Smart Money Moves to Make in 2023: Savings, CDs, & Investing
The start of a new year is the perfect time to improve your money habits and try out some of the hottest new money management products on the market. With a better handle on your finances, you can meet (or even exceed) your short and long-term goals. Whether you’d like to pay off debt, come… Continue reading Smart Money Moves to Make in 2023: Savings, CDs, & Investing
Debt Forgiveness: Do You Owe the IRS at Tax Time?
If you’re overwhelmed with debt, debt forgiveness may be an option. While it may seem like the ideal way to get out of debt, there are some pitfalls to this strategy. As long as you understand what debt forgiveness is and how it works, you can make an informed decision for your unique situation and… Continue reading Debt Forgiveness: Do You Owe the IRS at Tax Time?
Guide to Finances for Nontraditional Students
Head to a typical college campus, and you’re likely to see plenty of young adults fresh out of high school. However, they aren’t the only ones preparing for a new career. About a quarter of students enrolled in public, four-year colleges were between the ages of 25 and 34 in 2019, according to the… Continue reading Guide to Finances for Nontraditional Students
Where Employees Have Most to Gain from the New Normal
Now that vaccines are finally being rolled out, Americans and their employers are wondering what the post-pandemic work environment will be like. One thing the past year has demonstrated is how productive working from home can be for some people. Productive enough that working from home may be part of the new normal for many… Continue reading Where Employees Have Most to Gain from the New Normal
7 Ways to Stop Overspending In 2023
Trying to save money can be challenging. Learn some of the best ways to stop spending money to help you get your budget under control.
Financial Survival Guide for The Coronavirus Pandemic
Worried about how your finances will survive the coronavirus pandemic? See how to handle both short-term and long-term finances in light of this crisis.
Pay Off Debt or Save – What’s More Important?
Should you save money or pay off debt? For total financial health, you want to carry little debt and have savings for emergencies and retirement. But few of us get off to a perfect start. If you’re looking at a pile of debt and no savings, which problem should you tackle first? The answer depends on several factors.
Credit Card Vs Debit Card – Which Is Better?
For disciplined consumers, plastic can be fantastic. A debit card and credit card allow you to make purchases safer and easier without having to carry cash. That begs the question: When should you use a debit card vs credit card?
Debt Statutes of Limitations for Every State
Every state has a statute of limitation under which debts become uncollectible. When a specified amount of time passes, the creditor must suspend collection efforts. The map below shows how many years it takes for a debt to become uncollectible in your state.
Note that some debts like government-backed student loans do not fall under these statutes.
Pay for Delete Letter for Collection Agency Accounts
The only way to improve your credit score when paying a collection (for most credit scoring models) is to convince the agency to delete your account in exchange for payment. Credit experts call this “pay for delete.” You can use this sample letter to create your own note to collection agencies.