A credit report will include credit accounts, public records, credit inquiries and any statements of dispute. You should check your credit history at least once a year to keep tabs on your finances and make sure no one has stolen your identity. Everyone is entitled to one free report a year from each of the three credit reporting agencies. (You can get your free credit report at AnnualCreditReport.com.) Learn more about what your credit report says about you.
While Chapter 7 bankruptcy clears your obligations to pay debts that you owe, it won't clear a lien your lender has on your property. Q: I went through Chapter 7 discharge but the bank will not release the lien on my home. What can I do? A: There is at least one thing that [...]
Refinancing your mortgage can be a way to change your loan terms. If you refinance, you may be able to get a better interest rate or shorten the length of your loan, which can potentially save you money over time. With mortgage interest rates hovering around 4 percent, your savings from refinancing may be significant—especially [...]
The Federal Trade Commission (FTC) is kicking off 2015 with Tax Identity Theft Awareness week, January 26 to 30. The purpose of this week is to educate people about identity theft—which could be anyone with a Social Security number (SSN). More than 1.6 million people were affected by tax identity theft in 2013. The IRS [...]
Accessing or “pulling” your credit report allows you to review your credit behavior. You can see what lenders are reporting about you while you monitor your payment history. Checking your credit report should be a regular part of your routine financial behavior, similarly to reviewing your bank statements or creating a budget. Some consumers are [...]
It’s selling season and buyers are excited to take advantage of the incredible low interest rates out there. But before you start shopping for a mortgage, you should check your credit score. You need to know where your credit stands to be able to work towards the house of your dreams. FICO credit scores start at 300 [...]
Mortgage interest rates are rising. But it's not too late to refinance your mortgage and hit a home run while you do it. While interest rates aren't quite at rock bottom, it's still a great time to refinance. If you have the ability to refinance, do it. Even if you have already refinanced, if you can [...]
Last year, I found myself shopping at a major retailer. The store was having a great sale, and I found a fair number of clothes that fit me, all at an excellent price. When I was checking out, the cashier offered me a big discount if I opened up a major credit card co-branded with [...]
A tax filer has an accountant "friend" who filed tax returns but had the money deposited into his account. The accountant is likely guilty of fraud for stealing the tax returns. The filer should contact the IRS immediately and learn to file their own taxes for the future.