How Your Neighbor’s Lack of an Emergency Fund Affects You

Personal Finance

How Your Neighbor’s Lack of an Emergency Fund Affects You

How Your Neighbor’s Lack of an Emergency Fund Affects You

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

Can I Get a Car Lease With Bad Credit?

Auto Loans

Can I Get a Car Lease With Bad Credit?

Can I Get a Car Lease With Bad Credit?

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

How a Rocket Scientist Manages His Money

Personal Finance

How a Rocket Scientist Manages His Money

How a Rocket Scientist Manages His Money

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

The $600 Savings Some Americans Are Getting From Obamacare

Personal Finance

The $600 Savings Some Americans Are Getting From Obamacare

The $600 Savings Some Americans Are Getting From Obamacare

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

Tax Season Is Over … But You Can Still Get Scammed

Personal Loans

Tax Season Is Over … But You Can Still Get Scammed

Tax Season Is Over … But You Can Still Get Scammed

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

Inside the Student Loan Experiment Happening at Purdue

Students

Inside the Student Loan Experiment Happening at Purdue

Inside the Student Loan Experiment Happening at Purdue

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

Everything You Need to Know About the Dreaded 1099-C

Personal Finance

Everything You Need to Know About the Dreaded 1099-C

Everything You Need to Know About the Dreaded 1099-C

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

The Biggest Mistakes People Make When Trying to Fix Their Credit

Credit Score

The Biggest Mistakes People Make When Trying to Fix Their Credit

The Biggest Mistakes People Make When Trying to Fix Their Credit

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

Help! I Owe Money on My Taxes & I Can’t Pay

Personal Finance

Help! I Owe Money on My Taxes & I Can’t Pay

Help! I Owe Money on My Taxes & I Can’t Pay

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

Show Me More by Jill Krasny

Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.