Use Online Rate Tables to Protect Your Identity, Says Informa Research Services

A healthy credit history and rating has become inevitable for any individual who wishes to invest in property and buy a home. In such a scenario there has been a mass proliferation of identity thieves who try and secure personal information. As per an independent analysis done by Informa Research Services, by buying mortgage rates through the Internet, the user is not only assured of the most competitive rate out there but also keep a tab on who has access to an individual’s personal credit information.

Informa (News - Alert) Research Services is a reputed provider of market research and decision support information. They provide both quantitative and qualitative research. Additionally, they help with securing competitor intelligence by scouring out pricing information, product comparisons, fee and feature studies, industry news, and real-time online solutions. Their portfolio of services also include mystery shopping services, which help businesses get information on employee sales, service, compliance, fair treatment, customer satisfaction, retention and new product launch.

Informa Research further warns users of websites which can get multiple mortgage quotes within a stipulated amount of time, for example, “Get quotes from five different lenders in five minutes”. These websites accept keyed in personal information and transmit the same to several banks or mortgage firms, as a result of which multiple parties, none of whom were personally picked, would have access to personal information.

With the online mortgage rate comparison tables, individuals need to enter minimum sensitive information, like property value, credit rating, loan value/type required and the website throws up mortgage rates for which individuals may be eligible for based on the information.

Once the individual decides to go ahead with these rates, they can also decide which banks/mortgage houses have access to his personal information unlike the regular websites. Users can choose any number of third parties to receive personal information, be it two or twenty. There is greater control this way and greater protection for personal information. Individuals are also assured of the most competitive rates available.

In today’s tough economic times, the need to protect one’s identity and safeguard a healthy credit history has become of paramount importance and online rate tables help individuals do just that.