Credit Score - Is Your FICO Score Relevant?
Each week on my show, we discuss credit scores and how to raise them. We also discuss how to remove errors. Having a great credit score will help you get the best deals on credit - should you need to get a credit card, auto loan or a mortgage. But having a great credit score will also help you get a…
Today on the Ilyce Glink Show - May 24, 2009
Today on the Ilyce Glink show, we had a call about the Roth IRA conversion change for 2010. I've been writing about this for awhile, and basically the change boils down to the following:
If you make too much money (over $100,000/year) to convert your current IRA to a Roth IRA…
Are You Using Your 401k to Pay For Your Housing Expenses?
What happens when your luck runs out? You go into backup mode, and start working through your assets. Then, it's time to tap your retirement savings, even though your golden years may be just around the bedn. But what happens after your 401(k), 403(b), 457 retirement plan IRAs are depleted? How do…
Ilyce Glink Show Notes - March 29, 2009
Early in today's show, I took a call from Mike who said he had filed for bankruptcy 9 years ago, amid a tough and expensive divorce battle and custody fight. He managed to re-establish his credit, but had rebuilt his credit card debt to about $30,000.
He's working three jobs (he said he has no…
Credit Card Company Calls Debtor's Parents
Jason, a 22-year old listener, called the show to complain that he was 3 months late on an $850 credit card debt, and his credit card company called his mom to tell her. She call him and gave him heck.
He's mad at the credit card company for violating the law. I agreed that they did, but I told him…
More Americans File For Bankruptcy In First Half Of 2008
More Americans filed for bankruptcy in the first half of 2008 compared to the first half of 2007.
The American Bankruptcy Institute announced that filings increased 30 percent during that time.
In June alone, more than 82,700 people filed for bankruptcy. Last year at the same time, 68,559 people…
I've been writing about credit histories and what helps or dings your credit score. Take a look at the story. I've started to receive comments on it and thought we could post them here.
Arlene is first! Do you agree with her comments?
Dated: 6/6/2008Comment regarding your credit article on 6/5/08…
Does LifeLock Really Work? Not The Way It Should
The guy who waves around his Social Security Number and dares people steal it might be regretting that dare.
Todd Davis, owner of the fraud prevention company LifeLock, has had his service fail his own Social Security number.
According to an AP wire story, Davis has had his identity stolen and now…
Equifax Announces Another Tool To Protect You From ID Theft
Ever seen that commercial where people dance around cheerfully because they have stolen someone's financial identity? One of the characters is a guy who talks like a little girl because he's stolen her identity.
Identity theft occurs when someone pretends to be you when applying for credit cards, a…
Quick Quiz For Credit Counseling
The National Foundation for Credit Counseling recently issued a True/False quiz to see if you're a good candidate for credit counseling. Here's the quiz:
Credit Freeze Can Protect You From Identity Theft
It's become a little bit easier for you to protect yourself from identity theft. As of Nov. 1, 2007, all three credit bureaus, TransUnion, Equifax and Experian, now allow people in all 50 states to freeze their credit, according to Consumers Union, the publisher of Consumer Reports.
Why freeze your…
We're recapping some of the important business/financial news of the week, including Countrywide's stunning announcement that it's going to cut as many as 12,000 jobs, about 20 percent of its workforce.
We're also taking your calls. We've already spoken to Matt, a 23-year old who recently moved to…
Indymac Bank announced this afternoon that it is returning to the jumbo loan market. In other words, if you're in the market for a mortgage in excess of $417,000, they're interested. Oh, and you've got to have fairly strong credit.
"Given our strong financial position, we are fully committed to the…
Identity Been Stolen? Here's What To Do.
I've published this information before, but it's worth a refresher:
ID Theft -- What to do if you're a victim
Contact Experian, Equifax and Trans-Union to place a fraud alert on your account. Initial alert lasts 90 days. If you have been the victim of a fraud, 2-years. Military personnel can get a…
I was hosting my WSB radio talk show this morning (tune into www.thinkglink.com/radiio to listen or go to iTunes to download it next week) and was taking calls from first-time buyers who wanted to know what kind of financing to get.
This isn't unusual. During the course of a 2 or 3-hour radio show, I…
We are opening up our tents and setting up shop at ThinkGlink.com
Over the next few weeks, you'll be able to see the new look and feel of ThinkGlink.com unfold, complete with a ThinkGlink store.
We plan to sell books (we're even planning to give away a book for free (plus shipping and handling), as…
Looking For The Perfect Credit Card
According to the NPD Group, more than 60 percent of consumers look for better credit card deals each year. And this week, when credit card bills from December are causing January migranes, credit card companies tend to launch their new programs.
Barclays Bank recently announced that it is issuing a…
