Did you know you have many credit scores? When you obtain your credit score, you are getting a generic score. Your lender, however, will most likely receive a different number specific to its industry. Are you applying for an auto loan, mortgage, credit card, or insurance? You have a different credit score for each.
Many people don’t realize credit scores are used for more than applying for credit cards and loans. Your number can be used in other ways, too.
Now is the time to sharpen your financial acumen. April is National Financial Literacy Month. This month-long focus on money is an effort to help Americans of all ages understand the importance of handling money wisely and giving them the skills to do so. Why is this important? Many Americans are heading towards financial crisis. […]
The following article is from the American Association of Daily Money Managers (AADMM) Fraud takes an enormous financial, as well as emotional, toll on victims. It can destroy businesses and ruin financial lives. According to the Insurance Information Institute,following the introduction of microchip equipped credit cards in 2015 in the United States, which make the […]
Valentine’s Day is a time when we express our love with flowers, chocolate, dinner, and cards. We continue to express our love every day through many ordinary tasks: making and sharing meals, offering to run an errand, shoveling the front walk, listening when someone needs to talk. The list is endless. When it comes to […]
The following article is from the American Association of Daily Money Managers (AADMM). Fraud takes an enormous financial, as well as emotional, toll on victims. It can destroy businesses and ruin financial lives. Many individuals, businesses, and organizations are affected by scams and other fraudulent activity on a daily basis. A report in the American […]
Welcome to the New Year, a time for fresh starts. For many people, keeping track of bills and paying them on time can be a hassle. Here are three daily money management techniques you can use to make a fresh start and streamline your bill paying. 1. Create and use a financial calendar A financial […]
In response to the massive data breech last year at Equifax, a new federal law will allow you to place a freeze on your credit file at no cost. Currently, you must pay a fee to do so. The law takes effect September 21, 2018. Equifax, Experian and Transunion are the three major credit reporting […]
I am getting ready to “launch” my daughter as she heads off to college next fall. She is an adult. Although my husband and I will still support her, we no longer have any legal authority to access her financial accounts, health information, and even her grades. It does not matter that we are her […]
When I perused a USA Today newspaper recently, I read a statistic* that stuck in my mind: “66% of adults 45 and older are concerned about not being able to maintain a reasonable standard of living in retirement.” Sixty-six percent is significant! This led me to think about two expenses which have greatly impacted some […]