Your credit score defines you financially. Establishing and maintaining good credit will make your life infinitely easier. To establish a good credit score you must make your payments on time and in full every month. You can also improve your credit score by minimizing your debt. Learn more here about your credit score and what it means for you.
Is your email address wrecking your creditworthiness? A recent study found that a person’s digital footprint can predict their financial behavior. Did you know your cell phone or email address can reflect your creditworthiness and might limit your ability to take out a mortgage? According to a recent study from Frankfurt School of Finance & [...]
This reader stopped paying his mortgage when his loan was sold. It’s been a few years since he made a mortgage payment and apparently has little contact with the lender. Q: My mortgage was sold to a loan processor in 2011. I got a welcome letter saying my payment was $635 when it really should [...]
Having your bankruptcy recovery plan in place before filing will help you get back on track to rebuild your credit post-bankruptcy. This is how to get started. Q: My husband and I are going to file bankruptcy within the next 2 to 3 months on our personal accounts and our business. What is the best [...]
Everyone could use some money help, but it seems like there’s never enough time to get started. But what if you could save more money each month and learn how to budget in just one hour? In honor of Money Smart Week, I’ve compiled 7 quick and easy ways to save more money in just [...]
Everyone wants a great credit score, but it turns out there are some persistent scary credit stories going around that could turn this goal - and your finances - into a nightmare. According to a recent survey by Capital One on Americans’ credit confidence, plenty of respondents describe their credit history favorably, or at least [...]
When buying car insurance, it’s important to understand the factors that can affect your premium rates and coverage. But how can you tell the difference between truth and fiction? A good place to start is by reading the following on the five common myths about auto insurance. Myth 1: It’s all black and white During [...]
If you owe money to the IRS, the agency could file a tax lien against you. A tax lien is a legal claim to all of a taxpayer’s property for the amount that taxpayer owes the IRS. It establishes priority rights against other creditors that might also have liens against the taxpayer’s assets. In addition [...]