The Government Fires a Few Debt Collectors, But Completely Misses the Point

Students

The Government Fires a Few Debt Collectors, But Completely Misses the Point

The Government Fires a Few Debt Collectors, But Completely Misses the Point

Some surprising news on the student-loan front: The U.S. Education Department announced that it would terminate the contracts of five of its 22 debt-collection company subcontractors. Per the department’s press release, the soon-to-be ex-collectors made “materially inaccurate representations to borrowers about the [government’s] loan rehabilitation program” and also what borrowers could expect to be reflected… Read More

Do Genetics Influence Your Credit Score?

Credit Score

Do Genetics Influence Your Credit Score?

Do Genetics Influence Your Credit Score?

There is the standard list of factors that influence your credit score: payment history, outstanding balances, the types of credit that you use and so on. But what you probably don’t realize is that your genes may also play an important role. Yes, your biological wiring might make you more likely to be more risk-seeking… Read More

Should the Secret Service Protect Candidates Online?

Identity Theft

Should the Secret Service Protect Candidates Online?

Should the Secret Service Protect Candidates Online?

The Democratic and Republican gristmills got to work last week on Hillary Clinton’s “homebrew” email, and the ensuing firestorm underscored an alarming lack of cyber-savvy among the leading players of the 2016 election. It also raised a serious question: Should the Secret Service protect presidential candidates from cyberattacks? News of Hillary Clinton’s use of a… Read More

The 2% Down Payment Mortgage: Can You Get One?

Mortgages

The 2% Down Payment Mortgage: Can You Get One?

The 2% Down Payment Mortgage: Can You Get One?

The biggest barrier for many would-be homeowners is the pile of cash that’s needed before a bank will even discuss a mortgage. The Federal Housing Administration, in an effort to boost the housing market, recently lowered down-payment requirements to 3.5% of the purchase price, but by the time would-be buyers consider closing costs, they still… Read More

Consumer Watchdog Says You Should Be Able to Sue Your Credit Card Company

Credit Cards

Consumer Watchdog Says You Should Be Able to Sue Your Credit Card Company

Consumer Watchdog Says You Should Be Able to Sue Your Credit Card Company

For years, consumer advocates have claimed that binding arbitration clauses have quietly but dramatically limited consumers’ ability to seek justice and have their day in court. On Tuesday, the Consumer Financial Protection Bureau released results of a broad study that appears to support those claims. While a majority of banking customers are subject to arbitration… Read More

What’s the Most Dangerous Kind of Identity Theft?

Identity Theft

What’s the Most Dangerous Kind of Identity Theft?

What’s the Most Dangerous Kind of Identity Theft?

Like the thieves behind the crime, identity theft can take on many disguises depending on the information stolen. When identity theft goes undetected, these crimes can not only cost victims their money, but also their health and well-being. It’s nearly impossible to avoid identity theft, but awareness and vigilance are key to fixing the problem… Read More

Can You Get a Better Credit Card?

Credit Cards

Can You Get a Better Credit Card?

Can You Get a Better Credit Card?

You’re pre-approved. Many people who have experienced bad credit might agree that these words seem like a light at the end of the tunnel. They mean that a lender wants to consider extending credit to you, and they’d like you to apply. (Though keep in mind that pre-approval doesn’t guarantee approval.) Not to downplay the… Read More

Show Me More

Find out where you stand.
Get your FREE personalized credit report card.

Sign Up Now
X

Stay Connected to Our Experts

Please submit your email address to get credit & money tips & advice
from our team of 50+ experts, delivered weekly to your inbox.