There are many unclaimed money sites that you can search to see if you are owed unclaimed money. So how do you know which sites you should use and which you should avoid? This article will give you the information you need to decide.
The nations total of unclaimed money has risen to over $40 BILLION! Most people don't even know how likely it is they or someone in their family is owed unclaimed money.
The other problem is most people don't know where to go to see if they are owed unclaimed money or conduct an unclaimed money search that is not comprehensive and they miss finding money owed to them.
So, how do you know what site to search on and which to stay away from? Here is what you need to know:
State Sites for Unclaimed Money Searches
State sites have money from only their state. While many people might assume this is good if they have only lived in one or two states, it is not. Unclaimed money can be reported outside of your state of residence and therefore can easily be missed if you search a singular state database.
Accounts reported under a variation of the legal name are often missed by state unclaimed money searches.
Also, State sponsored sites will not search the many federal unclaimed money databases.
A State unclaimed money search is probably not be the best bet.
Combined States Databases
Some states participate in combined state databases. The problem is that not all states participate and there are no federal databases included. It is still an incomplete search....
Other Unclaimed Money Sites
There are quality All-in-One unclaimed money websites that offer money from all 50 states and federal databases. This will give you a better chance of finding unclaimed money owed to you and not having money overlooked due to using a site that conducts a shallow or state only search for unclaimed money.
BUT -
BEWARE of sites that want you to pay to access the database and do not offer a free search.
"Free Search" for Unclaimed Money Sites
Some of the best unclaimed money sites offer a Free Search. This lets you input your name PRIOR to having to pay to access the database. This way you know if money is owed to you PRIOR to having to pay to access the unclaimed money database.
In a Free Search you enter your name and the results will tell you if there is unclaimed money reported as "owed" to your name.
Paying to Access a Site Good or Bad?
Paying a small fee to access a QUALITY unclaimed money site is a good idea if you conducted a free search on the site and found your name is owed money. It is usually a small fee. You don't need to pay more than $11.00 to access a good site.
The good sites also offer unlimited searches and unlimited access to the site. This allows you to search for unclaimed money for your family and friends also.
Does it Search a Variation of Legal Name?
An excellent database will also search for name variations. Unclaimed money accounts are often reported under a variation of your legal name. For example Susan Reynolds may be reported as S. Reynolds, Sue Reynolds or Susie Reynolds.
Armed with this information you can make an informed decision on which database you should use to find your unclaimed money!
Nicole Anderson offers more information about unclaimed money at www.cashunclaimed.com. Cash Unclaimed's database covers all state and federal databases, has Name Match technology, which will search variations of your name to ensure nothing is overlooked, and offers unlimited name searches to members. Click on www.cashunclaimed.com for a free money search and locate your missing money today!
Source: www.a1articles.com
