Identity Theft-Identity Crisis on the Rise

Identity crisis is skyrocketing. In today’s social networking and the computer, it is very easy for criminals to get a hold of your personal information and use it to their advantage. Being a victim of identity fraud is very much to your disadvantage. No one wants to be a victim of identity theft, but according to Consumer Reports, two out of three online households use social networks. This alone shows a huge possibility of problems for identity crisis. With things like Twitter, Face book, My Space or similar networks being as common as milk and eggs, it is not a question of if you ever will encounter identity theft, but when you become a victim of identity theft.  A  whopping forty percent of users on the computers to social network sits have been naïve, dumb, not thinking, or stupid, and shared their full birth date along with other vital private information right there on the social site itself. It was just there for the thieves to take it. So lesson number one is to not give out this pertinent information. Whatever it is that you are doing online, just list your month and day of your birthday. Never ever give out your driver’s license number, social security number or credit card number on any social network site. I have even seen dummies give out their personal phone numbers. Don’t do this because you will be sorry.

There are many programs available to you, the consumer, to help you in the event that you become a victim of identity theft. These services will help you get back on track. Check out some of them that I have listed.

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There are some things that you can do to actually protect yourself from identity fraud and not become a victim of identity theft in this identity crises era and to keep thieves from obtaining your personal information.

The first thing is do not be too eager to give out your actual personal information in the first place. This rule really applies to you young people. You must learn that you cannot trust everyone. Also, just because they ask for it does not mean that you have to give it to them.  Sometimes thieves can be disguised as friends. You really need to be careful.

When placing orders online, make sure that you have entered a secured site with the order. Usually a picture of a lock appears to let you know that the site is secured. When you do place an order, print up your receipt. This is always good to have in case something goes wrong with the order.

Don’t be fooled into thinking the identity crisis of identity theft is only happening to younger people. There are thieves that specifically target seniors and the elderly. They are an easy target as they have more money to steal and are not as computer savvy. Their credit is usually fantastic and before you know it, thieves can wipe out your entire savings.

You need to be aware of what is on your credit reports at all times. The link below may be able to help you obtain your latest credit reports;

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If there is something on your reports that you did not purchase, you need to notify the credit bureaus immediately. You should also notify your banking institution to give them a heads up on what you found. Balance your checkbook monthly. Know what is being charged on your accounts. Balance your credit card statements monthly as well. Call your credit card company if you have noticed anything unusual. Don’t be afraid to speak up. No one will care for your credit more than you.

This identity crisis that is on the rise can be overwhelming. Don’t let it get the best of you. Protect yourself. Protect your identity and do not become an identity theft victim. Be aware of identity fraud. You can overcome this crisis.

Why should I Do Credit debt settlement?

Why should you do credit debt settlement is today’s topic. Many people actually get confused with credit debt settlement versus debt consolidation. These two are in the same category but perform very different functions. Let me explain a little more to you about credit debt settlement.

When you obtain credit cards and have used them and maxed them out, or become overwhelmed with the payments to the credit card debt, you are one of millions of Americans that have credit card debt. When you have credit card debt, and you can no longer make your monthly payments on them, people like you come to the internet and seek help. Credit debt settlement is one form of help to give you that debt relief that you are so desperately seeking now.  You want information to get out of debt now. Credit debt settlement can actually save you thousands of dollars when you use their programs.

Get out of debt

Being in a debt settlement program will also only give you one monthly payment. This is a big relief. Now you can go over your monthly budget and things may become more manageable.

One big misconception people have when doing a credit debt settlement is they believe the creditors will leave them alone. This is absolutely not true. I fact, I think they sometimes increase their calls to you. So you need to be aware of this. Can you handle them calling you? Do you have an answer machine or caller id? You should have some sort of answer system to screen your calls if you do not want to talk to the creditors every time they call.

Another question if you want to do credit debt settlement on your own is do you have the commitment to put the funds away and not use them? It takes a lot of will power to do a credit debt settlement without the help of going through a debt settlement company. But hey, if you know you can do this, than do this yourself and save money.

What if you do not have the balances of over ten thousand dollars that most credit debt settlement companies require you to qualify for their program? Should you not do a credit debt settlement? Nonsense! There are plenty of ways that you can get the same debt relief from credit card debt that you will obtain by doing credit debt settlement.

One way to get rid of your credit card debt is first of all, STOP USING THE CREDIT CARDS! Cut them up at once so you will not be tempted to use them, ever.  Now since you have cut up the credit cards, you have just done the first step to actually getting to your goal of debt relief.

As for which program to now use to get out of debt, choose the best one that is for you. As stated earlier, most debt settlement companies require you to have a minimum debt load of ten thousand dollars or more. If you have more than ten thousand dollars of credit card debt, then you can do your homework to see which Debt Settlement Company is best for you. I have always referred people to what I considered as the best debt help company…DebtGoals FREE Trial!.

If you have less than ten thousand dollars, you can settle the debt yourself with each of your creditors. All you need to do is call the customer service line on the back of the credit card and tell them that you wish to close the account and settle on the balance that you owe. Each creditor will tell you what they require of you to settle on the debt.  This may take a lot of time so make sure that you call when you will not be interrupted.

Also if you have less than ten thousand dollars worth of credit card debt, maybe using the services of a debt consolidation or debt settlement company is the better way to go. Here is the link to another company; Eliminate Credit Card Debt. Sign-up and Get Started Today

I hope that I have given you a better idea of why you should do credit debt settlement. Let me know if this has been resourceful to you.

Until next time,

Janna Jones

How will bankruptcy affect me and my family?

Bankruptcy can have a trickle down affect on both you and every member of your family.  The first thing is that when you decide to file bankruptcy, you will need to let the entire family know so that they will understand the family financial situation. Children need to understand why you are telling them no to them having the latest and greatest of whatever it is that they want. When they know, they are less likely to ask for something in the first place.

Bankruptcy can break families apart. Bankruptcy can bring families closer together. I just hope that most families take the time to talk to each other so that something like this will not tear them apart. I have known people where it went both ways. When I talk to the ones that it tore apart, they just did not talk. It was like this huge elephant in the room that kept getting bigger and bigger to the point it exploded. When it exploded, there was no going back. It just tore them apart.

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On the other hand, those families that did talk it out with everyone in the immediate family, it saved them. Everyone helped out in saving whenever they could. I have seen even the kids finding creative ways to help put money in the family pot to help out.

One thing you will need to be aware of when you decide to file bankruptcy is the age of the children. If they are about to enter college, you can forget about being a co-signer for any loans to help them with their tuition. Children can still get help through federal loans on their own but their usually is a cap on the amount of the yearly loan that they can apply for. You will need to know those limits before you file bankruptcy. There is a program called a federal PLUS loan for parents that need additional help in financing their children’s education. However, if parents have filed a bankruptcy within the last five years, you will not be able to qualify for this loan help. This is why you need to discuss bankruptcy with the entire family before you actually go and file for the bankruptcy.

I am always amazed on some families that I come in contact with that have financial problems because they did take out loans for their children’s education. You cannot put a federally back student loan into a bankruptcy, so this could cause a lot of financial stress in the future. Think about “what if”. What if your child drops out of college? What if I lose my job? What if I cannot pay back the loan right away? Bankruptcy will not help these “what if” questions at all.

The key thing to remember in bankruptcy and the affects it will have on your entire family is to look at all the pros and cons way before you make a final decision. Then, when the time comes to make the final decision, make sure that everyone is in agreement and understands what needs to be done.  Bankruptcy is not for everyone.  If you need further help with your debts, click here for some more guidance with