Credi View

A fraudulent exporter can obtain your money by using fake shipping documents. A common L/C scam: a fraudulent seller sends fake shipping documents to the opening or advising bank to prove that the goods were shipped. In fact, the goods never left the sellers warehouse or, more likely, never existed at all. Other documents like the invoice, packing list, export declaration, even Certificate of Origin can be easily produced by the scammer. In many L/Cs the only documents needed for the L/C to be paid are the invoice and shipping documents. If the seller’s bank believes that the papers are authentic and pays the scammer, the buyer will never see the goods and will spend much time in[..]

As humans it often seems that we are not happy unless we have something to whine about. Additionally, most of us like to bury out heads in the sand like an ostrich and pretend that bad things won't happen to us. So here are ten tips on how to get scammed in our online endeavours, especially with Ebay. 1. ALWAYS log into Ebay, Paypal or your online bank via links received in emails... You don't have enough money for the scammers using keyloggers to bother with you anyway. 2. NEVER update your antivirus program... if your computer came with a free one, it will suffice! Your computer would never be infected by malicious viruses or keyloggers anyway :) 3. Don't bother to check whether the[..]

First we have to know what gold bullion is, to get an idea why we would want to buy any. Gold is a soft, heavy, corrosion resistant, yellow metallic element that is highly valued and is found in underground veins and alluvial deposits. Bullion simply refers to the fact that is a precious metal that people want to buy. Gold bullion can be found in a variety of different forms. However, the most popular ones for investors are either coins or bars. Many national mints now mint gold bullion coins which can even be purchased online. Before there was only one gold coin you could buy, the South African Krugerrand. Although you still buy it today you also have many other choices when it comes to[..]

The internet has revolutionized our lives by making billions of pages of information available to us. It has changed the way we work, do business, entertain ourselves and shop for interesting products. The internet has done away with physical boundaries by turning the whole world into a global marketplace. The amount of business transactions involving credit card details and other sensitive financial information is staggering and numbers in the millions every day. It was understood long before the proliferation of e-commerce that the sensitive financial information of customers can easily be compromised as it passes through dozens of computers all around the world to reach its[..]

The Internet offers a lot of options. It offers convenience and personalization. But it's riddled with fraud: fake e-mails from banks or the IRS, pleas for international assistance promising wealth, and dishonest buyers and sellers on E-bay. Now, online education is blighted with its own scam artists: fake high schools. 39 million Americans need a high school diploma to get better jobs and higher education, and they are becoming victims of websites that prey on their needs. If you type 'GED' into Google, legitimate information resources come up, but the first things you see are probably paid advertisements from 'high schools' offering online courses. If you read the fine print they don't[..]

Online identity theft is a serious crime that can clean out your life savingsand leave you with a damaged credit history that may take years to repair. In the interim, obtaining loans, renting apartments, and even applyingfor work can become increasingly difficult. Here is what you can do toprotect yourself: Internet and computer safeguards: Before you shop online, install and Update spyware and virus protectionutilities to prevent a worm, virus or spyware program from sending outfiles or other stored information from your computer. Install a firewallon your home computer to prevent hackers from obtaining personal identifyingand financial data from your hard drive. Encrypt sensitive[..]

Introduction This simple beginners guide is targeted at those who are newcomers and have no idea about how to make money online to earn internet cash. Keeping this in mind, here are a few tips that will help you in the long run, and will also protect you from dishing out your money to fraudsters. Tips To Avoid Like with all other things, the net too has its fair share of cheats. You have to learn how to recognize them, and then avoid them in order to successfully earn the internet cash. If you have been browsing the net for a decent period of time, you would have come across advertisements that promise to make you a millionaire instantly. These are just scams and you should avoid them[..]

The 419 scam has become so ubiquitous in today's internet-driven society that it has become the provenance of late-night show monologues and stand-up routines. In case you're not familiar with the term, the 419 scam is also known as the Nigerian scam or the advance-fee scam, and if you've used e-mail in the past few years, you've probably gotten plenty of spam mail with the famous subject line, "Your assistance is needed" and the promise of fast and easy cash in exchange for bank account information. The now-worldwide Nigerian scam started off as a small, local fraud, in which the con artist would mail out letters informing the victim, or mark, that a prince was looking to deposit a[..]

Cyber crime is always evolving to try and outwit and scam more unsuspecting people and businesses as awareness of their existing scams become wide spread. Every year cyber crime increases as more criminals are attracted to the growing number of internet users available to scam anonymity and better fraud prevention techniques linked to offline crime. While we can say the number of new scams and fraud cases occurring is increasing, we don't understand the full picture since its predicted most of it goes unreported. In this current period more and more people will fall victim to online scams as they desperately look for solutions to their money worries. Whether you are new to the world of[..]

The internet and email have made scams abound, especially with email. People can set-up free email accounts and basically blast millions of people, practically for free. It is also amazingly cheap to set-up your own domain and people are able to scam from here to eternity in anonymity. Here are some common scams and how to avoid them. First is the "Nigerian" chain letter and now email. This goes something like, "My late uncle was assassinated and left millions behind. We just need an heir to come forward and claim the money. We are looking for a trusted partner to help us. We'll wire you the funds and you get to keep 10%. We just need your banking instructions." First, there is no late[..]

Unfortunately, identity theft is becoming much more common these days. People get their credit cards and more stolen, only later to be faced with charges they never made. Sometimes, this can result in a bad credit history through no fault of your own. Because identity theft is becoming increasingly widespread, it's something you need to be aware of so that you can prevent it, and know what you need to do if you do become a victim of it so as to avoid further financial trouble. If someone asks you for your personal information, make sure you know why they want it and that they are above board. In general, the best policy is to only give your personal information out to people you have[..]

To the majority of Americans, identity theft sounds like one of those things that only happen to other people. You may write it off as something that probably won't happen to you. Unfortunately, this couldn't be further from the truth. According to data collected by the Federal Trade Commission, approximately 9 million Americans have their identities stolen by thieves every year by thieves looking to make a quick buck by taking advantage of them and their credit scores. If it happens to you, you may be facing ruined credit. Identity thieves can take advantage of your credit score in a wide number of ways, including: - Renting apartments and then skipping on the bill - Obtaining credit[..]

Free checking can stand out as a huge benefit for those looking for a place to store their money, but there are also some aspects of these accounts that can be a little less appealing. The trick to deciding whether one is right for you is holding up your goals against its pros and cons. This way, you'll have a better shot of making the best decision for your money. The Pros - Checks are free. Probably one of the most obvious perks of free checking is the fact that you don't have to pay a dime to write checks once you open an account. For those looking to get started in banking, this is a great way to do it, especially for those looking to build up a good rapport in the credit world. -[..]

I don't mean in a 'Dante's Peak' lava flow, lake of acid way but in the way that matters to millions of Europeans whose travel plans have been upset by the recent cloud of ash. Let's just say the Icelandic volcano won't be the last thing to spew fire as frustrated holidaymakers seek recompense for their cancelled flights and subsequent hotel expenses. There are two issues: fees levied on consumers forced to use a card abroad and getting money back from cancelled flights. The first issue will be down to whether users have suitable use abroad credit cards. That will only become in time but it does underline the importance of this product. For the second point the consumers' first port of[..]

Are you sick and tired of fighting unsecured debt? Are you having difficulties with financial struggles? Did you lose your employment? If you're self employed, has your small business seen a reduction in sales and profits? The 1st step in getting away from financial debt is always to realize there is issues. Many U.S. consumers don’t prefer to admit that they're 1 paycheck away from filing Chapter 7 bankruptcy. A lot of Ameicans have been in denial, because they are reluctant to accept the belief that their financial health is in damaging structure. In reality, the majority Americans don't really understand all the components regarding credit card debt billing measures. There isn't any[..]

Shopping online is fun and you can also find yourself saving tons of money because you can do some quick comparison shopping not to mention that many stores have coupons in the form of special words and numbers that you can sometimes receive from them if you sign up to receive their newsletter in your email. However, before you rush into the job of online shopping you need to be secure and here are a few tips to make sure that you have a fun and safe time shopping online. Online shopping is a type of electronic commerce used for business to business and business to consumer transactions. is a great resource for finding products that are being liquidated. It is definitely the process[..]

This type of fraud occurs when a fraudster has an easy access to your bank details either through your credit card statements or utility bills and craftily uses this information to make an application for a credit card in your name. Once the application has been approved, the fraudster is then able to purchase goods and services in your name. Sounds ghastly, doesn't it? But the ugly truth is that you then become the unfortunate victim of identity fraud. So how can one protect himself or herself from becoming a victim? Here are a few possible ways to ensure that this unfortunate event never happens to you: First and foremost, remember to shred all official documents that you no longer[..]

There is an easy way to prevent fraud. One of the most common causes of fraud is called check washing. Did you know that a professional thief can remove ink from hand written checks in approximately three to five minutes? Most pens are made with dye ink. This ink can be effectively and easily removed from a hand written check by bleaching or washing a check. The procedure is not high tech; it is something a child could do with an acetone based nail polish found in most homes. It sounds strange, but it is true. Professional thieves can remove the name of the payee and the amount a check is written for while leaving your signature and the rest of the check in its original condition. Then[..]

The rampant use of credit cards, and especially that use compounded by the secret avenues of the internet, can put the common consumer in a substantially vulnerable position to become a victim of fraud. Much like computer viruses and the necessary adjustments made by internet providers, card companies and merchants are vigilantly combating fraud as it occurs and thinking of new ways to pre-empt it before it can hit. The cost of fraud is high, over 500 million pounds in the UK alone in 2004 so finding ways to anticipate and curtail the damage caused by fraud, is like the credit card industry itself, very big business. Everyone wants a piece of the fraud protection trade. Credit card[..]

The scam usually starts with the fraudster phoning you up claiming to be from the fraud or security department and indicating that your credit card or debit card has been red flagged as having potentially fraudulent transactions having taken place. The victim will become more trusting as the caller is offering assistance in rectifying the problem. Nowadays its quite easy for fraudsters to get hold of customers bank details. These can be bought for a small amount over the internet or from countries that are large outsourcing or offshore depots for the large banks and credit card companies. By having this information at hand when making the call the fraudster seems more legitimate. What[..]

It has been claimed that we could be living in a cashless society by 2012. And whilst this prediction may be a little off the mark, there can be little doubt that there has been a gradual shift away from paper payments. It’s now possible to pay for just about anything with a credit or debit card these days; whether it’s at the supermarket, hairdressers or train station. What's more, the ubiquity of chip and pin facilities in many retail outlets may well mean the end of cash transactions across the country; however, this will probably be some time after the 2012 prediction. But for the many millions of people who currently use a credit or debit card to cover their countless[..]

Fraud Management Services Identity theft costs merchants and consumers billions of dollars each year. It is essential that businesses implement the latest and best in the fraud protection management. Following is a list of the most widely used fraud prevention tools. Address Verification Service Address Verification Service (AVS) is a risk management tool for merchants accepting transactions when neither the card nor the cardholder are present, or when the card is present but its magnetic stripe cannot be read by a terminal at the point of sale. Merchants submit the AVS request through their credit card merchant processor directly to the specific credit card association for address[..]

Credit card debt has created a huge dent in your finances. You have been trying your best to get over it. But it strikes back even harder each time you get over it. Like fasting does no good to reducing your wait, you tried saving in one month but ended up splurging in the next month. So the net result was a bigger debt. This is the story of most typical credit card users who had wished to keep the cycle of credit going on forever. But now that you are stuck with a huge debt, you as well look for debt relief. In your search for debt relief you stumbled across many options. Some friends advised you to go in for debt counseling. Majority of the friends suggested a debt settlement program.[..]

When people apply for credit cards, lenders check them out thoroughly, so it's not surprising that many people get turned down. Here's a guide to what lenders look at when deciding whether you qualify for their latest credit card deal. What's In A Name? First of all, credit card companies will search to see if your name is linked to any outstanding fraud cases. This could be bad news if you share a name with a known fraudster. Next, they'll look at your address. If that has been linked to any fraud or bad debt, it could count against you. That's why some people publicly disassociate themselves from others in their households who might not be good money managers. Lenders also check to see[..]

When your credit is good, the credit card offers pour in. You can scarcely go to your mailbox without seeing a credit card advertisement promising low interest rates, airline miles, or even cash back. But if you have less than perfect credit, you may never get one of these advertisements. So, how do you get a credit card for your emergency needs? With the economic decline, thousands and thousands of people have fallen behind on their payments. Because of this lenders are approaching potential customers more cautiously than ever. But that doesn't mean you won't be able to get a credit card, you just may need to be a little more flexible with your expectations. Since a low credit score[..]

It's an undeniable fact that many people in the United States have been seriously affected by credit card debts after the economic recessions. Since then, many have turned to others - especially debt settlement companies including those non-profit ones to negotiate settlement with the creditors on behalf of their clients. Based on the news, many had filed complaints to some large debt settlement companies because they actually had to pay off more debts than usual. As a result of this, it has affected others to seek debt settlement with the creditors on their own. It's important to distinguish the pros and cons before you have any settlement with the creditors as follows: Pros: 1. You'll[..]

If you have a bad credit score because you have defaulted on your mortgage or other loans too many times, you may despair of ever getting the credit you need again. However, there is hope. You need a bad credit credit card and indeed you can most likely get one, even if you have no credit history at all. Most adults with regular lives find that they need a credit card to make major purchases at least, so you need to make sure you can obtain one. If your credit is bad, you will still benefit from getting a card for those with bad credit. There is nothing to worry about if you have to apply for these types of cards. It is easy. These applications work pretty much the same way as any[..]

Declaring bankruptcy doesn't mean that you'll never be able to get credit again. In fact, you may find that credit card companies are still sending you offers and applications in the mail! But before you decide to sign up for another piece of plastic, there are some things you should know. YOU MAY HAVE TO PAY A HIGHER INTEREST RATE Super low interest rates and zero percent offers are for the best customers with the best credit. Since you've declared bankruptcy, you're a higher risk for the credit card company. And because of that, chances are you'll have to pay a higher interest rate than the average customer. In fact, it's possible your rate will be as much as 5% higher! However,[..]

In the last twenty years the use of credit cards has increased. Carrying money around is no longer considered the best option. Furthermore banks have started offering debit cards on every checking account. Businesses prefer to deal in this way because they are more protected when issues arise than they are with cash. The entire world is now using them more than ever. An unfortunate side to using these to excess is outstanding debt. When the problem becomes unmanageable there is a solution called a credit card debt consolidation loan. A credit card debt consolidation loan is specifically for dealing with these debts. This method allows you to take balances on various cards and condense it[..]

If you have had difficulty keeping up with your bills, you can rest assured you are not alone. Many people have run into trouble or a shortage of cash flow from time to time that has resulted in the inability to make all of their payments in full and on time. However, just because you don't have a perfect credit history does not necessarily mean that you will be unable to obtain a credit card. It's no surprise that a person with a low credit score will have more difficulty and less options when trying to get a credit card in their name, but it is not completely impossible because creditors do take more than just your credit score into consideration when deciding whether or not to give[..]

The 2008 IC3 report on cyber crime is just out, and the news is not good: cyber crime is up again. This, of course, is hardly surprising seeing as the cyber criminal is getting smarter, and more numerous, by the day; while law enforcement continues to play catch-up. What is a little surprising, however, is that Internet Auction Fraud-which was the most reported online crime for the last two years-no longer heads the pack, though at 25.5% of all reports, it runs a close second; instead, the most reported online crime for 2008 is Non-Delivery of Merchandise and/or Payment, which comprises 32.9% of all reported instances of internet fraud. The IC3 The Internet Crime Complaint Center (IC3)[..]

Repairing credit history after identity theft can take as long as two years and sometimes this issue gets so complex it may even mean having to hire a lawyer. This is because the evidence of identity theft can keep turning up for years after your card is appropriated in the form of false income reported on tax returns and grants or loans that might have been applied for. If you do happen to be the sorry victim of identity there are some steps that you can take to immediately do a bit of damage control so that any damage done to your credit history will be minimal. First of all it is crucial to always open your credit card statements and read them. Scan them for errors. If you do spy a[..]