Apparently there were hints made by Senseg, a touchscreen interface solutions developer, during last week’s yearly Mobile World Congress trade-show that a brand new and ground-breaking technology may be used by Apple. The computer, tablet and cell phone giant is contemplating using this touchscreen technology in the iPad HD, also known as the iPad 3.

The new and exciting technology would allow the makers of touchscreen devices to modify the way the screen feels, coinciding with whatever graphics are being looked at by the user. What this means is that a user will not only be able to see the graphics, such as rocks for example, but will also be able to feel the rough surface on the screen! In the same way pictures of silk could have a soft feel.

Essentially this would transform “touchscreens” and turn them into “feelscreens.”  This was purported on the company’s official website. The best part is that this technology can be utilized on any device that has a touchscreen. The possibilities are almost endless and we cannot wait to get our hands on one of these “feelscreen” devices!

With the new touchscreen technology, devices will almost seem to come to life as users can feel contours, textures and edges. Thanks to this innovative technology brought to us by Senseg, creators of smart phones, tablets or any other touchscreen device can offer users the ability to feel tactile sensations, enabling them to feel the transformation at their fingertips.

When the question as to whether or not this rumor was true was presented to a spokesperson for Senseg, the reply was basically that no statements will be made until Apple’s makes it’s official announcement.  While the people at Pocket-lint are tending to take that answer in addition to other clues to mean the wonderful new technology may be seen in the third generation Apple tablet, there is nothing concrete yet to suggest it is 100% true.

Apple will disclose details about its third generation iPad during a press conference to be held today at 11:00 AM Pacific, 1:00 PM Eastern time. Until we get the iPad HD in our hands we will not know for sure how great this new technology is but one thing is for sure. Apple is making advances to their touchscreen products every day. It seems with each product they release we are simply blown away with what they can do.

We ordinary people cannot even comprehend the idea of being able to feel graphics come alive in our hands. The hope is that we will not have to imagine it for long! If Apple takes this step and introduces this technology to their products, we are certain it will not be long before other touchscreen companies follow suit. Who knows? There may come a time in the very near future when the ability to smell what we are looking at will emerge.

However, what many of us question is exactly what is inside credit report? There are actually four areas in a credit report which pertain to identifying information, credit information, public records and of course recent inquiries. When asking what is inside credit report it is important to understand each of those broad categories and the information contained within as well as the weight each category carries  in terms of creditworthiness.

What Is Inside Credit Report Identifying Information?

Of course identifying information is used to keep you separate from all the other thousands of people across the country that may have your same name. Therefore, identifying information begins with your name and any aliases you may have used which are known to the reporting agencies. This section will also list your date of birth, social security number and your current address.

Any previous addresses known to the credit bureau may also be available. In this section employers, current and past, may be listed as would the same kinds of information about your spouse if you are married. Although this area does seek to make absolutely certain that you are the person being referred to, mistakes do happen so carefully check every last detail for accuracy.

What Is Inside Credit Report Credit Information?

This is perhaps the most important area of your credit report for you to understand because this is given the most weight in terms of creditworthiness. Before understanding what information would be listed here, it is vitally important to make sure you know how important it is to make sure these accounts really belong to you. With the rise of identity theft and fraud in this country, many consumers find that they have been negatively affected by accounts they were not responsible for.

Credit information in your credit report pertains to any accounts you have with such entities as retail stores, banks, credit card companies, utility companies and other types of lenders/creditors. Within this area, accounts are listed by the type of loan or credit such as student loans, mortgages, revolving lines of credit and installment loans. Also listed in this area would be the credit limit or the amount of the loan and of course your payment history over the past two years. Prospective creditors will pay special attention to this area.

What Is Inside Credit Report Public Records?

This particular area of your credit report really only carries weight, for the most part, in so far as it reflects on why it is being examined. For example most of the reporting agencies list such public records as tax liens, bankruptcies and monetary judgments (i.e. evictions) filed with the courts. Some of the reporting agencies may also record non-monetary judgments which may or may not affect how your credit history is viewed by the person/business reviewing it. These records can be from either state or county courts.

What Is Inside Credit Report Recent Inquiries?

Anyone who runs your credit history will be recorded in your credit report. However, some are not visible to just anyone. There are hard inquiries and soft inquiries and only hard inquiries will negatively affect your credit score. Hard inquiries are run when you are applying for credit, for example and soft inquiries are usually run by such entities as prospective employers. Soft inquiries do not affect your credit score and are not visible on your report.

You might rightfully ask what is inside credit report information and how it can affect your life, but it is vitally important that you check for errors and fraudulent entries. These are among the quickest and easiest to fix while it may take a good deal of time to repair your credit if you have been consistently late on paying bills. All information is important, but some carries more weight and credit scores are not part of your credit report.

The Age of Electronic Data Transfer

As recently as a couple of decades ago, most creditors reported to the three credit rating agencies by fax and/or USPS mail. There were no centralized computer data bases established which could be accessed 24/7 in order to upload reports. In fact, it wasn’t until the mid 1990’s that the Internet virtually exploded, making information quicker and easier to access. Now creditors can upload to the reporting agencies daily if needed which is one of the main reasons why a one-time credit report may not be enough. Your credit report can change many times throughout the week if creditors report negative or positive payment history.

Identity Theft Running Rampant

While the age of electronic data transfer enables consumers to instantly access information on the Web, it also enables thieves to intercept that data and literally steal your identity. Only accessing your credit report once leaves you wide open to identity theft which is a leading cause of bad credit scores. If you can monitor your credit report so that every time a change is reported, you can more easily protect yourself against identity theft. There are a few ways of doing this, which include contracting a credit monitoring service that will notify you by email or text message every time your credit report registers a change. You can also apply for your three free annual credit reports staggered throughout the year, although this isn’t as efficient because there are four months in between each report.

Human Error Can Affect Your Credit Report

Then there is human error to be concerned with. Sometimes a data entry clerk at Experian, TransUnion or Equifax make mistakes, after all they are only human. However, they are not the only ones responsible for errors on your credit report. Lenders are also known to make reporting errors which can have a devastating effect on your credit. Your credit report could have erroneous information recorded and you would never know until you were refused credit or that perfect job you have been waiting for. Sometimes it could be as simple an error as wrong digits in your social security number while other times you could be reported as not paying your Master Card on time when you have been keeping a zero balance for years. A one-time credit report would not afford you the opportunity to catch human errors before they can do some serious damage.

Monitoring Your Credit Report

As mentioned, the best way to make sure that your credit report is as accurate as possible is to monitor it on a regular basis. Yes, you are entitled to a free annual credit report from each of the three major reporting agencies, but is that enough? In order to keep tabs on what is being recorded on your credit report, it is always beneficial to find a service that will notify you as changes occur. They are not expensive and will help you to correct errors or fraud as soon as they are entered on your credit report. Is one time credit report enough? If maintaining a good credit score is important to you, a one-time credit report just isn’t going to be enough.

The Financial Markets Association, The Securities Industry as well as the International Swaps and Derivatives Association filed these challenges back in December. The challenge was against regulations which were put into effect by the Commodities Future Trading Commission.

The US Court of Appeals in Washington DC ruled that the case would have to be heard in a lower court. This argument was of course put forth by the Commodities Future Trading Commission, also known as the CFTC. The panel which was comprised of three judges made their ruling based on the fact that there is no distinct congressional authorization of the direct appellate review that would be considered applicable to this particular for review.

The judges also stated that federal law on the matter was in place for other organizations and agencies; however not for challenges of the new regulations. The CFTC had made their votes back in October and the outcome was 3-2. This set limits on positions regarding the amount of commodities swaps and futures that a single trader could hold. This moves has been seen by many traders as a politically charged motivation to place cap prices which would in effect make the market more volatile and less liquid.

Shortly after the regulations were put in place, the two trading groups filed a lawsuit in order to try and contest the new set of rules, claiming that the CFTC had gone over the line and had exceeded its power, and that there was no justifiable reason for the regulations.

The CFTC made the argument that the lawsuit should be first heard in the US District court in DC. This is the typical process as once a case is heard and decided upon in this lower court, the appellate court is where challenges are made, making the process quite a bit longer. Some might believe that this is the reason the argument was made in the first place but that is only speculation as there has been no official comment made that speaks to the reasoning of the CFTC.

While the statute seemed unclear to the two trading groups, they were not quite sure what the answer would be which is the reason they made the choice to file in both of the courts, according to Steve Kennedy who is a spokesperson for the ISDA. The financial industry groups had already filed the same challenge with the district court in DC but they thought they would have to wait until the appellate court decision was handed down.