On July 1, paid medical collections will disappear from Equifax, Experian and TransUnion credit reports. Previously, these could have remained for up to seven years. Also, unpaid medical collections will not appear on credit reports unless they’ve been in collections for at least a year (up from six months currently). And beginning next year, medical… Continue reading How Medical Debt Credit Reporting Is Changing: Here’s what you need to know!

The coronavirus pandemic has been a mental and physical drain for Americans. And during this global crisis, many consumers faced the added stress of dealing with financial services companies that didn’t always follow the rules or were slow to move when the federal government suspended certain loan payments during the pandemic.The CFPB’s annual consumer response report reveals… Continue reading How to Fix Covid-19 Related Credit Report Errors

If your credit score isn’t what you’d like it to be, don’t worry. You can take steps to raise it and improve your financial situation. A high credit score can lead to lower interest rates on credit cards, personal loans, student loans, and even mortgages. As a result, you’ll have lower monthly payments, which allows you… Continue reading 7 Steps to Improve Your Credit Score In 2022

The last few weeks I have received emails and data regard the theft of Social Security numbers that belong to children. It is estimated that as many as 3.5 million kids are suffering from this sort of fraud, consistent with the Federal Trade Commission. Parents, as most know, apply for a Social Security number after… Continue reading How do you know if your child’s identity has been stolen?

In this fluid situation, we want people to focus on three issues initially for maintaining financial health: Quarantine finances – The volatility of the market is unavoidable, but that doesn’t mean people should cash out on their retirement plans or long-term savings. Focus on current cash flow and short-term stability, and keep a distance from other long-term… Continue reading Managing your Finances during the COVID-19

Spending Habits by Zodiac SignYou can learn a lot about other people’s spending habits by looking at their star sign. Each of the twelve zodiac signs has a different approach to retail therapy. Next time you go shopping with your friends see their spending characteristics at play. Check out each sign’s buying instincts below and see if… Continue reading Spending Habits by Zodiac Sign

1. Credit Reports Are Different from Credit ScoresWhile your credit score is definitely tied to your credit report, it’s technically a separate thing. Your credit report is a thorough record of your credit history, including your credit accounts, how often you apply for credit, debt collection accounts and some public records, including judgements, liens and bankruptcies.Think of your credit score as… Continue reading 10 Things Everyone Should Know About Credit Scores