For most people in America, identity theft poses a real risk. If you’ve ever been granted a credit line, set up a bank account, or applied for government assistance, your identity is valuable. Identity thieves have used stolen personal information to purchase cars, rent apartments, even blackmail people. By some estimates, identity theft occurs about three times a minute in the United States (though that rate may be declining as public awareness increases). (more…)
Posts Tagged ‘credit report’
Protecting Your Business With Credit Policies And Procedures
If you were in the money lending business would you hand over money to people without arranging a repayment contract with them? It doesn’t sound too smart, but most businesses are in the money lending business in just this way. In effect, by offering credit to your customers, you are providing them with a loan. Companies that lack sound credit policies and procedures take unnecessary risks and can jeopardize their very existence. (more…)
