I pay for Lifelock and Free Credit Report.com (which really isn't free) for piece of mind

i heard life lock effed up on personal security, there was some article on it i saw doing a google search

Thanks guys. This is a very important thing to do.

6 years ago it took me about a year to clear up some crap that got thrown on my credit. Two people (with very bad credit) some how ended up on my report. It was a ****ing nightmare, and it happened to be when I was trying to buy the bar. Luckily the banks I deal with know me good and knew it wasn't me, and went through with the loan.

Just imagine if I would have never found out.

It says I have nine credit card accounts. Only one of which that I use. How do I cancel these things? Or would it be against my best interests to leave them open and not use them?

No one buys a house in cash...that's just reeruned. Makes NO sense.

no, it is federal law...you get one free viewing of your credit record per year...I've done it twice now and both times found items that were removed after investigation....and the investigations are free too...you can dispute any item on your record......

I see..guess ill have to get my free cr now hehe.

yes

Free credit report is free if you cancel within the first 30 days. I pull mine once a year using www.freecreditreport.com It shows your credit report and your score. After I check it over I immediately cancel it. The whole process takes about 10 minutes. Totally Free.

I have heard that a better way to track your credit history is to do this about every 4 months. What you do is just pull one of the three so you are pulling their individual report annually but you can keep closer track of any potential issues throughout the year.

I might not call it "reeruned", but in general I agree if the person applying for the mortgage can get a decent rate.

Debt is not evil, it is a useful tool just like a knife is a useful tool. You can cut yourself badly with a knife, but that doesnt mean we should ban all knives.

If you are in a high tax bracket and could get... oh, lets say 5.5%, then that loan is actually costing you about 4 1/8%. If you cant beat that through investments theres something wrong with you.

I have a student loan at some silly low interest rate of 3 1/8%. After the tax deduction it only costs me a little under 2.5%. I have a payment plan on it stretching out to the next 20 years, but I'd be an idiot to pay that off 1 second early. I dont know which idiot thought it was a good idea to give me this cheap money, but I intend to take advantage of them.

On the other hand, if your talking about a non-deductible 6% car loan, or if your credit sucks and you can only get a 7-8% mortgage, thats starting to get expensive enough that you cant reliably make very much money on the spread safely, so it makes sense to pay it off or not take out the loan at all and pay cash.

Nope, 100% FREE..............no strings.

yep, annualcreditreport.com was set up by the government to enforce their required annual free credit reports.

Some other company decided to try to take advantage of the situation and created confusion by setting up freecreditreport.com. A lot of people thought "oh yeah, I heard that the government gets us a free credit report every year, so this is probably where I go to get it!", so they just blindly provide whatever information is asked for, clicking yes to everything without looking around closely. They find out a month later that they signed up for some credit monitoring service, and by the time they cancel, the company got some free money out of them. (Unless of course you want that credit monitoring service)

People DO pay cash for houses. If you listen to the Dave Ramsey show or read his books you would know this.

In Dave's book "The Total money Makeover" Dave tells the story of a young married couple that lived in an very small apartment over a rich ladies garage. She only charged them $250 a month. He was making $50,000 a year and his wife $30,000. His granfather had preached to him to never borrow money. For 3 years they lived on nothing and did nothing extra that cost money. After 3 years they had saved $150,000 and paid cash for their first home.

Paying cash for a house is possible, very possible (I also work with someone who paid cash for their house). What's hard is to find people willing to pay the price in sacraficed lifestyle.

How much more wealth could you build if you didn't have a house payment? Look at all the stress off the marriage without a huge house payment.

reeruned??? Are you kidding me?

Aww, don't waste your time and consider who the poster was making the statement. :holdman: The guy likely couldn't couldn't run down the funds for a six pack of Old Mill and a pack of gum, much less a house.