The Winter Identity Theft Scam Targeting Homeowners

Identity Theft

The Winter Identity Theft Scam Targeting Homeowners

The Winter Identity Theft Scam Targeting Homeowners

The mercury is dropping around the country, but scammers are turning up the heat with a tried-and-true cold weather scam: the Shutoff Swindle. Bad guys pose as utility workers and threaten to shut off your service claiming unpaid bills. Their goal: To get your personally identifiable information to commit identity theft. They’ll encourage you to... Read More

Bank Mistake Labels Customers As Bankrupt

Credit Score

Bank Mistake Labels Customers As Bankrupt

Bank Mistake Labels Customers As Bankrupt

Bankruptcy is one of those things that makes people cringe. It’s not an experience people desire, so imagine how much you’d freak out if your bank mistakenly told a credit reporting agency you were bankrupt. That’s exactly what happened to some Fifth-Third Bank customers, according to the Cincinnati Enquirer. The error occurred in the fall,... Read More

How One Woman Survived Divorce & Bankruptcy

Managing Debt

How One Woman Survived Divorce & Bankruptcy

How One Woman Survived Divorce & Bankruptcy

Divorce can simplify finances — if for no other reason because there’s a lot less potential for miscommunication. Just one person is making household financial decisions, so it’s a lot easier to know what’s going on. Indeed, a recent Credit.com survey found that 51% of divorced women say that they are very satisfied with how... Read More

3 Stupid Things You Do With Your Credit Card

Credit Cards

3 Stupid Things You Do With Your Credit Card

3 Stupid Things You Do With Your Credit Card

Everyone makes poor financial decisions from time to time, but there are some money decisions that reach a whole new level of bad. Recently, Evan Cutler, a resident of northern New Jersey, was on a commuter train and overheard a fellow passenger, sitting three rows back, give his credit card number to whomever was on... Read More

Can Paying Your Taxes Late Affect Your Credit Score?

Credit Score

Can Paying Your Taxes Late Affect Your Credit Score?

Can Paying Your Taxes Late Affect Your Credit Score?

It’s a good thing to be punctual, especially when it comes to financial matters. Credit scores rely heavily on your payment history, so developing a habit of making on-time payments will help you improve and maintain high credit scores. While tax information isn’t generally reported to credit bureaus, missing the deadline for paying the IRS... Read More

Why Troubled Homeowners Could Face Huge Tax Bills

Mortgages

Why Troubled Homeowners Could Face Huge Tax Bills

Why Troubled Homeowners Could Face Huge Tax Bills

Financial adversity is an unhappy fact of life — jobs are won and lost, savings stashed and spent, and investments gain and lose ground all the time. Certain reversals of fortune are within our ability to predict and prevent. Indeed, some losses may even be manageable. Others, though, are impossible for some to overcome. Apparently,... Read More

Are Platinum Credit Cards Worth the Fee?

Credit Cards

Are Platinum Credit Cards Worth the Fee?

Are Platinum Credit Cards Worth the Fee?

Getting an offer in the mail for a platinum credit card can be quite flattering. After all, a platinum card offers some major perks for cardholders, but they generally come with an annual fee. While not all platinum credit cards charge an extra fee, you’ll need to figure out whether the card’s perks are worth the... Read More

Small Businesses: Prepare to Be Breached!

Identity Theft

Small Businesses: Prepare to Be Breached!

Small Businesses: Prepare to Be Breached!

If some in the small business community thought to themselves, “better them than us,” after hearing that hackers had breached mega chains Target, Neiman Marcus and (possibly) Michaels, their bliss was short-lived. Reports surfaced last week that the cyber-intruders accessed Targets’ systems by first hacking one of their (comparatively) small regional contractors, Fazio Mechanical Services. Fazio,... Read More

Should I Close My Credit Card to Get a Mortgage?

Credit Score

Should I Close My Credit Card to Get a Mortgage?

Should I Close My Credit Card to Get a Mortgage?

There was a time that you could qualify for a mortgage with just a decent credit score and a self-reported, unverified source of  income. Since the housing crisis, banks are now double-checking everything and only giving the best rates to those with the highest credit scores. So now more than ever, credit card users need... Read More

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