Twollow
  • Tech
    internet provider

    Bravo Telecom: How Montreal’s Internet Providers Ensure Resilient Telecom Services

    How Does OCR Technology Ease Data Entry Work

    How Does OCR Technology Ease Data Entry Work?

    Social Media APIs

    Harnessing Social Media APIs to Unlock the Power of Digital Connections

    medical call center

    Essential Tips to Improve Engagement for Private Podcasts

    How to Transfer Photos From iPhone to Mac Without USB

    6 Ways How to Transfer Photos From iPhone to Mac Without USB

    Best Camera Accessories You Should Get

    Best Camera Accessories You Should Get

    AC filter

    4 reasons to change your AC filters regularly

    HOS ELD Mandate

    What is an ELD? What is a HOS ELD Mandate? 

    UX designers

    Which Tech Career is Right for You?

  • Apps
    News Mobile App

    Best Practices For Creating Engaging News Mobile App

    app development

    InsiderTech No:1 Web Application Development

    Efficient Hosting Solutions

    Why Businesses Should Use Highly Efficient Hosting Solutions for Their Sites

    How To Build Android Apps With Node JS Using Android JS

    How To Build Android Apps With Node JS Using Android JS

    Is Powerapps Service The Future Of App Development?

    How To Make Night In Little Alchemy

    How To Make Night In Little Alchemy?

    How To Make Light In Little Alchemy

    How To Make Light In Little Alchemy?

    How To Make Glass In Little Alchemy

    How To Make Glass In Little Alchemy?

    How to Make a Blade in Little Alchemy

    How to Make a Blade in Little Alchemy?

  • How To
    unit trusts

    How to Invest in Singapore Unit Trusts

    How To Unlock All Gun Skins in free Fire With Lulubox

    How To Unlock All Gun Skins in free Fire With Lulubox

    solar panels

    Common Solar Panel Concerns and How to Deal With Them

    imei number

    How to Check IMEI Number?

    bong

    How do you manufacture a bong?

    Central heating

    DIY Guide: How To Install A Designer Radiator

    website

    Things That Might Be Wrong With Your Website And How To Fix Them

    design a business logo

    How to Design a Successful Business Logo

    How Live Streaming works

    How Live Streaming works – Everything You Need to Know

  • Business
    • All
    • Finance
    Maximizing Google Sheets For Your Business

    Maximizing Google Sheets For Your Business

    Resources To Help Black-Owned Small Businesses

    5 Resources To Help Black-Owned Small Businesses

    Tips to Keep Your Chicago Business Secure

    Tips to Keep Your Chicago Business Secure

    right web development team

    How to Build the Right Web Development Team for the Next Project?

    supply chain design

    Ways To Keep Supply Chain Sustainable

    smartcards

    What can an immigration lawyer do for you?

    How is Barter Network Relevant in Modern Businesses

    How is Barter Network Relevant in Modern Businesses

    Finding time

    12 Benefits of Using a Container Tracking System

    How to Prepare Your Business for Growth

    New Year, New Opportunities: How to Prepare Your Business for Growth

  • Marketing
    Types of Content to Post on Instagram

    Types of Content to Post on Instagram

    SMM Panel

    Why Groom Insta is the Best SMM Panel Worldwide for Social Media Marketers

    How Technology Helps Companies Sales Department

    How Technology Helps Companies Sales Department

    Free Templates

    The Trap of Free Templates: Are Cookie-Cutter WordPress Websites Really Enough?

    Create a Twitter Marketing Strategy

    Get Seen: A 7-Step Plan on How to Create a Twitter Marketing Strategy

    How to Successfully Market a Medical Device

    How to Successfully Market a Medical Device

    video making

    How to use Stock Videos in Commercial Projects?

    social media results

    How to Connect with Other Businesses on Social Media

    SharePoint Gantt Chart Web Part

    SharePoint Gantt Chart Web Part

  • General
    Yamaha Motorcycle OEM Engine Parts

    3 Key Yamaha Motorcycle OEM Engine Parts

    lawsuit against Tylenol

    The class action lawsuit against Tylenol

    wearing motorcycle jacket while riding

    5 Types Of Motorcycle Jackets For Riding

    AI

    5 Benefits of Intelligent Construction Sequencing

    people in the world are on the edge of hunger

    47 million people in the world are on the edge of hunger

    Crystal Smoking Pipes

    Top 4 Healing Properties Of Crystal Smoking Pipes That You Must Know

    kratom business

    Can Super Indo Kratom Help Boost Your Energy This Winter?

    cbd

    Is Dabbing CBD Isolate A Safe Option For Beginners?

    Steps to a Successful Garage Door Repair

    Steps to a Successful Garage Door Repair

  • Reviews
    Development of Cryptocurrency

    A Crypto.com Overview

    Ophthalmology eyesight examination

    Red Light Therapy Devices for Eyes: Where to Buy

    text to speech

    Best Text to Speech Converters Reviewed

    air purifier

    Where Can You Find the Best Air Cleaner Pro Reviews?

    How to Choose a Cheap Hosting

    Liquid Web Reviews: A Look At A Reliable Hosting Company

    Ionic Training

    Get Ionic Training and Improve Your Career Options

    Learning Experience

    Salesforce DX myTrailhead to Customize the Learning Experience

    Best Web Hosting Services

    10 Best Web Hosting Services 2018

    Honey Chrome Extension Review

    Honey Chrome Extension Review – Is It Scam Or Real?

  • Featured
No Result
View All Result
  • Tech
    internet provider

    Bravo Telecom: How Montreal’s Internet Providers Ensure Resilient Telecom Services

    How Does OCR Technology Ease Data Entry Work

    How Does OCR Technology Ease Data Entry Work?

    Social Media APIs

    Harnessing Social Media APIs to Unlock the Power of Digital Connections

    medical call center

    Essential Tips to Improve Engagement for Private Podcasts

    How to Transfer Photos From iPhone to Mac Without USB

    6 Ways How to Transfer Photos From iPhone to Mac Without USB

    Best Camera Accessories You Should Get

    Best Camera Accessories You Should Get

    AC filter

    4 reasons to change your AC filters regularly

    HOS ELD Mandate

    What is an ELD? What is a HOS ELD Mandate? 

    UX designers

    Which Tech Career is Right for You?

  • Apps
    News Mobile App

    Best Practices For Creating Engaging News Mobile App

    app development

    InsiderTech No:1 Web Application Development

    Efficient Hosting Solutions

    Why Businesses Should Use Highly Efficient Hosting Solutions for Their Sites

    How To Build Android Apps With Node JS Using Android JS

    How To Build Android Apps With Node JS Using Android JS

    Is Powerapps Service The Future Of App Development?

    How To Make Night In Little Alchemy

    How To Make Night In Little Alchemy?

    How To Make Light In Little Alchemy

    How To Make Light In Little Alchemy?

    How To Make Glass In Little Alchemy

    How To Make Glass In Little Alchemy?

    How to Make a Blade in Little Alchemy

    How to Make a Blade in Little Alchemy?

  • How To
    unit trusts

    How to Invest in Singapore Unit Trusts

    How To Unlock All Gun Skins in free Fire With Lulubox

    How To Unlock All Gun Skins in free Fire With Lulubox

    solar panels

    Common Solar Panel Concerns and How to Deal With Them

    imei number

    How to Check IMEI Number?

    bong

    How do you manufacture a bong?

    Central heating

    DIY Guide: How To Install A Designer Radiator

    website

    Things That Might Be Wrong With Your Website And How To Fix Them

    design a business logo

    How to Design a Successful Business Logo

    How Live Streaming works

    How Live Streaming works – Everything You Need to Know

  • Business
    • All
    • Finance
    Maximizing Google Sheets For Your Business

    Maximizing Google Sheets For Your Business

    Resources To Help Black-Owned Small Businesses

    5 Resources To Help Black-Owned Small Businesses

    Tips to Keep Your Chicago Business Secure

    Tips to Keep Your Chicago Business Secure

    right web development team

    How to Build the Right Web Development Team for the Next Project?

    supply chain design

    Ways To Keep Supply Chain Sustainable

    smartcards

    What can an immigration lawyer do for you?

    How is Barter Network Relevant in Modern Businesses

    How is Barter Network Relevant in Modern Businesses

    Finding time

    12 Benefits of Using a Container Tracking System

    How to Prepare Your Business for Growth

    New Year, New Opportunities: How to Prepare Your Business for Growth

  • Marketing
    Types of Content to Post on Instagram

    Types of Content to Post on Instagram

    SMM Panel

    Why Groom Insta is the Best SMM Panel Worldwide for Social Media Marketers

    How Technology Helps Companies Sales Department

    How Technology Helps Companies Sales Department

    Free Templates

    The Trap of Free Templates: Are Cookie-Cutter WordPress Websites Really Enough?

    Create a Twitter Marketing Strategy

    Get Seen: A 7-Step Plan on How to Create a Twitter Marketing Strategy

    How to Successfully Market a Medical Device

    How to Successfully Market a Medical Device

    video making

    How to use Stock Videos in Commercial Projects?

    social media results

    How to Connect with Other Businesses on Social Media

    SharePoint Gantt Chart Web Part

    SharePoint Gantt Chart Web Part

  • General
    Yamaha Motorcycle OEM Engine Parts

    3 Key Yamaha Motorcycle OEM Engine Parts

    lawsuit against Tylenol

    The class action lawsuit against Tylenol

    wearing motorcycle jacket while riding

    5 Types Of Motorcycle Jackets For Riding

    AI

    5 Benefits of Intelligent Construction Sequencing

    people in the world are on the edge of hunger

    47 million people in the world are on the edge of hunger

    Crystal Smoking Pipes

    Top 4 Healing Properties Of Crystal Smoking Pipes That You Must Know

    kratom business

    Can Super Indo Kratom Help Boost Your Energy This Winter?

    cbd

    Is Dabbing CBD Isolate A Safe Option For Beginners?

    Steps to a Successful Garage Door Repair

    Steps to a Successful Garage Door Repair

  • Reviews
    Development of Cryptocurrency

    A Crypto.com Overview

    Ophthalmology eyesight examination

    Red Light Therapy Devices for Eyes: Where to Buy

    text to speech

    Best Text to Speech Converters Reviewed

    air purifier

    Where Can You Find the Best Air Cleaner Pro Reviews?

    How to Choose a Cheap Hosting

    Liquid Web Reviews: A Look At A Reliable Hosting Company

    Ionic Training

    Get Ionic Training and Improve Your Career Options

    Learning Experience

    Salesforce DX myTrailhead to Customize the Learning Experience

    Best Web Hosting Services

    10 Best Web Hosting Services 2018

    Honey Chrome Extension Review

    Honey Chrome Extension Review – Is It Scam Or Real?

  • Featured
No Result
View All Result
Twollow
No Result
View All Result

How to Safeguard Your Data When You Borrow Online

by Tom Fogden
August 28, 2021
0
borrow online
Share on FacebookShare on Twitter

Do you need to borrow money to handle an unexpected expense? Before you apply, you need to take some steps to ensure your personal information is safe.

In the financial world, personal information consists of your contact details, banking numbers, and social security number. In other words, all the stuff hackers need to commit fraud.

It’s a good idea to keep this information under cyber lock and key any time you borrow. Whether you’re applying to get a loan today or keeping this in mind for a later date, here are some tips for borrowing an online loan safely.

What You Can Expect from a Lender

Bad lenders follow subpar practices that put your financial details in the crosshairs. Luckily, they happen to be a minority.

The majority of financial institutions understand the importance of safeguarding their customer’s information.

It’s just good business. Having the right policies in place will save them the headache of dealing with the fallout of a data breach, something that could cost them dearly in settlements and reputation.

So what are these policies that work in both your favors? Here’s what you should look for in a lender.

1. Encryption

You can’t apply for or receive an installment loan online unless your lender can collect your data on their website.

When they do, they should use comprehensive secure socket layer (SSL) encryption to ensure the data you share with their servers is protected at every step of the process.

2. License

A license is a good sign a financial institution uses adequate encryption. Privacy and lending laws in the US require financial institutions to acquire a license before they can provide loans — from cash advance payday loans and installment loans to lines of credit. These laws protect you from unsafe borrowing practices, including online security risks.

What You Can Do to Protect Your Data

Once you find a financial institution that satisfies the above criteria, that’s one step down. The next? Making sure your online habits aren’t going to undo all the hard work lenders do to protect your data.

Here are some safety tips to remember any time you apply for or manage a loan online.

1. Use Strong, Unique Passwords

Using the same login credentials for every account is a bad idea. As soon as one account gets hacked, all of them are exposed. That’s why it’s crucial you create a strong, unique password for your online loans, even if you borrow from a secure lender. This online loan account will be safe even if your email gets exposed in another unrelated breach.

2. Review Your Financial Statements and Credit Report

Checking your financial statements is an excellent habit to get into at anytime — before, during, or after you borrow money. It helps you keep tabs on all that’s coming and going in these accounts, so you can catch anything that’s amiss.

When it comes to your credit report, you’ll want to watch out for unusual payment history and balances in existing accounts, as well as new payday loans cash advances or line of credit extensions you didn’t request. This is a sign someone is using your financial details to borrow money, leaving you on the hook for the bill!

Bottom Line

It’s normal to exchange personal information when borrowing money online. But you’ll want to make sure you and your financial institution are handling this info properly. Follow these tips to keep your identity safe.

Tom Fogden

Tom Fogden

Tom Fogden is a writer for Twollow with a range of experience in the world of tech publishing. Tom covers everything from cybersecurity, to social media and website builders when he's not reviewing the latest phones, gadgets, or occasionally even technology books.

Related Posts

Cryptocurrency Investment
Finance

Investing in Crypto Currency Tokens

If you're curious about investing in cryptocurrencies, you've come to the right place. Tokens are a type of cryptocurrency. They're...

by John Morris
November 24, 2022
Cryptocurrency Investment
Finance

Things That You Must Know Before Cryptocurrency Investment

Cryptocurrency has become highly popular, and many people, including youngsters, are investing in crypto trading it to make profits. Cryptocurrency...

by Haris V.
November 16, 2022
Traditional Stock Trading
Finance

Why Binary Trading Is Better Than Traditional Stock Trading

There are many reasons why binary trading is better than traditional stock trading. For one, binary trading is much simpler...

by Haris V.
November 8, 2022
Borrowing Money
Finance

What We Think You Should Know About Borrowing Money

Borrowing money is something that pretty much everyone will do at some point during their life, but it’s not always...

by Haris V.
October 24, 2022

Recommended

internet provider

Bravo Telecom: How Montreal’s Internet Providers Ensure Resilient Telecom Services

February 1, 2023
Maximizing Google Sheets For Your Business

Maximizing Google Sheets For Your Business

February 1, 2023
Yamaha Motorcycle OEM Engine Parts

3 Key Yamaha Motorcycle OEM Engine Parts

January 31, 2023

Who We Are

Twollow is one of the leading tech and business blogs, that is dedicated towards updated Technology & Business news, reviews, Apps, how-to, smart tricks, and tweaks.

Follow Us

  • Facebook

Categories

  • Apps
  • Business
  • Education
  • Featured
  • Finance
  • General
  • How To
  • Marketing
  • Reviews
  • Security
  • Tech
  • Uncategorized

Top Posts & Pages

  • 100+ Free Premium Minecraft Accounts & Passwords (Tested 2023)
    100+ Free Premium Minecraft Accounts & Passwords (Tested 2023)
  • Damon Salvatore Rule 34: Everything You Need To Know 
    Damon Salvatore Rule 34: Everything You Need To Know 
  • How Much Weight is Allowed in a 20 ft and 40 ft Container?
    How Much Weight is Allowed in a 20 ft and 40 ft Container?
  • How to Get Free Virtual Phone Number for WhatsApp Installation
    How to Get Free Virtual Phone Number for WhatsApp Installation
internet provider

Bravo Telecom: How Montreal’s Internet Providers Ensure Resilient Telecom Services

February 1, 2023
Maximizing Google Sheets For Your Business

Maximizing Google Sheets For Your Business

February 1, 2023
Yamaha Motorcycle OEM Engine Parts

3 Key Yamaha Motorcycle OEM Engine Parts

January 31, 2023
  • About Us
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • Disclaimer
  • Cookie Privacy Policy

No Result
View All Result
  • Home
  • Security