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Credit.com in the News 6/15/12

by Tim Langevin on 06/16/2012

This week the experts from Credit.com contributed to a wide range of publications on subjects including taxes, identity theft, credit scores, credit cards and debt. Check out the hits…

Credit.com chairman Adam Levin talks to Harris Faulkner at Fox News about the password data breach of social and dating sites like LinkedIn and eHarmony. He explains why you shouldn’t use the same password for multiple accounts and the best way to build a strong password. He also talks prevention and what we can do to stop the problem before it starts. As always, Adam brings home the fact that we are the managers of our own identity profile and the importance of keeping it safe. Watch the master at work! @Adam_K_Levin @HarrisFaulkner @FoxNews

Free Credit Check ToolOur resident debt guru Gerri Detweiler chats with WTOP Radio about what rights borrowers have when debt collectors begin to call them and the people they know. She advises that meeting in the middle is often the best policy, but also warns of illegal practices that collectors are known to take part in. Listen to Gerri’s advice here. @GerriDetweiler @WTOP

While many banks and credit unions are offering tiny amounts of interest on the money that’s kept with them, there are some high-yield accounts being offered if you know where to look. This is also happening online, which Gerri explains can be a great opportunity if managed correctly. If you’re comfortable with banking online and you’re vigilant about avoiding fees there is still opportunity to make money from your money. @burnett434 @orlandosentinel

If it seems that there is a daily news story about a data breach and thieves stealing personal information that’s because there is. Focusing on one of many in a string of recent data breaches, the AJC explains the scale of the breach at Global Payments. Gerri warns those whose personal information has been compromised to alert the credit reporting agencies and keep a close eye on their accounts. This is good advice to anyone who has dealt with data theft. Continue reading for more of Gerri’s wise advice. @FitzTrubey

Credit.com team member and personal finance contributor, Tim studied journalism at Columbia College, Chicago and graduated with a degree in Integrated Marketing Communications. Tim shares his unique insight on finding the best bargains and tips to help consumers stay on budget and in control. Have a question for our experts? Email them at CreditExperts@Credit.com.

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