AP9 PrivacyMatters Educates Consumers on the Importance of their Credit Score and Credit Report Information
AP9 PrivacyMatters, from Adaptive Marketing LLC, Helps Members Protect Their Credit Information and Identity with Comprehensive Credit Monitoring and Management Tools
Stamford, CT (PRWEB) May 6, 2005 -- On top of the free annual credit report
that U.S. citizens are now entitled to by law, members of AP9 PrivacyMatters, a
leading security and privacy membership program offered by Adaptive Marketing
LLC, can look to the program for comprehensive information about their credit
report scores and how those scores affect their lives.
Recent federal
legislation that provides consumers with a free annual credit report highlights
the importance of those reports in today’s economy. However, because even savvy
consumers may be unfamiliar with credit reports and credit scores, many of them
turn to the benefits offered by AP9
PrivacyMatters via DealPass to better understand the impact of credit scores on
their financial decisions.
As a short primer, AP9 PrivacyMatters offers a
few insights into credit reports and what your credit score can mean:
-
There are three major credit reporting agencies: Equifax, Experian and
TransUnion. Each agency can use different figures, based on input from different
financial providers, to determine your credit score. Generally speaking, a score
of 750 or higher is very good; a score of 450 or lower is bad.
- Your credit
score is an assessment of how well you’ve paid your credit accounts over time.
Late payments, bankruptcy filings and other bad financing factors will bring
your credit score down. Any recent financial activity can have an immediate
effect on your credit score.
- Lenders, credit card companies, landlords and
even employers can and will use your credit score to help determine whether you
qualify for a loan, a credit card, an apartment or a job.
- Banks and credit
card companies also use your score to determine the interest rates on your loans
and credit card balances. One late payment can trigger higher rates -- not just
on the late-payment account but on other accounts as well.
- Monitoring your
credit report every month can help you identify possible instances of identity
theft. Your credit report lists all of the financial activities attributed to
you; if you see a credit card account that you never opened, look into it
immediately.
AP9 PrivacyMatters members can log on to their members-only
website at DealPass.com for immediate access to a wide range of benefits
designed to help them protect their credit scores, including triple bureau
credit reports, credit monitoring, credit alerts, discounted FICO scores and
more. Members also have access to safeguards that can help them if they’re
victimized by identity theft.
About AP9
PrivacyMatters
AP9 PrivacyMatters is a leading membership security
program offered by Adaptive Marketing
LLC. Headquartered in Stamford, Conn., Adaptive Marketing is a category
leader in both membership and loyalty programs, bringing value direct to
consumers through an array of benefits in healthcare, discounts, security and
personals. Members may access their benefits at DealPass, an online portal for
Adaptive Marketing member programs. With broad online and offline distribution
capabilities, Adaptive Marketing offers its corporate client partners effective
tools to enhance market presence, strengthen customer affinity and generate
additional value through programs, such as AP9 PrivacyMatters.
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Source : http://www.prweb.com/releases/2005/5/prweb236826.htm