Editor | In Credit Score, Identity Theft
Jill Krasny is a writer living in NYC.
It’s hard to overstate the value of emergency funds. They’re what savers tap into when life gives them lemons, and having one can often mean the difference between reaching financial goals and racking up debt. Now a new study from the Urban Institute, a Washington, D.C.-based think tank focused on economic and social policy, suggests emergency funds are more than just a... Read More
Your heart is set on a shiny, new set of wheels but your credit is tanked. Don’t despair; you’re not the first driver to face this dilemma. Car leases do exist for those with bad credit and may even help you beef up your score. Here’s why: Monthly payments can be much lower for leased cars, they often fall under... Read More
Jason Lowery is a typical 29-year-old. He likes hanging out with friends, loves his family and spends weekends tinkering on his hobby car, a 1969 Chevrolet Chevelle. But unlike most of his peers, he’s completely debt-free, right down to his college tuition. Born in the “lowly little” town of Lilburn, Georgia, as he jokingly put it, Lowery did well for himself.... Read More
Love it or hate it, Obamacare seems to be working, at least for low-income Americans who otherwise wouldn’t have access to healthcare. That’s according to a working paper published Monday by the National Bureau of Economic Research, which found that offering health insurance to these consumers helped them avoid insurmountable debt. For those newly covered by Medicaid since 2014,... Read More
It’s the scam that just keeps going, and even though tax season’s over, it shows no signs of stopping. What is it, you ask? The Internal Revenue Service telephone tax scam and, if you’re not careful, you could become its next victim. Here’s how it works: A scammer calls, claiming to be an IRS agent or... Read More
It all started when Mitch Daniels, the president of Purdue University, got a crazy idea: What if the public college in West Lafayette, Indiana allowed students to apply for education funding in exchange for a chunk of their earnings? Purdue would be the first American university in 50 years to revisit the concept, known as an income-share agreement,... Read More
If you got a 1099-C in the mail and thought, “Why is this happening?!” join the club — most Americans are frightened by tax forms. But the last thing you should do is ignore it. A copy of these forms are electronically sent to the tax man, and the tax man will slap you with penalties if you fail... Read More
If your credit’s in the gutter, you won’t be doing yourself any favors by making rash moves. In fact, you may worsen your situation. When trying to repair your credit, it’s key to remember the basics: Check your credit reports for accuracy, find out why your score is so low and come up with a plan for improving... Read More
If you know you owe taxes but can’t pay right away, don’t despair. There are options, although some are admittedly better than others. Here a few ways to take care of your tax debt so it doesn’t come back to haunt you. Failing to pay your taxes can lead to a tax lien on your credit reports, which... Read More
Here are nine tips for people who have waited until the last minute to file their taxes... Read More
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