Avoiding ID Theft and Credit Fraud

Written by Eve Abbott, the Organizer Extraordinaire


AVOIDING ID THEFT AND CREDIT FRAUD Article excerpted fromrepparttar new book, “How to Do Space Age Work with a Stone Age Brain” TM copyright 2004, all rights reserved, by Eve Abbott,repparttar 111971 Organizer Extraordinaire

Each year billions of dollars in credit fraud is perpetrated on unsuspecting citizens. With so much personal information publicly available (or easily available to someone with medium computing skills) it is essential to develop good habits to prevent your information from falling into criminal hands. It is possible for someone to create an entire identity (get driver's license, etc.) based on just a few pieces of information.

I know of an employee who sustained an on-the-job injury then applied for disability. He was shocked when they turned him down. According to Workmen's Compensation records he had been collecting disability forrepparttar 111972 last year and a half. Someone had gotten their hands on enough information to drain his account!

It can take years and thousands of dollars to correct an identity theft, credit fraud or a simple key entry error by a clerk at a Credit Bureau. It takes minutes for you to do these simple tips:

Destroy all pre-approved credit offers you get inrepparttar 111973 mail before you discard them. Otherwise, someone can fill out a new address and get credit in your name. Use a paper-shredder for all documents with your financial or legal information included. Sign all your credit cards with 'Please ask for photo ID' instead of your signature.

Never give out your SSN or credit card information onrepparttar 111974 phone unless you initiaterepparttar 111975 call and you know to whom you are talking. Never carry your social security number in your wallet.

Securing a US Commercial Mortgage

Written by Commercial Lifeline


What’srepparttar most efficient way to secure a US Commercial Mortgage? Work with a mortgage broker who specializes in this area. If you’ve ever applied for a loan, you’re familiar withrepparttar 111970 mountain of paperwork you are required to complete duringrepparttar 111971 process. The lender takesrepparttar 111972 applicant’s information, runs it thought their guidelines and formulas and after waiting many weeks, a decision is made to either approve or denyrepparttar 111973 loan. If approved,repparttar 111974 transaction can proceed. If denied,repparttar 111975 applicant has to beginrepparttar 111976 process all over again.

US commercial mortgage lenders use guidelines similar to those used when applying for a residential loan. The applicant must provide a good reason for needingrepparttar 111977 loan. The property must have an acceptable appraised value. The location ofrepparttar 111978 property is also considered. The credit history ofrepparttar 111979 applicant, includingrepparttar 111980 financial condition ofrepparttar 111981 business is thoroughly investigated. In addition, commercial mortgages require significant collateral to securerepparttar 111982 loan. This can be inrepparttar 111983 form of business equipment or inventory, personal or other properties, heavy machinery, or any asset with a significant value.

But evenrepparttar 111984 most carefully prepared and well-documented commercial mortgage applications can be declined. When this happens,repparttar 111985 applicant has no other choice than to startrepparttar 111986 tedious commercial mortgage loan approval process over again. Weeks go by, opportunities are lost, and stillrepparttar 111987 outcome remains unknown. How many times do you want to go through this process?

Most applicants agreerepparttar 111988 correct answer is only once. The way to achieve this goal is to work with an experienced and reputable US commercial mortgage broker. A broker takes your one completed commercial mortgage application and submits it to many different commercial lenders, all atrepparttar 111989 same time, which greatly increases your chances of approval and saves you a considerable amount of time.

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