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Money Quotes

About the time we think we can make ends meet, somebody moves the ends. — Herbert Hoover (1874-1964) US president

All I ask is a chance to prove that money can't make me happy. — Ashleigh Brilliant

All I ask is the chance to prove that money can't make me happy. — Spike Milligan

All of the money in the world is gone. It's gone! Where did it go? Who knows. But it's gone. — Bill Whittle on political mismanagement of the economy, 22 Dec 2011

All progress is based upon a universal innate desire on the part of every organism to live beyond its income. — Samuel Butler

A man may, if he know not how to save, keep his nose to the grindstone, and die not wirth a groat at last. — Benjamin Franklin, Poor Richard's Almanack, 1742

A man who both spends and saves money is the happiest man, because has has both enjoyments. — Samuel Johnson

A man with a surplus can control circumstances, but a man without a surplus is controlled by them, and often has no opportunity to exercise judgment. — Harvey S. Firestone, American entrepreneur and industrialist

An economist is a man that can tell you...what can happen under any given condition, and his guess is liable to be as good as anybody else's too. — Will Rogers

A nickel ain't worth a dime anymore. — Yogi Berra

Any fool can make money. It takes a wise man to know how to spend it. — Brigham Young

Anyone who thinks there's safety in numbers hasn't looked at the stock market pages. — Irene Peter

Anything free is worth what you pay for it. — Author Unknown

A rich man is nothing but a poor man with money. — WC Fields

[A]rtificial [gas] price caps will work no better now than they did in the 1970s. They won't get petroleum refined faster. They won't reduce motorists' demand for gasoline. All they will create is shortages--the one thing price controls always bring in their wake. — Jeff Jacoby

As one digs deeper into the national character of the Americans, one sees that they have sought the value of everything in this world only in the answer to this single question: how much money will it bring in? — Alexis de Tocqueville (1805-1859) French politician and writer

At least half of the popular fallacies about economics come from assuming that economic activity is a zero-sum game, in which what is gained by someone is lost by someone else. But transactions would not continue unless both sides gained, whether in international trade, employment, or renting an apartment. — Thomas Sowell, Economist

A wise man should have money in his head, but not in his heart. — Jonathan Swift

Banking establishments are more dangerous than standing armies. — Thomas Jefferson

Banks and riches are chains of gold, but still chains. — Edmund Ruffin

Before marriage, a man yearns for the woman he loves. After marriage, the 'Y' becomes silent. — Author Unknown

Borrow money from pessimists -- they don't expect it back. — Steven Wright

Capitalism is not only a better form of organizing human activity than any deliberate design, any attempt to organize it to satisfy particular preferences, to aim at what people regard as beautiful or pleasant order, but it is also the indispensable condition for just keeping that population alive which exists already in the world. I regard the preservation of what is known as the capitalist system, of the system of free markets and the private ownership of the means of production, as an essential condition of the very survival of mankind. — Fredrich August von Hayek (1899-1992), 1974 Nobel Laureate of Economic Sciences

Debt is a trap which man sets and baits himself, and then deliberately gets into. — Josh Billings

Debt is like any other trap, easy enough to get into, but hard enough to get out of. — Henry Wheeler Shaw, American humorist

Divorce causes a decrease in wealth that is larger than just splitting a couple's assets in half. By the same token, married people see an increase in wealth that is more than just adding the assets of two single people. On the other hand, divorce can devastate your wealth. Divorce drops a person's wealth by an average of 77%. Contrary to popular belief, the research shows that the wealth of divorced women wasn't significantly worse than that of divorced men, in terms of real money. If you really want to increase your wealth, get married and stay married. — Jay Zagorsky, Ohio State, Journal of Sociology, Jan 2006

Don't tell me where your priorities are. Show me where you spend your money and I'll tell you what they are. — James W. Frick

Everybody needs money! That's why they call it money! — Danny DeVito in the movie Heist

Everyone should have enough money to get plastic surgery. — Super model Beverly Johnson

Everyone wants to live at the expense of the state. They forget that the state lives at the expense of everyone. — Frederic Bastiat (1801-1850) French economist, statesman, and author (The Law, 1850)

Few rich men own their own property. The property owns them. — Robert G. Ingersoll

Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this. — Dave Ramsey

For every $1,000 you'll need each month, in addition to Social Security, you should have at least $230,000 invested moderately aggressively when you stop working. If you're more conservatively invested, you'll probably need more. Add up your IRA, your 401(k)s, your savings and brokerage accounts and any other pension plans to see how much you currently have toward this goal. — Charles Schwab, Bottom Line Tomorrow, Mar 2001, page 3

Forty for you, sixty for me. And equal partners we will be. — Joan Rivers

God helps those that help themselves. — Benjamin Franklin, 1706-1790

God wants good-minded people to be financially successful so they can help others with their wealth. — Author Unknown

Get what you can and keep what you have; that's the way to get rich. — Scottish Proverb

God recognizes only one justification for seeking wealth, and that is with the express intent of helping the poor. — Hugh Nibley (Of All Things, p 209)

Having been poor is no shame, but being ashamed of it, is. — Benjamin Franklin (Poor Richards Almanack, 1749)

Having more money doesn't make you happier. I have 50 million dollars but I'm just as happy as when I had 48 million. — Arnold Schwarzenegger

He that goes a borrowing goes a sorrowing. — Benjamin Franklin, 1758

He that has the gold makes the rules. — Author Unknown

He that is of the opinion money will do everything may well be suspected of doing everything for money. — Benjamin Franklin

He who will not economize will have to agonize. — Confucius [Kung Fu-tse] (551-479 B.C.)

He who wishes to be rich in a day will be hanged in a year. — Leonardo da Vinci

Honesty is the best policy - when there is money in it. — Mark Twain

How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case. — Robert G. Allen

I'd gladly participate in any experiment to test the effects on me of sudden great wealth. — Ashleigh Brilliant

I don't have a bank account because I don't know my mother's maiden name. — Paula Poundstone

I don't wake up for less than $10,000 a day. — Linda Evangelista, Super model

I don't want money. It is only people who pay their bills who want that, and I never pay mine. — Oscar Wilde

If all the rich men in the world divided up their money amongst themselves, there wouldn't be enough to go around. — Christina Stead

I figure you have the same chance of winning the lottery whether you play or not. — Fran Lebowitz

I finally know what distinguishes man from the other beasts: financial worries. — Jules Renard

If it weren't for baseball, many kids wouldn't know what a millionaire looked like. — Phyllis Diller (The same could be said about rock musicians, movie stars and comedians)

If it weren't for lawyers, we wouldn't need them. — A. K. Griffin

If no changes were necessary for you to achieve financial independence, you'd already be there. — John Cummuta

If past history was all there was to the investment game, the richest people would be librarians. — Warren Buffet, Investor

If stock market experts were so expert, they would be buying stock, not selling advice. — Norman Augustine

If the economy's doing so well, why are engineers still working on better ways to keep people from stealing toilet paper from public washrooms? — Joe Martin, "Willy 'n Ethel"

If there is one thing that will bring peace and contentment into the human heart, and into the family, it is to live within our means. And if there is any one thing that is grinding and discouraging and disheartening, it is to have debts and obligations that one cannot meet. — Heber J. Grant

If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed. — Edmund Burke (1729-1797) Irish-born British statesman

If you can actually count your money, then you're not a rich man. — J. Paul Getty

If you don't let success enrich your life, you have merely put failure into Guicci shoes. — Author Unknown

If you lend someone $20 and never see that person again, it was probably worth it. — Author Unknown

If you make money your god, it will plague you like the devil. — Henry Fielding

If your only goal is to become rich, you will never achieve it. — John D. Rockefeller

If you wish to get rich, save what you get. A fool can earn money; but it takes a wise man to save and dispose of it to his own advantage. — Brigham Young (Discourses of Brigham Young, p 292)

I have enough money to last me the rest of my life, unless I buy something. — Jackie Mason

I'm not a paranoid, deranged millionaire, dammit, I'm a billionaire. — Howard Hughes, billionaire

In a shipwreck, one of the passengers fastened a belt about him with two hundred pounds of gold in it, with which he was afterward found at the bottom. Now, as he was sinking, had he the gold? Or did the gold have him? — John Ruskin

Inflation is being broke with a pocket full of money. — Gene Mora in Graffiti

Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people's savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments. — Ayn Rand (1905-1982)

[In our universities] certain things cannot be said, certain ideas cannot be expressed, certain policies cannot be proposed, certain behavior cannot be permitted without making tolerance an instrument for the continuation of servitude. — Herbert Marcuse, Marxist professor, in an essay called "Repressive Tolerance"

In the long run, it is easier to live within our income and resist borrowing from future reserves except in cases of necessity-never for luxuries. It is not fair to ourselves or our communities to be so improvident in our spending that the day our income stops we must turn to relief agencies or the Church for financial aid. — Ezra Taft Benson (Ensign, Jun 1987)

I saw a bank that said "24 Hour Banking," but I don't have that much time. — Steven Wright

It costs money to make money - but it's not supposed to cost more money than you make. — Ashleigh Brilliant

It is a rule of our financial and economic life in all the world that interest is to be paid on borrowed money....Interest never sleeps nor sickens nor dies; it never goes to the hospital; it works on Sundays and holidays; it never takes a vacation; it never visits nor travels; it takes no pleasure; it is never laid off work nor discharged from employment; it never works on reduced hours....Once in debt, interest is your companion every minute of the day and night; you cannot shun it or slip away from it; you cannot dismiss it; it yields neither to entreaties, demands, or orders; and whenever you get in its way or cross its course or fail to meet its demands, it crushes you. — J. Reuben Clark (Conference Report, Apr 1938, p 102-3)

It is better that a man should tyrannize over his bank balance than over his fellow citizens. — John Maynard Keynes

It is better to be a mouse in a cat's mouth than a man in a lawyer's hands. — Spanish proverb

It is more honorable to be raised to a throne than to be born to one. Fortune bestows the one, merit obtains the other. — Petrarch (1304-1374)

It is not the creation of wealth that is wrong, but the love of money for its own sake. — Margaret Thatcher

It's easy to sit there and say you'd like to have more money. And I guess that's what I like about it. It's easy. Just sitting there, rocking back and forth, wanting that money. — Jack Handey

It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure you haven't lost the things that money can't buy. — George Lucas Lorimer

It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for. — Robert Kiyosaki (American investor, businessman, author, and motivational speaker)

I've got the pot of gold, but what I wanted was the rainbow. — Ashleigh Brilliant

I wish I had a dollar for every time I said "Money isn't everything." — Gene Mora in "Graffiti"

Judge your success by what you had to give up in order to get it. — Author Unknown

Lack of money is the root of all evil. — George Bernard Shaw

Let us avoid debt as we would avoid a plague; where we are now in debt let us get out of debt; if not today, then tomorrow. Let us straightly and strictly live within our incomes and save a little. — J. Reuben Clark, Jr. (General Conference Report, April 1937, page 26)

Liberty is just a statue unless you are debt free. — Author Unknown

Live within your income. Be frugal and wise. Pay your obligations to the Lord, your country, and yourself, and then live on what is left. — George I. Cannon (Ensign, Nov 1986, p 26)

May I suggest five key steps to financial freedom for your consideration. First, pay your tithing....Obedience to God's commandments is the foundation for a happy life....Second, spend less than you earn. This is simple counsel but a powerful secret for financial happiness....Third, learn to save. Remember the lesson of Joseph of Egypt. During times of prosperity, save up for a day of want....Fourth, honor your financial obligations....We believe in honoring our debts and being honest in our dealings with our fellow men....Fifth, teach your children to follow your example....Teach your children while they are young. Teach them that they cannot have something merely because they want it. Teach them the principles of hard work, frugality, and saving. — Joseph B. Wirthlin (Ensign, May 2004, p 41-43)

Measure wealth not by the things you have, but by the things you have for which you will not take money. — Author Unknown

Money can't buy you happiness. But it does bring you a more pleasant form of misery. — Spike Milligan

Money costs too much. — Ross McDonald

Money doesn't buy class. — Author Unknown

Money doesn't make you better than someone else. It is just a convenience on the road of life. — Fr. Frog

Money indeed may be considered as the most universal and expressive of all languages. — Samuel Butler

Money is a terrible master but an excellent servant. — Phineas Taylor Barnum (1810-1891) American showman

Money is like a sixth sense, without which you cannot make a complete use of the other five. — WS Somerset Maughm

Money is like manure; it's not worth a thing unless it's spread around encouraging young things to grow. — Thornton Wilder

Money is a lousy means of keeping score. — K. Jackson Brown, Jr.

Money, it has been said, is the cause of good things to a good man, of evil things to a bad man. — Philo of Alexandria (20 BC - 50 AD) Hellenistic Jewish philosopher born in Alexandria, Egypt

Money may buy the husk of many things, but not the kernel. It brings food, but not the appetite; medicine, but not health; acquaintances, but not friends; servants, but not faithfulness; days of joy, but not peace or happiness. — Henrik Ibsen

Money, not morality, is the principle commerce of civilized nations. — Thomas Jefferson (1743-1826)

Money often costs too much. — Ralph Waldo Emerson

Money was invented so we could know exactly how much we owe. — Cullen Hightower

My problem lies with reconciling my gross habits with my net income. — Errol Flynn

Necessity never made a good bargain. — Benjamin Franklin, 1706-1790

Never spend your money before you have it. — Thomas Jefferson, US President

Ninety-one percent of poor Americans own a color TV. Twenty-nine percent of poor Americans own two or more! — Heritage Foundation

No one can become rich without enriching others. Anyone who adds to prosperity must prosper in turn. — G. Alexander Orndorff

Nothing is more sincere than cash in advance. — Ashleigh Brilliant

October. This is one of the peculiarly dangerous months to speculate in the stock market. The others are July, January, September, April, November, May, March, June, December, August and February. — Mark Twain

People say that money isn't the key to happiness, but I always figured if you have enough money, you can have a key made. — Joan Rivers

Political and economic freedoms are not guarantees of getting the particular outcomes we want. Economic liberty doesn't mean the right to succeed in business, only the right to try. And economic freedom certainly doesn't mean that we are entitled to have the job we want, at the wages we want, whether or not we show up for work. Implicit in the notion of economic freedom is the individual's responsibility to play by the rules of the marketplace. We don't think of political freedom as the right to have our preferred candidates always win elections, only that they have a right to compete in any election. It simply can't be that I am unfree if my candidate doesn't win, or if my policies are not enacted. Losing an election does not make me unfree. — Jennifer Roback Morse

Poverty us no disgrace to a man, but it is confoundedly inconvenient. — Sydney Smith

Prosperity belongs to those who learn new things the fastest. — Paul Zane Pilzer, economist, entrepreneur, college professor

Prosperity is a way of living and thinking, and not just money or things. Poverty is a way of living and thinking, and not just a lack of money or things. — Eric Butterworth

Prosperity is only an instrument to be used, not a deity to be worshipped. — Calvin Coolidge

Prosperity is the best protector of principle. — Mark Twain

Rather go to bed without dinner than to rise in debt. — Benjamin Franklin

Remember, that time is money. — Benjamin Franklin (Advice to a Young Tradesman, 1748)

Risk comes from not knowing what you're doing. — Warren Buffett

Socialism never took root in America because the poor saw themselves not as an exploited proletariat but as temporarily embarrassed millionaires. — John Steinbeck

Sometimes one pays most for the things one gets for nothing. — Albert Einstein

Stewardship, not conspicuous consumption, is the proper relationship of man to material wealth. — Ezra Taft Benson (Ensign, Jun 1987)

Stocks have reached what looks like a permanently high plateau. — Irving Fisher, Professor of Economics, Yale University, 1929

Successful people make money. It's not that people who make money become successful, but that successful people attract money. They bring success to what they do. — Dr. Wayne Dyer

The chief value of money lies in the fact that one lives in a world in which it is overestimated. — Henry Louis Mencken, (1880-1956)

The cost of living is rising steadily. By Christmas, if the upward tendency continues, it will be out of the reach of short men, who are compelled to tiptoe now in order to connect. — Kansas City Journal, 1907

The direction of all economic affairs is in the market society a task of the entrepreneurs. Theirs is the control of production. They are at the helm and steer the ship. A superficial observer would believe that they are supreme. But they are not. They are bound to obey unconditionally the captain's orders. The captain is the consumer....[Consumers] make poor people rich and rich people poor. They determine precisely what should be produced, in what quality, and in what quantities. — Ludwig von Mises (1881-1973) Economist and social philosopher

The entire world economy rests on the consumer; if he ever stops spending money he doesn't have on things he doesn't need -- we're done for. — Bill Bonner, Editor of The Daily Reckoning, 3 Apr 2003

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.... Roosevelt's policies were very destructive. Roosevelt's policies made the depression longer and worse than it otherwise would have been. — Milton Friedman (1912-2006) Nobel Prize-winning economist

The highest use of capital is not to make more money, but to make money do more for the betterment of life. — Henry Ford

The history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception. — Friedrich Hayek

The holy passion of Friendship is of so sweet and steady and loyal and enduring a nature that it will last through a whole lifetime, if not asked to lend money. — Mark Twain

The instability of the economy is equaled only by the instability of economists. — John Henry Williams

The investor of today does not profit from yesterday's growth. — Warren Buffet

The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks. — Lord John Emerich Edward Dalberg Acton (1834-1902), 1st Baron Acton of Aldenham

The lottery is a tax on people who can't do math. — Author Unknown

The love of money is the root of many evils because it often involves selfishness. On the other hand, the wise use of money involves principles of righteousness. It involves sacrifice and discipline. It is the acid test of our faith. — James E. Faust

The market is rational. The government is dumb. — Dick Armey, Former US House Majority Leader

The mint makes it first, it is up to you to make it last. — Evan Esar (1899-1995)

The minute you read something that you can't understand, you can almost be sure it was drawn up by a lawyer. — Will Rogers

The only problems money can solve are money problems. — Laurence Peter

The real measure of your wealth is how much you'd be worth if you lost all your money. — Author Unknown

There are people who have money and people who are rich. — Coco Chanel

There are two times in a man's life when he should not speculate: when he can't afford it and when he can't. — Mark Twain

There is nothing more demoralizing than a small but adequate income. — Edmund Wilson

There's only one thing money won't buy, and that is poverty. — Joe E. Lewis

The riches of this world are as dust compared to the riches that await the faithful in the mansions of our Heavenly Father. How foolish is he who spends his days in the pursuit of things that rust and fade away. How wise is he who spends his days in the pursuit of eternal life. — Joseph B. Wirthlin (Ensign, May 2004, p 43)

The rich ruleth over the poor, and the borrower is servant to the lender. — Bible (Proverbs 22:7)

"Never forget: the secret of creating riches for oneself is to create them for others. — Sir John Templeton, Pioneer global investor and philanthropist

The trick is to stop thinking of it as "your" money. — IRS Auditor

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation. — Vladimir I. Lenin

The very first step to building wealth is to spend less than you make. — Brian Koslow

The wise man saves for the future, but the foolish man spends whatever he gets. — Proverbs 21:20

To contract new debts is not the way to pay old ones.— George Washington (Letter to James Welch, 1799)

To get back on your feet, miss two car payments. — Author Unknown

Too many of our youth get into financial difficulty because they never learned proper principles of financial common sense at home. Teach your children while they are young. Teach them that they cannot have something merely because they want it. Teach them the principles of hard work, frugality, and saving. If you don't consider yourself informed well enough to teach them, all the more reason for you to begin learning. Abundant resources are available -- from classes, to books, to other resources. — Joseph B. Wirthlin (Ensign, May 2004, p 42-43)

To suppose as we all suppose, that we could be rich and not behave as the rich behave is like supposing we could drink all day and stay sober. — Logan Pearsall Smith

Two farmers each claimed to own a certain cow. While one pulled on its head and the other pulled on its tail, the cow was milked by a lawyer. — Jewish parable

Very few people can afford to be poor. — George Bernard Shaw

Wall Street is the only place people ride to in a Rolls-Royce to get advice from people who take the subway. — Warren Buffett

Wars in old times were made to get slaves. The modern implement of imposing slavery is debt. — Ezra Pound (1885-1972) American poet

Wealth is not a material gain, but a state of mind. — Jerry Gillies

Wealth is not a matter of intelligence; it's a matter of inspiration. — Jim Rohn

Wealth is not created inside some think-tank on the Potomac; it is born in the hearts and minds of entrepreneurs all across Main Street. — Ronald Reagan, Commonwealth Club of San Francisco, 1983

We are taxed twice as much by our idleness, three times as much by our pride, and four times as much by our folly. — Benjamin Franklin

We have been counseled again and again concerning self-reliance, concerning debt, concerning thrift. So many of our people are heavily in debt for things that are not entirely necessary. When I was a young man, my father counseled me to build a modest home, sufficient for the needs of my family, and make it beautiful and attractive and pleasant and secure. He counseled me to pay off the mortgage as quickly as I could so that, come what may, there would be a roof over the heads of my wife and children. I was reared on that kind of doctrine. I urge you as members of this Church to get free of debt where possible and to have a little laid aside against a rainy day. — Gordon B. Hinckley, Liahona, Jan 2002, p 83-86

We make money the old fashioned way. We print it. — Art Rolnick, former Chief Economist, Minneapolis Federal Reserve Bank

We never will have balance in our lives unless our finances are securely under control. — M. Russell Ballard (Ensign, May 1987)

We serve the man who has everything -- but hasn't paid for it. — Sign in the window of a Maryland loan company

What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience? — Adam Smith

What does money like? Money likes speed. That's the secret few know about money. Money comes to those who act fast. If you think, wonder, question, doubt, plan, meet, discuss, or in any other way drag your feet, money goes to the next person in line. — Joe Vitale

What you get free costs too much. — Jean Anouilh

When someone offers you a penny for your thoughts and you give him your two cents' worth, what happens to the other penny? — Hmmmmm

When you're in the hole, quit digging. — Mark Sanford, Governor, South Carolina commenting on the 2009 economic "bailout"

When your insurance company has to buy its way out of a frivolous lawsuit, guess whose premiums go up. When developers trying to build homes or apartment buildings get sued at every turn by environmental extremists, guess what that does to rents and mortgage payments. — Thomas Sowell

When your outgo exceeds your income, the upshot may be your downfall. — Paul Harvey

Why does a slight tax increase cost you two hundred dollars and a substantial tax cut saves you thirty cents? — Peg Bracken

Why do we spend money we don't have, to buy things we don't need, to impress people we don't like? — Hmmmmm

With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches. — Adam Smith

Would you like to know how [to become rich]? I can tell you in a very few words—never want a thing you cannot get, live within your means, manufacture that which you wear, and raise that which you eat. — Brigham Young (Discourses of Brigham Young, p 180-181)

You are not entitled to an easy life and luxuries. — Fr. Frog

Your money does not cause my poverty. Refusal to believe this is at the bottom of most bad economic thinking. — P. J. O'Rourke

You want 21 percent risk free? Pay off your credit card. — Andrew Tobias (in 1982)

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Five Reasons to Check Your Credit Report Regularly

In much the same way that a resume displays your work experience to a prospective employer, a credit report provides prospective creditors (and in some cases employers and insurers too) with a detailed picture of your credit history. And like a resume, your credit report can influence whether you will receive what you are applying for.

Ideally, your credit report is an accurate, up-to-date reflection of your credit history. However, since we don't live in an ideal world, there are many reasons that your credit report could contain inaccuracies that might prevent you from receiving the credit you deserve. The good news is you can take action to keep your report accurate. Here are the top five reasons why you should make a practice of regularly reviewing your credit report:

Inaccuracies & Mixed Credit Files

Many inaccuracies on a credit report can be the result of simple human error, and are therefore are not difficult to dispute. Of course, if you don't order your credit report, you might never know about it. Whether the inaccuracies relate to payments not credited, late payments, or data mixed in from the credit file of someone else with a name similar to yours, you will want to contact the credit bureau to dispute inaccurate information promptly. If you would like to get a free copy of your credit report right now, click here.

Tracking Payments

One of the most important elements of credit is a demonstrated history of on time payments. Once you send the check though, anything can happen--a delay in the payment being received can kick you over to a 30-day delinquency. If you call your creditor and explain the situation, they might adjust the information. Of course, if you don't read your credit report, you won't necessarily know which payments are being received and reported properly. If you would like to get a free copy of your credit report right now, click here.

Identity Theft

This issue alone is reason to order your credit report immediately. Identity theft is an insidious crime, involving a thief who assumes your name to open new accounts, divert your card statements to another address, and run up all sorts of bad debt without you ever knowing about it until collectors come calling. Over time, identity theft could jeopardize your ability to obtain further credit. The best way to catch a thief who is using your name is by getting a copy of your credit report, which will show you if there are accounts listed you know you haven't opened. For example, if a thief has intercepted a pre-approved credit card offer in your name and sent it in with a change of address, your credit report will include the account. If you would like to get a free copy of your credit report right now, click here.


If you're shopping around for a loan or more credit, you should know that when creditors check your credit, it places an inquiry on your credit report. Inquiries can add up, which is often interpreted as a negative by creditors. For this reason, too many inquiries can actually make getting credit more difficult. Moreover, if you didn't authorize someone to look at your credit report and they did, they may have broken the law. If you would like to see who's been looking at your credit, click here to get a free copy of your credit report right now.

Credit Fraud--Unauthorized Charges

Credit fraud involves the theft of your credit card or account number to make unauthorized charges to your account. Though consumers are protected financially from this abuse, other creditors may take note of all this activity and decide to raise your interest rates or refuse to grant you a loan. Ordering your credit report will help you catch new activity on accounts that you haven't been using, or may have closed. If you would like to get a free copy of your credit report right now, click here.

When it comes to managing your credit worthiness, your credit report is your best resource. Ordering your credit report gives you the opportunity to manage your credit wisely today, while planning your credit strategy for achieving future goals--a credit-savvy move every consumer should make! click here to get your credit report right now, for free!

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Tips For Applying For A Loan

Start by Ordering Your Credit Report

If you are considering applying for a loan, ordering a copy of your credit report may well be the best place to start. Why? Because it's also the first thing a potential creditor will be looking at, and even if you pay your bills on time, you will want to ensure that all the information in your credit file is up-to-date and accurate.

Studies have shown that many credit files contain inaccuracies that could affect your credit rating, and even lead to the rejection of a loan application. That's why reviewing your credit report beforehand may be a good idea, giving you time to dispute any items that may be the result of simple human error or a technical glitch.

And depending on whether you are applying for an auto loan, a mortgage loan, or a loan for business or personal use, different lenders may apply different standards in rating your credit worthiness. For this reason, reading your credit report and understanding how your credit data might be interpreted may give you a chance to improve your credit worthiness from the point of view of a lender. If you would like to get a free copy of your credit report right now, click here.

Before you begin the application process, check your credit report for the following items:

Clerical Inaccuracies

Sometimes credit reports contain inaccuracies that are the result of a computer glitch or a clerical error. These may include payments not credited, late payments, or data mixed in from a credit file of someone with a name similar to yours. Ordering your credit report will quickly show you what the lender will see--then it's up to you to dispute any information that you consider inaccurate. If you would like to get a free copy of your credit report right now, click here.

Excess Unused Credit

To make your credit more attractive to a potential lender, you may wish to consider reducing the number of revolving charge accounts that are listed as active on your credit report. Lenders will sometimes view too much revolving debt as a negative when considering a loan application.

In situations where you have stopped using a credit account, it is often a good idea to close the account if you don't plan to use it anymore. Make sure your creditor notates the account "closed at consumer's request"--otherwise, a prospective lender might assume the creditor closed the account for other reasons.

A few credit cards managed well may improve your chances for a loan--particularly a mortgage loan, where lenders use stricter qualifying guidelines. Another rule of thumb is to keep balances on credit cards around 75% of the available credit limit. Ironically, credit cards that have lots of room on them may be viewed as potential debt, while maxed-out cards make you a less desirable credit risk--both of these situations could compromise your ability to obtain a loan.

If you would like to get a free copy of your credit report right now, click here.

30-day and 60-day Late Payments

Even if your credit report contains a couple of 30-day late payment entries that are accurate, many lenders will overlook the occasional late payment if you explain the situation and your credit is otherwise good. Try to avoid any payment being 60 days late however, as this may be a red flag for some lenders--even if they do grant you the loan, it may come at a higher rate of interest and with less favorable terms.

The primary period lenders are interested in on a credit report is the last two years, so try to maintain on time payments, and verify that the payments are being credited properly by checking your credit report regularly. If you would like to get a free copy of your credit report right now, click here.

Avoid Unnecessary Inquiries

Each time a prospective creditor looks at your credit report, an inquiry notation is added to your file, and most inquiries stay on your credit report for up to two years. Inquiries you make yourself, inquiries made during screening for a pre-approved offer of credit, or an inquiry that is part of a background check for employment purposes are not reported to potential credit grantors.)

It is best to avoid over-applying for credit and running up excessive inquiries, for the simple reason that lenders of creditors may think you're trying to get credit due to financial difficulty, or taking on more debt than you can repay.

Lenders do of course realize that some inquiries are a result of shopping around for the best rates on a loan, and so they will often overlook a block of inquiries within a very recent period. It may help if you explain the inquiries in the application process. If you would like to get a free copy of your credit report right now, click here.

Understanding how your credit report affects your financial future is the key to smart credit management. Incorporating a review of your credit report into your financial planning is also one of the best ways to make sure you meet your goals--especially when those goals involve major purchases, and you're shopping for a loan with the most favorable terms possible. So get a free copy of your credit report right now, by clicking here.

(c) 2000 iPlace.com. This article is the copyright of iPlace.com and is reprinted with their permission. iPlace.com is a registered trademark of iPlace.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.

Information provided by iPlace.com is for informational purposes only and is not a substitute for professional financial or credit advice.

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Money Tip: The major credit reporting bureaus sell your financial information to various lending institutions unless you them them not to. If you want to put an end to constant credit card offers as well as this gross invasion of your privacy, there's a place for one-stop opt-out with four major credit bureaus (Experian, Trans Union, Equifax, and Innovus). All you have to do is call toll-free to 888-5-OPTOUT (888-567-8688) and answer the series of questions. This gives you the option to opt-out for two years or permanently (or put your name back on the list!). That should be a no-brainer, right?

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Fight Credit Fraud

Can Consumers Fight Back Against Credit Fraud?

In this age of information, credit fraud is not a difficult crime to perpetrate. The idea that a thief could gain access to your account information or personal data is not as implausible as you might think--social security number misuse has increased over the last two years, resulting in a variety of credit-related crimes.

Fortunately, you can fight back against credit fraud by learning how credit fraud and identity theft occur, and by actively monitoring your credit report for unauthorized account use on a regular basis. Your credit report will list any new activity on accounts you haven't been using, as well as new accounts that you did not open.

One of the best ways to keep track of new information that is added to your credit report is the CreditCheck Monitoring Service, which provides Online Monthly Monitoring Alerts to inform you of new derogatory information, recent inquiries into your credit, and several indicators of possible credit fraud. If you would like to sign up for the CreditCheck Monitoring Service, click here now . You'll get a free copy of your credit report when you sign up for a free 30-day trial.

To have credit report information at your fingertips is the best way to shut an identity thief down--you can begin the process of notifying your creditors of the fraud, changing your passwords, and closing down fraudulent accounts before they wind up in the hands of collectors and compromise your good credit.

How Credit Fraud and Identity Theft Occur

Specific personal data, such as your Social Security number, home address and mother's maiden name, can be all a thief needs to obtain a fraudulent driver's license, take over existing bank or credit accounts, divert card statements to a different address, or even apply for new credit card accounts under your name. Thieves can obtain this information in variety of ways, including fishing through trash for account statements, lifting cards from lost or stolen purses, wallets and briefcases, or through telephone or Internet scams.

How to Prevent Credit Fraud and Identity Theft

Customers may be in a position to prevent potential identity theft by closely guarding their personal data. For example, never give out your Social Security number over the phone unless you know the company you are dealing with and have initiated the call.

Similarly, if your mother's maiden name is not likely to be a secure password, consider changing it to something a little more difficult for a thief to obtain. Also, carry only the cards you are actually going to use, and leave official documents like Social Security cards, passports and birth certificates at home or in a safety deposit box.

Account Takeover Fraud

Credit card account statements contain a lot of sensitive information that you don't want thieves to get a hold of, and even store receipts will frequently have your credit card number printed on them. Sometimes an account number is all a thief needs to make charges and obtain cash advances. It's a good idea to shred all financial documents before discarding them.

A thief in possession of sensitive information about you may also be able to go one step further, and commit account takeover fraud, simply by calling your creditor, reading off your account number, a partial Social Security number and your mother's maiden name, and asking them to change the mailing address on the account. For this reason, if you don't receive a credit card statement on time, you should call your creditor immediately to verify that the address has not been changed.

Checking your credit report may also reveal activity on an account you don't use--get a FREE copy of your credit report to see your currently open accounts, and stay on top of the situation with the CreditCheck Monitoring Service.

Pre-Approved Credit Offers

Another source of potential credit fraud is pre-approved credit offers. A thief who intercepts one may fill out the application and change the address to obtain a credit card in your name for which you will never receive a statement. (To combat this, some creditors will not issue a card to a new address on a pre-approved offer certificate, but this policy isn't universal.) This makes checking your credit report especially important, because it will show you if there are accounts being reported in your name of which you are not aware.

The thief may even make the minimum payments for a while, until such time as the card is maxed out. Then the account would eventually be turned over for collections--in your name, and listed on your credit report. If you would like to sign up for the CreditCheck Monitoring Service,click here now. You'll get a free copy of your credit report when you sign up for a free 30-day trial.

The CreditCheck Monitoring Service Can Help

In many cases, the only way you'll catch credit fraud early is by obtaining a copy of your credit report. However, most consumers may not have time to order a copy of their credit report on a month-by-month basis, and read through all the information looking for the items that may indicate possible credit fraud.

That's why the Credit Check Monitoring Service is ideal for consumers who want to keep current on their credit information. At roughly half the cost of ordering your credit report every month, the CreditCheck Monitoring Service provides Online Monthly Monitoring Alerts that show you only recent changes for easy reference. In addition, you can obtain unlimited free copies of your credit report at any time during your paid membership!

So click here to sign up for the CreditCheck Monitoring Service today, and get your FREE credit report.

(c) 2000 iPlace.com. This article is the copyright of iPlace.com and is reprinted with their permission. iPlace.com is a registered trademark of iPlace.com, Inc. All other names are trademarks and/or registered trademarks of their respective owners.

Information provided by iPlace.com is for informational purposes only and is not a substitute for professional financial or credit advice.

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