How to Recognize a Credit Repair Scam

Everyday, companies target consumers who have poor credit histories with promises to clean up their credit report so they can get a a home mortgage, car loan, insurance, or even a job once they pay them a fee for the service. The truth is, these businesses can’t deliver a better credit report for you using the tactics they promote. It’s illegal: No-one can remove accurate negative information from your credit report. So after you pay them hundreds or thousands of dollars in fees, you’re left with the same credit report and somebody else has your money. Continue reading

What is Forex Trading?

Forex Trading is trading currencies from different countries against one another. Forex is acronym of Foreign Exchange.As an example, in Europe the currency in circulation is named the Euro (EUR) and in the U.S. the currency is called the US Dollar (USD). An example of a forex trade is to buy the Euro while simultaneously selling US Dollar. This is known as going long on the EUR/USD. Continue reading