A New Telemarketer Tactic: Impersonating Teachers

Personal Finance

A New Telemarketer Tactic: Impersonating Teachers

A New Telemarketer Tactic: Impersonating Teachers

Caller ID isn’t always what it appears, and increasingly, criminal telemarketers are taking advantage of that.  Aggressive phone sales operators have pretended to be the IRS, and they’ve pretended to be charities, but apparently they’ve developed a new tactic recently — impersonating teachers, calling parents at home during the school day. A flurry of calls... Read More

Home Sales & Prices Up in August

Mortgages

Home Sales & Prices Up in August

Home Sales & Prices Up in August

Residential property prices and sales continued to recover in August, according to RealtyTrac’s monthly residential and foreclosure sales report. Sales volume of single-family homes, condos and townhomes increased 2% from July, at an annualized pace of 5.6 million. That’s a 12% increase from August 2012, which was at 5 million. Additionally, the national median sales... Read More

3 Credit Card Rewards Programs Just Got Better

Credit Cards

3 Credit Card Rewards Programs Just Got Better

3 Credit Card Rewards Programs Just Got Better

When airlines and hotels change their rewards programs, it is almost always for the worse. For example, many hotel programs underwent a major downgrade earlier this year, and Southwest Airlines recently announced that it would require 15% more points to redeem award flights in its lowest fare class. But recently, several credit card reward programs have... Read More

Where America’s Small Businesses Are Succeeding

Credit 101

Where America’s Small Businesses Are Succeeding

Where America’s Small Businesses Are Succeeding

Small businesses in the U.S. have improved their credit profiles, but certain areas of the country have seen more success than others. Looking at small business credit performance from the second quarter of 2013, Experian and Moody’s Analytics found stronger credit among businesses in the western United States, particularly in the Mountain West. On a... Read More

How to Stay on Budget With a Home Renovation

Personal Finance

How to Stay on Budget With a Home Renovation

How to Stay on Budget With a Home Renovation

Giving your home a makeover is one of the most satisfying things you can do. There’s nothing like starting with a vision of what your house could become, working hard to make it happen, and then seeing the results right in front of your eyes. And not only is it satisfying, it can be potentially... Read More

Can a Debt Collector Double My Debt?

Managing Debt

Can a Debt Collector Double My Debt?

Can a Debt Collector Double My Debt?

If you’re trying to clear up your credit by paying off a collection account, beware: you may owe more than you thought. A Credit.com reader asks: I have an old credit card collection that started as a $4,000 charge-off and the collector is telling me that I now owe double that amount.  Can collectors arbitrarily... Read More

MasterCard vs. Visa: What’s the Difference?

Credit Cards

MasterCard vs. Visa: What’s the Difference?

MasterCard vs. Visa: What’s the Difference?

It can be hard to keep straight all of the companies whose logos may appear on your credit card. First, you always have the issuing bank or credit union, such as Chase or Capital One. Then you may have a company that may be co-branding your reward cards, such as United Airlines or Hilton hotels.... Read More

7 Loans You Thought Had Disappeared

Mortgages

7 Loans You Thought Had Disappeared

7 Loans You Thought Had Disappeared

You don’t hear much about certain types of mortgages these days. Option ARMs, interest-only, stated income, no-money down, teaser rates – many of the most popular types of mortgages from the days of the housing bubble have virtually disappeared. But are they really extinct? Or have they simply gone into hibernation, waiting to emerge again... Read More

Study: With Age Comes Financial Wisdom

Personal Finance

Study: With Age Comes Financial Wisdom

Study: With Age Comes Financial Wisdom

Do we get wiser as we age, or do our mental abilities decline? The answer is probably both, new research says. Researchers from the University of California, Riverside, and Columbia University tested the decision-making skills and intelligence of 336 participants for a study published in Psychology and Aging. There were 173 participants between ages 18 and 29, and 163 between 60... Read More

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