How Not to Handle Credit Cards in College

Students

How Not to Handle Credit Cards in College

How Not to Handle Credit Cards in College

Millions of young adults just graduated from high school and are in the final stages of preparing for college, and that might mean having access to credit cards for the first time. But for those who have never used a credit card before, getting accustomed to the kind of spending flexibility they provide can take… Read More

The Bad Guys Know You’re An Olympics Addict

Identity Theft

The Bad Guys Know You’re An Olympics Addict

The Bad Guys Know You’re An Olympics Addict

It’s another manic Monday, and you’re racing to drop off the kids, fight traffic, and get to work in time—to watch the Olympics. Americans are putting in time at the office—not to do actual work, but to watch Misty May-Treanor and Kerri Walsh Jennings go for gold in beach volleyball. Or the hot, post-Hunger Games… Read More

Military Families Cutting Back-to-School Costs

Personal Finance

Military Families Cutting Back-to-School Costs

Military Families Cutting Back-to-School Costs

Many Americans have been affected by the recent economic downturn, and this is also true of military servicemembers, a number of whom say they plan to significantly reduce the amount they spend for their kids’ back-to-school shopping. While about half of middle-class military families say they’re planning to buy clothes and supplies for their kids’… Read More

Four Years of College for the Price of Three?

Students

Four Years of College for the Price of Three?

Four Years of College for the Price of Three?

Suppose for a moment that the student loan crisis is painstakingly addressed the way it should, the ideological debate about interest rates—subsidized or not—is exposed as the sham it is, and folks everywhere gain a better understanding of why the private student lenders continue to earn outsized returns relative to the risks they run. We’d… Read More

Debt-Free? Don’t “Lose” Your Credit Score

Credit Score

Debt-Free? Don’t “Lose” Your Credit Score

Debt-Free? Don’t “Lose” Your Credit Score

The CreditExperts at Credit.com recently received this question from a reader:  Hi, I have a 532 credit score at this point because I lost my job in 2008 and was forced to take another at a reduced pay scale.  I have debt but will be paying all of it off in September.  Will this raise… Read More

Online Threats That Will Throw You Off the Security Balance Beam

Identity Theft

Online Threats That Will Throw You Off the Security Balance Beam

Online Threats That Will Throw You Off the Security Balance Beam

By Ondrej Krehel By now you’ve all seen the video of American gymnast Aly Raisman’s parents wincing, twisting and turning in their seats as they watched their daughter compete for Team USA in the Olympics gymnastics competition. (If you’ve been off the grid, check it out here.) We know how they feel, because when we see… Read More

What to Do When Debt Collectors Break the Rules

Managing Debt

What to Do When Debt Collectors Break the Rules

What to Do When Debt Collectors Break the Rules

Getting a call from a debt collector is never pleasant. But Credit.com reader Sara Shannon is getting a double threat. Not only is a collections agency threatening her with a lawsuit, it also plans to sick the IRS on Shannon’s disabled, 84-year-old mother. “He is threatening to file a 1099-C and said the IRS will… Read More

Do You Need a Hacker-Proof Wallet?

Identity Theft

Do You Need a Hacker-Proof Wallet?

Do You Need a Hacker-Proof Wallet?

Last week, a researcher demonstrated an Adroid phone app that reportedly can steal credit card data through your pocket. So you might be wondering if you need to take steps to defend yourself. One of the easiest ways for identity thieves to get hold of your credit card info is a process known as skimming:… Read More

Smaller Lenders Making It Easier to Get an Auto Loan

Auto Loans

Smaller Lenders Making It Easier to Get an Auto Loan

Smaller Lenders Making It Easier to Get an Auto Loan

Lenders are now making it easier for consumers, even troubled ones, to obtain new financing across nearly all types of credit, and that is true even for smaller banks extending car loans. Recent data shows that credit qualifications for auto loans across much of the lending industry have slackened considerably, and now the same is… Read More

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