2020 Media Mentions
Kind but risky: Before Adding An Authorized User To Your Credit Card, Consider These Crucial Factors
October 12, 2020 | Julia Glum
Feeling generous and want to help out someone with no credit? It’s possible to add an authorized user to your credit card, but you should recognize the risks before you take them on.
7 Steps to Take to finish 2020 financially strong
October 2, 2020 | Sarah Sharkey
It's safe to say that 2020 has been a wild ride for nearly every American. Not only have we been dealing with a global pandemic, but also unprecedented job losses and wild price swings in financial markets. The economic chaos caused by COVID-19 has upended the financial plans of millions of people throughout the year.
What is the difference between secured and unsecured debt?
September 21, 2020 | Rebecca Lake
Borrowing money – whether it’s using a credit card or taking out a personal loan – means creating debt that you have to repay, usually with interest.
How Long Can a debt collector pursue old debt?
September 17, 2020 | Nicole Dieker
If you’ve ever received a phone call from a debt collector asking about a credit card debt that you barely remember, you might be wondering just how long debt collectors can pursue an old debt.
What to Consider before getting a reverse mortgage in retirement
September 16, 2020 | Rachel Hartman
For those who have paid off their home or only have a small mortgage, a reverse mortgage may be a way to help cover retirement expenses.
Why You Should be Careful about COVID-related Withdrawals
September 10, 2020 | John F. Wasik
It’s been a brutal year with more than 180,000 Americans lost to COVID. For those who were economically impacted, there’s been some relief, but it’s been short lived.
Survey: Americans start tapping 401(k), Other Retirement funds
August 10, 2020 | By Terri Williams
The COVID-19 pandemic has caused global financial uncertainty. However, the U.S. has been hit particularly hard.
Poll Finds Americans Taking Loans out of 401(k)
July 17, 2020 | By Joe Dwinell
Jittery consumers are dipping into their 401(k) and other retirement funds at a growing rate as the coronavirus pandemic continues to wound the economy, a new survey found.
HOW TO CONSOLIDATE STUDENT LOANS
June 18, 2020 | By Barry Bridges
Student loan consolidation is the process of taking multiple outstanding loans and reorganizing them into a single loan, sometimes with a longer repayment period and therefore a lower monthly payment.
Mortgage refinance: Everything You Need to Know
June 3, 2020 | By Brian O'Connell
Mortgage rates are edging downward as the nation starts the long haul back to normalcy as the coronavirus pandemic abates.
Who's responsible for your kids' unauthorized credit card charges
June 2, 2020 | By Alexandria White
If your kid often plays games on their smartphone or tablet, they may use your credit card to rack up in-app game purchases without your knowledge or approval.
What to do if you're struggling with monthly payments during the coronavirus
April 17, 2020 | By Latoya Irby
The COVID-19 virus has ravaged both the world and our personal finances. Stay-at-home orders and the closure of non-essential businesses throughout the U.S. have led to pay cuts, job loss, and furloughs, leaving many consumers struggling to pay bills or stretch their money during the coronavirus.
Your Credit Report: Everything You Need to Know
April 6, 2020 | By Coryanne Hicks
Your Credit Report is a detailed statement of your credit history. It includes your credit card accounts, loans, bill payment history and public records of any bankruptcies, liens or judgments against you.
Five things you need to know today, and the great puzzle shortage
Mar 31, 2020 | By Doug Banks
Gov. Baker is expected to announce an extension of the state’s order that non-essential businesses keep their doors close to flatten the curve of the coronavirus pandemic.
How to Protect Your Credit Score During the Coronavirus Crisis
March 31, 2020 | By Julia Glum
As the coronavirus continues to wreak havoc on nearly every facet of the U.S. economy, concern is growing about what the pandemic may do to people’s credit scores.
You don’t have to pay taxes right now, and other ways to conserve cash during coronaviruS
March 27, 2020 | By Erin Arvedlund
If you need to, you can cut back on expenses during the coronavirus pandemic. Here are a few ideas on how to do that.
How to save for your kids’ college and your retirement at the same time
March 12, 2020 | By Abby Wendel
In a perfect world, you could save for retirement and your child’s college tuition at the same time. But what if it comes down to a choice between the two? Which one should be the priority?
Analysis finds a 'tipping point' for Americans struggling with household debt
March 4, 2020 | By Dhara Singh
At a time when U.S. household debt has reached a new pinnacle of $14.15 trillion, a separate analysis by American Consumer Credit Counseling (ACCC) found that American households seeking financial help are usually carrying more than $20,000 in credit card debt.
How To Pay Off Your Debt In Retirement
March 3, 2020 | By Rachel Hartman
While stepping into retirement might mean walking away from a job, many Americans are dragging financial baggage into this next stage: debt. In recent years, the amount of debt retirees carry has grown, and the numbers are troubling from both a monetary and emotional standpoint.
How to pay off debt fast
February 5, 2020 | By Daniel Bortz
No one sets out with a goal of accumulating debt, but that doesn’t change the fact that personal debt in the United States is at an all-time high. Adults in the U.S. aged 18 and older report having an average of $29,800 in personal debt, excluding home mortgages, according to Northwestern Mutual's 2019 Planning & Progress Study.
What Is the Highest Credit Score?
January 24, 2020 | By Barri Segal
When it comes to credit scores, there is a lot of information to absorb. What are they? How do they affect you financially? What is a “good” score? What is the highest credit score available? Should everyone be striving to achieve a perfect score?
Tips for Paying Off Your Holiday Credit Card Debt
January 3, 2020 | By Ann Carrns
The holiday decorations have been put away, the gift boxes recycled. Now it’s time to pay the cost of December’s gift and entertainment binge. Experts suggest everything from following a three-month repayment plan to selling used clothes and toys or temporarily reducing your 401(k) contributions.
Loan Default: What Happens When You Can’t Repay Your Car or Personal Loan?
January 2, 2020 | By Terri Williams
Almost no one who takes out a loan plans to default on it. But as household debt in the U.S. continues to increase, defaults are inevitable. A defaulted loan won’t just go away. If you don’t resolve it, your lender will–and it won’t be pretty. Some lenders are willing to work with you, but it’s important to communicate early and often to resolve the issue amicably.