Nonprofit Credit Management

Debt consolidation may be a good idea for people with excessive debt.

Even if you have a good credit history, it is a prudent to investigate your own credit report, especially if you are planning a major purchase, such as a home or car. Checking before-hand on the accuracy of the information in your credit report is important because there are often many mistakes that can be fixed quite easily. This will insure that you get the loan rate you are entitled to.

Credit card fraud is rampant with the advent of the Internet. Not only do people now have to contend with mountains of debt, but there are also thousands of scams out there designed to steal your money. Among them is identity theft. Be sure to keep accurate records of your accounts, view your credit report periodically, and make sure to keep information as private as possible.

That is why there are so many credit repair and debt consolidation companies today. There is too much easy credit, loans with high interest rates, and fraudulent individuals and companies. Look into credit management some more.

Identity Theft - Government web site to help with this growing problem.