You’ll want to do all you can to prevent unauthorized access in the first place. Having to wait for the funds in your account to be replaced can be difficult when you have bills to pay, and can cause you unnecessary stress and worry
Bayside, NY (PRWEB) January 30, 2012
Personal Finance expert Walter Edelstein, CFP® is providing updated financial information and advice on two important topics. First, banking advice on how consumers need to protect their accounts against unauthorized access. Second, new credit card advice on how individuals can take a number of straightforward steps to improve their credit scores. TheAdvice.com family of financial advice sites continues to provide consumers with free information and easy to implement practical ideas to help achieve their banking and other financial goals.
Almost all banks have a policy of reimbursing an account for unauthorized activity. “You’ll want to do all you can to prevent unauthorized access in the first place. Having to wait for the funds in your account to be replaced can be difficult when you have bills to pay, and can cause you unnecessary stress and worry” says Edelstein.
According to Edelstein “it’s important that you take charge of your finances in order to help boost your credit score. By being proactive you’ll improve your score and potentially save yourself thousands of dollars in borrowing costs in the future.”
Banking accounts, and especially checking accounts, are the backbone of most people’s finances. Consumer’s usually deposit their paychecks into their checking accounts and then use that checking account to pay bills, and to fund other savings and investment accounts. But like other modern financial accounts, particularly in the age of the Internet, checking accounts are vulnerable to attack from thieves and vandals. By having a checking account number, plus some other personal information, a thief could access accounts fraudulently. Mr. Edelstein identifies several options for consumers to protect their accounts.
Even if a consumer isn't planning on buying a home or car or making any other significant financial purchases in the coming year, it’s important that they make sure that their credit score is as high as possible. Improving a credit score can help save money in the form of lower interest rates on current credit cards, and helps to get approved when applying for new credit cards. Having a better credit score could even help when applying for a new job, as employers in some industries (as well as certain types of jobs functions in many other industries) make a satisfactory credit check a routine part of the application process.
TheAdvice.com financial advice network also includes several other information packed sites:
- Banking Advice – Discover the ins and outs of checking accounts, savings opportunities and other services offered through banking institutions.
- Insurance Advice – Find answers to many insurance questions including how to secure the right coverage for all home, health, life and automobile insurance needs.
Mr. Edelstein has financial experience that spans over thirty years. It includes being a Certified Financial Planner™, having a Master's Degree from Columbia University, and having served as Chief Marketing Officer for a major online bank where he honed his online marketing skills to help consumers achieve their financial goals.
TheAdvice.com proudly reaches out with this new network of financial websites to help individuals and families discover the path to financial knowledge.