Can You Get Out From Under a Co-Signed Loan?

Personal Finance

Can You Get Out From Under a Co-Signed Loan?

Can You Get Out From Under a Co-Signed Loan?

I recently answered a question about co-signing a lease (“Should I Co-Sign My College Freshman Son’s Lease?“). In that article, I said that co-signing a lease, or anything else, is typically a terrible idea. Perhaps it was that advice that prompted this recent question: Dear Stacy, I had to co-sign my daughter’s college loans. She... Read More

6 Signs You Might Be an Identity Theft Victim

Identity Theft

6 Signs You Might Be an Identity Theft Victim

6 Signs You Might Be an Identity Theft Victim

Last year, there were an estimated 12.6 million victims of identity theft, a number that has grown steadily over the years. If someone steals your identity and uses it to commit fraud, the sooner you catch the problem, the sooner you can work to resolve it. So here are some signs that you might be... Read More

6 Tips for Donating to Charity the Smart Way

Personal Finance

6 Tips for Donating to Charity the Smart Way

6 Tips for Donating to Charity the Smart Way

We are fast approaching the winter holidays and that means Salvation Army buckets will be making appearances outside stores across the U.S. But it’s not just the Salvation Army that ramps up its fundraising during the happiest season of all. A 2011 report from The Chronicle of Philanthropy found that nearly 70% of Americans believe... Read More

Credit.com in the News 11.16.13

Personal Finance

Credit.com in the News 11.16.13

Credit.com in the News 11.16.13

Small mistakes can make a mess of your finances. In the last few weeks, Credit.com’s experts spoke about the little things that can lead to big problems — identity theft or damaged credit — along with some tips for preventing and recovering from such missteps. Gerri Detweiler, Credit.com’s director of consumer education, outlined a few... Read More

Average Home Down Payment Falls to 15.73%

Mortgages

Average Home Down Payment Falls to 15.73%

Average Home Down Payment Falls to 15.73%

The average down payment for 30-year fixed rate mortgages dropped to 15.73% of the home’s value in the third quarter this year, down 2.74% from the second quarter, according to a report from LendingTree. A news release about report, which detailed the average down payment percentages by state, highlighted the relationship between down payment averages... Read More

A New Debt Collection Law: What It Means for You

Managing Debt

A New Debt Collection Law: What It Means for You

A New Debt Collection Law: What It Means for You

Companies that purchase charged off consumer debts owed by California residents will have some new and stricter guidelines to follow starting on Jan. 1, 2014. The changes are outlined in California’s Fair Debt Buying Practices Act. Most of the new rules resulting from the Act will be applied to debts purchased after the enactment date.... Read More

Is the Adobe Hack Just the Tip of the Iceberg?

Identity Theft

Is the Adobe Hack Just the Tip of the Iceberg?

Is the Adobe Hack Just the Tip of the Iceberg?

If you’re one of those folks who believed that “it will never happen to me,” when it comes to identity theft, the hack of Adobe’s internal database isn’t just bad news — it’s scary. It is increasingly inevitable that every business will suffer some kind of data breach — and that each of us will... Read More

Bartender: Will Tips Hurt My Chances of Buying a Home?

Mortgages

Bartender: Will Tips Hurt My Chances of Buying a Home?

Bartender: Will Tips Hurt My Chances of Buying a Home?

A reader recently asked us if cash deposits to a checking account could derail a mortgage. Kiersten wrote: I am [a] bartender and I receive cash tips at the end of every shift and deposit that cash regularly. They said the cash deposits could not be considered a part of my deposit as I could... Read More

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