and start a family. To the non-traditional millennials, the desire to own a home has been placed on the back burner to focus on careers. Is it doubt of being able to handle the responsibilities? Is income growth in the future? They think is my credit score and savings where they need to be? In the following essay I will discuss: the advantages and disadvantages of owning a home compared to renting property, factors that increase or decrease homeownership in millennials, and a 1950s American dream
Abstract This paper will explore five published articles and multiple other sources that report on the new transgression of the modern world, cyber crime. Within cyber crime we will be looking into a variety of specific types of online misconduct, beginning with Cyber bullying. We will also delve into Identity Theft, Online child sexual abuse material, and Sales and Investment Fraud. Along with looking into the wide array of different types of online crime, we will discuss different deterrents to
In the case EEOC v. Kaplan, the EEOC was alleging that Kaplan’s use of credit checks was having a disparate impact for African American applicants and was in violation of Title VII of the federal Civil Rights Act (EEOC v. Kaplan, 2014). In this case, Kaplan uses the same screening process that the EEOC uses itself. The EEOC states “overdue just debts increase the temptation to commit illegal or unethical acts as a means of gaining funds to meet financial obligations.” (EEOC v. Kaplan, 2014. para
Investment Goal 1: Peter and Kevin are hoping to save enough money to buy a home within three years. What will he use the money for? -To purchase a home How much money do you need to satisfy your investment goals? - They will have to pay a down payment or any additional fees ranging from 5- 20% of the house price. I would recommend saving at 20% to avoid any surprises and to be prepared for any additional fees. Therefore, saving about $70,000-$75,000 is a good idea to ensure all costs are covered
would be easy for Anytown Times attorneys to obtain copy of the records. Additionally, a copy of Dewey Love’s credit report will be able to show if he has outstanding child support payments. “The law requires credit reporting agencies to include information about overdue child support in your credit report.” (www.nolo.com, n.d.) Consequently, “child support arrears remain on your credit report for up to seven years, unless you make a deal with the child support enforcement agency.” (www.nolo.com
accountable for the negligence and poor treatment of affected consumers. The proposed new data security laws will present a greater burden to other corporations. Two such laws are the Promoting Responsible Oversight of Transactions and Examinations of Credit Technology (PROTECT), and Freedom From Equifax Exploitation (FREE) will attract more government scrutiny and limit the type of personal data that companies can collect from customers (Alperan, Carter, & Sofio, 2017). Wikileaks CIA Vault 7 was released
Getting your credit straight- insurers have access to all sorts of personal info, including motor vehicle record, credit record, and your history of claims with other insurers. It makes no sense to lie about your background, so never do it. Mistakes can happen, a glitch on a report could make you look like a worse risk than you actually are. If you have not done this, you should, in a few years, consider obtaining credit report from all three credit reporting services. You always
Headline: Can your Credit History or Score, lead to your Auto Insurance Coverage being Denied? What is the most important factor in getting auto insurance? Most would think that it would be your driving record. If you have more accidents or claims, then this could drastically alter your chances of either getting auto insurance or how high your rates are. There are some factors you cannot control when it comes to your insurance rates, such as age or gender. However, for the ones that you can control
At the same time of earning credit scores, home buyers should save their income for the home’s down payment because people who have larger amount of down payment will have better chance to get the home they want to live in than the others. In this time, the average minimum of down payment
sour. Mistake No. 1 — Not Knowing Your Credit Score Make any credit-based purchase and lenders will obtain your credit score, a three-digit number that rates your creditworthiness. Consumer credit scores range from 300 to 850 with a higher credit score better for obtaining a low-interest rate loan. Higher rates are offered to consumers with lower credit scores, costing borrowers hundreds of dollars more in interest payments. You should obtain your credit score before shopping for a used car loan