The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
Having the perfect insurance coverage can be a tricky and daunting task, not to mention frustrating. Finding an affordable solution that meets your needs can feel overwhelming, especially for those without knowledge of insurance policies or products. To help you get the right coverage, here are essential tips on scoring the perfect insurance coverage fit for you.
Continue reading Insider Secrets: 6 Mind-Blowing Tips to Score the Perfect Insurance Coverage
People who put off and neglect paying bills will surely end up paying more. So, do not get caught up in this vicious cycle which can consume so much of your financial resources and reduce your financial reward efficacy as well as enjoyment of a financially stable life.
the staff of the Ridgewood blog
Ridgewood NJ, Experian Boost launched earlier this year with the goal of improving FICO Scores for consumers – by including payment history for common monthly bills like utility and telecom accounts. Doing so can help build credit history and boost credit scores for people.
Continue reading New Jersey Consumers See Credit Score Increases with Experian Boost
New federal database will track Americans’ credit ratings, other financial information
BY RICHARD POLLOCK | MAY 30, 2014 | 6:00 AM
As many as 227 million Americans may be compelled to disclose intimate details of their families and financial lives — including theirSocial Security numbers — in a new national database being assembled by two federal agencies.
The Federal Housing Finance Agency and the Consumer Financial Protection Bureau posted an April 16 Federal Register notice of an expansion of their joint National Mortgage Database Program to include personally identifiable information that reveals actual users, a reversal of previously stated policy.
FHFA will manage the database and share it with CFPB. A CFPB internal planning document for 2013-17 describes the bureau as monitoring 95 percent of all mortgage transactions.
FHFA officials claim the database is essential to conducting a monthly mortgage survey required by the Housing and Economic Recovery Act of 2008 and to help it prepare an annual report forCongress.
Critics, however, question the need for such a “vast database” for simple reporting purposes.
https://washingtonexaminer.com/new-federal-database-will-track-americans-credit-ratings-other-financial-information/article/2549064
