6 10, 2018

6 Common Credit Report Errors

By |2018-10-25T21:09:58+00:00October 6th, 2018|

The information contained in your credit report should be fair and accurate. After all, it determines your credit score and helps lenders, creditors, and other companies decide whether to do business with you. Unfortunately, credit report errors are extremely common. In 2013, the FTC reported that one in five Americans had discovered an inaccuracy on [...]

30 09, 2018

5 Things You Shouldn’t Put on Your Credit Card

By |2018-10-05T17:42:29+00:00September 30th, 2018|

When used correctly, your credit card can be a useful personal finance tool. Credit cards can fund everyday purchases, build your credit score, and even earn valuable rewards. But when you use your card the wrong way, you can easily fall into financial hot water and damage your credit. There are certain things you should [...]

21 09, 2018

6 Tips for Protecting Your Social Security Number

By |2018-09-26T17:05:19+00:00September 21st, 2018|

With identity theft a rising threat for all Americans, it’s extremely important to keep your Social Security number safe and secure. With just a little identifying information and your Social Security number, thieves can apply for credit and open accounts in your name, wrecking your credit in the process. But your Social Security number is [...]

11 09, 2018

6 Credit Card Benefits You Might Not Be Using

By |2018-09-26T17:18:24+00:00September 11th, 2018|

Credit card companies usually highlight their showier benefits, like cash back rewards or airline miles, to draw in new business. But many credit cards provide much more than that, offering a full suite of valuable benefits to their customers. If you’re only aware of your credit card’s surface level perks, you might not be getting [...]

8 09, 2018

5 Password Best Practices You Should be Using

By |2018-09-26T17:59:35+00:00September 8th, 2018|

When it comes to protecting your online accounts, passwords are one of the most important lines of defense. Your finances, credit score, and identity are all protected by the passwords you keep. Unfortunately, many people practice poor password security, which can leave them vulnerable. While passwords aren’t foolproof against thieves and hackers, using good practices [...]

25 08, 2018

What to Do When a Debt Collector Calls

By |2018-09-05T18:46:24+00:00August 25th, 2018|

Getting an unexpected call from a debt collector can be an intimidating experience. Often, debt collectors will try to pressure you into paying them over the phone on the spot. But even if you’re swimming in debt, you have rights when a debt collector calls, and you should always do your homework and exercise your [...]

18 08, 2018

How Credit Card Pre-approval Offers Work

By |2018-09-26T17:49:38+00:00August 18th, 2018|

If you’ve ever received a credit card pre-approval offer in the mail, you may have wondered why the credit card issuer is reaching out to you. How do they know you would be a good customer? Why are they extending you an offer unprompted? And are these offers guaranteed? The business of credit card pre-approvals [...]

7 08, 2018

5 Things to Avoid in a Credit Card for Bad Credit

By |2018-09-26T17:59:52+00:00August 7th, 2018|

One of the best ways to build credit is responsible use of a credit card. By maintaining a low balance and making your payments on time, you can use your credit card to improve your credit score. But if you already have bad credit, it can be tough to get approved for a card in [...]

4 08, 2018

Who Can Check Your Credit Report?

By |2018-09-26T17:03:16+00:00August 4th, 2018|

The primary purpose of your credit report is to demonstrate your creditworthiness to lenders and creditors. In other words, your credit report can help companies decide whether to approve or deny your loan and credit card applications. But lenders and credit card companies aren’t the only ones that can pull your credit report. In fact, [...]

28 07, 2018

5 Myths Surrounding Bankruptcy

By |2018-08-21T06:57:25+00:00July 28th, 2018|

When you’re drowning in debt, bankruptcy can be an escape route. Bankruptcy can help you discard or pay off debts and get some financial relief, but it can also be devastating for your credit, causing your credit score to take a nosedive. Unfortunately, there are many misconceptions and myths surrounding bankruptcy. Here are five of [...]

14 07, 2018

5 Things to Negotiate With Your Credit Card Company

By |2018-08-21T06:54:06+00:00July 14th, 2018|

If you’re unhappy with the terms of your current credit card, you might think you’re stuck with the status quo. But credit card companies are often willing to negotiate certain terms, especially if you’re a good customer or if you have special financial circumstances. Here are five things to negotiate with your credit card company. [...]

1 07, 2018

Free Credit Report Freezes Are on the Way: Here’s What You Need to Know

By |2018-08-21T06:50:29+00:00July 1st, 2018|

Following last year’s enormous Equifax data breach that compromised the personal information of 143 million Americans, consumers were left wondering how to protect themselves from fraud and identity theft. One solution is credit freezes, which prevent thieves from using your credit to open fraudulent accounts in your name. But freezing your credit with all three [...]

22 06, 2018

Is a Debt Consolidation Loan Right for You?

By |2018-08-21T06:39:10+00:00June 22nd, 2018|

When you’re stuck with high-interest loans or massive credit card balances, it’s hard to envision a future where you aren’t overwhelmed by debt. If that describes you, you may be considering a debt consolidation loan to help dig yourself out. Personal loans for debt consolidation are offered by many banks and credit unions. They allow [...]

17 06, 2018

How to Get Your Credit Ready for a Credit Card Application

By |2018-08-21T06:33:40+00:00June 17th, 2018|

Before you apply for a credit card, it’s a good idea to review your credit and identify opportunities for improvement. That’s because a better credit score can get you lower interest rates, higher credit limits, and access to better cards. Whether you’re applying for your first credit card or your fifth, you should take some [...]

15 06, 2018

How Virtual Card Numbers Make Online Shopping Safer

By |2018-08-21T06:29:06+00:00June 15th, 2018|

Cybersecurity is a constant concern for retailers that store consumer data online. Even so, hackers are persistent, and data breaches have happened to some of the largest retailers in the world. When you use your credit card or debit card to shop online, you run the risk of your account information falling into the wrong [...]

27 05, 2018

How to Protect Your Identity While You’re on Vacation

By |2018-08-14T18:15:18+00:00May 27th, 2018|

People take vacations to explore new places, get away from the daily grind, or just plain relax. But even when relaxation is your goal, you need to be vigilant against identity theft. According to the Bureau of Justice Statistics, over 17 million people fell victim to identity theft in 2014 alone, and thieves won’t take [...]

20 05, 2018

Seven Reasons to Pull Your Credit Report Right Now

By |2018-08-21T06:20:29+00:00May 20th, 2018|

A lack of familiarity with your credit report could cost you big. The information in your credit report determines your ability to qualify for credit cards, loans, and even employment in some cases. Negative information in your credit report could hurt your credit score and block access to the financial products you need. You should [...]

17 05, 2018

Synthetic Identity Fraud Targets Children in a Long Con

By |2018-08-21T06:15:23+00:00May 17th, 2018|

Criminals with a lot of time on their hands are committing a con that can take years to pay off and sounds like something out of the future: Synthetic identity fraud. Instead of the traditional identity theft of stealing an existing identity from someone and posing as them, synthetic identity fraud criminals create a new [...]

12 05, 2018

Credit Card Lost or Stolen? Here’s What to Do

By |2018-08-21T06:08:28+00:00May 12th, 2018|

Your credit card is one of the most valuable items in your wallet, and you rightfully might feel frantic if it’s been lost or stolen. But unlike some other pieces of property, federal law protects your credit card. Replacing it might be a pain, but if you act fast you can limit the damage done. [...]

9 05, 2018

How to Protect Your Physical Documents from Identity Theft

By |2018-08-21T05:57:59+00:00May 9th, 2018|

Each year, millions of Americans fall victim to identity theft. It’s a serious threat, as thieves can use your personal information to open new accounts, claim tax refunds, file fraudulent Medicare claims, and more. Even if your identity isn’t stolen, thieves may try to use your personal information to gain access to your bank account [...]

4 05, 2018

4 Ways Credit Cards Can Help Your Credit Score

By |2018-08-21T18:04:43+00:00May 4th, 2018|

When used correctly, credit cards are one of the best tools available for building or improving upon your credit. They directly impact several factors that determine your credit score and are a good place to start if you want to make a positive change. Here are four ways credit cards can help you build your [...]

4 05, 2018

Why to Always Use a Credit Card Over a Debit Card to Avoid Fraud

By |2018-08-21T18:11:22+00:00May 4th, 2018|

Debit cards are one of the worst ways to use your money if you want your ID protected. Because it’s linked directly to your bank account, anyone with your card information can instantly withdraw all the money from your account. If that doesn’t scare you enough, there’s the fact that debit cards don’t have near [...]

4 05, 2018

How the Dark Web Can Threaten Your Credit and Financial Security

By |2018-08-21T18:16:16+00:00May 4th, 2018|

Despite an increasing focus on the importance of cybersecurity, organizations continue to lose consumer data to hackers and data breaches on a regular basis. It’s a widespread problem that will likely continue to grow and leave you vulnerable to fraud and identity theft. While you may know the basics of keeping yourself protected (not sharing [...]

30 04, 2018

Your Kid Should Have a Credit Card Before They Can Drive

By |2018-08-21T18:20:22+00:00April 30th, 2018|

The parental refrain “Do what I say and not what I do” isn’t a wise one in many respects, but especially when it comes to financial talks with your kids. Parents lead by example and if you’re racking up credit card debt you can’t afford, then you may be teaching them bad money habits. Such [...]

30 04, 2018

3 Best Ways to Stop Your Credit Report From Being Hacked

By |2018-08-21T18:24:11+00:00April 30th, 2018|

Data breaches are just about a daily occurrence. Whether it’s at a hospital, business school, energy provider or any other business with personal data on file, hackers are finding more ways to steal information and possibly later use it for fraud. Checking a credit report each month to make sure thieves haven’t opened accounts in [...]

30 04, 2018

Credit Cards vs. Debit Cards: Which is Safer for Online Shopping?

By |2018-08-21T18:32:57+00:00April 30th, 2018|

Online shopping offers convenience and great deals, but it also leaves you vulnerable to hackers and data breaches. Criminals are constantly trying to break into the databases of online retailers to access consumers’ personal information and debit or credit card numbers. You should take steps to protect yourself online, and that includes determining the best [...]

25 04, 2018

Five Underused Tools that Make Online Shopping Safer

By |2018-08-21T18:37:34+00:00April 25th, 2018|

Staying safe as you shop online requires diligence. Some good habits, such as keeping your credit card number private, are obvious. But savvy shoppers can go above and beyond to reduce the risk of theft and fraud as they shop on the Internet, using modern technology and safeguards to protect themselves. Here are five underused [...]

23 03, 2018

5 Ways to Build Credit When You Don’t Have Any

By |2018-08-22T04:32:40+00:00March 23rd, 2018|

When you don’t have any credit history, it’s hard to qualify for credit cards and loans, which are ironically the very tools you need to build good credit. Lenders simply can’t judge your ability to manage debt without any past information to evaluate. This is a common challenge for young people and anyone without any [...]

10 03, 2018

This Tax Season, Beware IRS Phone Scams That Target Taxpayers

By |2018-08-22T04:39:06+00:00March 10th, 2018|

Each year in the United States, tax season provides con artists an opportunity to scam taxpayers out of their hard-earned money. It’s a serious problem that is only on the rise: according to the IRS, the number of potential victims for one common scam has skyrocketed from hundreds to several thousands in a matter of [...]

2 03, 2018

How Secured Credit Cards Can Help You Build Credit

By |2018-08-22T04:47:39+00:00March 2nd, 2018|

When they’re used correctly, credit cards are one of the best ways to build credit. But if you have bad credit or a thin credit history, you might have trouble getting approved for a card. It’s a classic catch-22. Secured credit cards were designed for people in your scenario. While they have a few quirks [...]

25 02, 2018

Protecting Your Kids from Identity Theft

By |2018-08-22T04:51:54+00:00February 25th, 2018|

Children are just as vulnerable to identity theft as adults, but they don’t have access to the same system of checks and alerts. By falsifying birth dates, thieves can use your child’s Social Security number to open credit cards, take out loans, apply for government benefits, and more. When it’s done to a child, identity [...]