Sep
2014

‘I was interested in buying a car,’ says burglar Stephen Smith caught peering …

Comments(7)

A CONVICTED burglar was caught by plain-clothed police staring through the window of a house armed with a burglary toolkit.

The officers followed Stephen Smith, 36, after recognising him as he was cycling in Queens Road, west Hull, on August 12.

Smith, who had previous convictions for burglary and going equipped for theft, had a brown and black rucksack with him and was stopped after he was seen peering into a window in Elm Terrace, off Queens Road.

Asked what he was doing he said he wanted to see if they were in because there was a Vauxhall Corsa at the back of the property which he was interested in buying.

Sep
2014

6 Ways to Outsmart Data Brokers

You cant stop data brokers from harvesting your most intimate personal details, including what you buy, how much you make and even how healthy you are. But you can limit what they see.

For the most part, we dont have control over that information, says Paul Stephens, director of policy and advocacy at Privacy Rights Clearinghouse. Data brokers collect information from so many different sources — including public records, in-store transactions and online browsing — that its virtually impossible to go about your life without being spied on. You literally would need to live on an island with no access to anyone, says Stephens.

However, there are steps you can take to safeguard...

Sep
2014

Buying a family car? Remember: four doors good, two doors bad

The impending patter of tiny feet – and sleep-deprived nights – means that the two-seat sports car you’ve whizzed about in for the past few years has to go. It’s time to buy a sensible family car.

Looking for a vehicle in which to carry your new-born child means that in addition to the general concerns when buying a car (what can you get for your money? Do you buy or lease, go new or used, petrol or diesel?) is the question of what car will suit your growing family.

Firstly, you absolutely must have rear doors: just having two at the front will prove extremely awkward when attempting to access the back of the car with a child or child seat. Going for a vehicle...

Sep
2014

Police: Woman found with 73 credit cards

A New York woman who overstayed her visit at a Rte. 9 motel was arrested Saturday after authorities said she had more than 70 credit cards – none of which had her name on them, the MetroWest Daily News reported.

Rosemarie Jimenez-Torres, 20, of Brentwood, told police that the credit cards belonged to a friend and she was planning on giving them to him that day, police spokesman Lt. Stephen Cronin said on Monday.

The manager at Motel 6, 1668 Worcester Road, had gone into the Jimenez-Torres room on Saturday because he believed she had left without checking out. Her belongings were still in the room. He saw a bag containing dozens of credit cards and called police, according...

Sep
2014

Wells Fargo finds mortgage myths hamper home purchases

By Peter Rudegeair

NEW YORK (NEWS.GNOM.ES) Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo Co , the largest US mortgage lender.

Nearly two-thirds of respondents thought that a very good credit score was necessary to buy a home, and more than 40 percent thought they needed a down payment equal to at least 20 percent of the purchase price to buy a home.

Under government-backed programs, first-time home buyers with subprime credit scores can get a mortgage insured by the Federal Housing Administration, and they can put down as little as 3.5 percent of the purchase price.

...

Sep
2014

Potential Pitfalls in New Mortgage Plan from Citi, BofA

  • By

Both Citigroup Inc. and Bank of America Corp. have recently said theyll provide discounted mortgages to those with low incomes or subprime-credit histories. The plan is backed by the Neighborhood Assistance Corp. of America a Boston-based nonprofit.

The group doesn’t require down payments, doesn’t check borrowers’ credit scores and approves mortgages as soon as 12 months after a default on a loan or other adverse credit event. Still, the group does provide in-depth reviews of applicants and requires income and asset documentation.

With the story is The Wall Street Journal’s...

Sep
2014

Car Lease Credit Approvals Reach New High for the Year Despite SubPrime …

CINCINNATI, OH–(Marketwired – Aug 19, 2014) – Swapalease.com, the nations largest car lease marketplace, reports lease credit approvals during the month of July were 81.0%, the highest monthly level of the year and reversing a trend that saw continuous decline since January.

Despite the high marks in July, Swapalease.com attributes the growing number of car lease credit declines in 2014 to a rising number of car lease shoppers with SubPrime credit profiles seeking to enter the leasing market. Different than financing, most SubPrime candidates will not qualify for a lease, nor lease takeover, from the bank overseeing the cars payment schedule.

As a result even...

Sep
2014

Former Vacaville resident’s tech start-up recognized

Self Lender, a tech start-up co-founded by a former Vacaville resident, received recognition at the TechCrunch Disrupt SF conference in San Francisco last week.

The fledgling company was one of 26 teams chosen to compete in the tech blogs Start-up Battlefield contest. It was named runner-up for Accentures Open Innovation Enterprise Disrupter Award.

We are honored to have been considered for this prestigious award from Accenture at TechCrunch Disrupt, said Self Lender CEO James Garvey, who graduated from Vacaville High School in 2000. Its really an amazing feeling that such large market forces already see our potential at this stage.

Self Lender allows users to build their...

Sep
2014

Woman Arrested With 73 Credit Cards, None in Her Name

A New York woman was arrested Sept. 13 when she was found to have dozens of credit cards in her possession, none of them bearing her name, the MetroWest Daily News reported. Rosemarie Jimenez-Torres, 20, told police she was holding onto the cards for a friend.

The manager at the Framingham, Mass., Motel 6 where Jimenez-Torres was staying reported to police he found the bag of cards when he went to Jimenez-Torres room — he thought she had left without checking out. Her things were still in the room, and upon finding the bag of cards, the manager called the police. She allegedly had 73 credit cards in three names, but Jimenez-Torres told police she didnt know where they came from,...