Sometimes, you just can’t fix stupid.”

Now, that you have learned when best time for refinancing is, which is when interest rates are low, next question that you would need to find answer to is: What is best way to measure costs and gains from refinancing?

As stated earlier, there are advantages and disadvantages to refinancing. The trick is to have foreknowledge of what you're in for. For some, best method to find out what gains are in refinancing is by comparison.

Compare all costs of your current loan and a new mortgage over a future period. Since loan period may vary according to how steadfast you are in paying your bills, just make best guess as to how long you will have new mortgage. If total costs are lower with new mortgage, then you should refinance.

How to Avoid Mistakes in Refinancing

To be sure, benefits of refinancing are astounding, provided that situation is ripe for a mortgage refinance. However, because of these perceived great benefits of refinancing, many people have misconception that refinancing won't cost them money. Just for record: Refinance is just like any other loan and of course, it will cost you money. What makes it stand out is fact that it can cost you less compared to most other loans.

Tony Forster has a keen interest in living debt free having been "up to his ears" before I realized the need to take control. I am compiling a useful online resource at http://www.loan4payday.info enabling anyone to find the perfect money managment for them.