Archive for January, 2009

DO YOU KNOW WHAT THE FAIR CREDIT REPORTING ACT SAYS

January 30, 2009 | Admin

FCRA or The Fair Credit Reporting Act is designed by the Federal Trade Commission to promote accuracy and ensure privacy of the information used in consumer reports. This is designed to protect the citizen and several commonly asked questions are answered at http://www.pueblo.gsa.gov/cic_text/money/fair-credit/fair-crd.pdf and in several other websites. The FCRA Act was passes by the US Congress in 1971. The act and its details can be found at the Federal Trade Commission website on the World Wide Web and at local libraries. Read the act at http://www.ftc.gov/os/statutes/031224fcra.pdf.The ac

FINANCIAL STATEMENTS: WEALTH STARTS WITH YOUR PERSONAL FINANCIAL STATEMENTS

January 24, 2009 | Admin

Financial Statements Introduction:Financial statements generally take the form of records of the financial performance of a business. They provide information about the profitability and general financial health of the organisation. A company's financial records usually consist of: * Income Statement* Balance Sheet* Cash Flow StatementAn income statement, also called a Profit and Loss Statement, shows how a company's sales or revenue translate into profit (net income) over a specific period (normally one year). It's a record of how much a company has earned, what expenses it has paid and the

INSTANT CREDIT REPORT: QUICK REPORT ABOUT YOUR FINANCIAL STANDINGSF

January 22, 2009 | Admin

Introduction: Credit report is the way through which you can get an idea about your current credit status and it very useful in acquiring loans and other services. Now, one can easily know about their credit status directly online with instant credit report. They need not to go anywhere else to collect the reports. There are number of sites presented in the market that claming they will offer true and authentic instant credit reports. But be careful and cautions while selecting a sites may be most of the sites main purpose is to seize the funds from the customers and they are making a fool of