Credit & Debt

The world of finance is constantly evolving and these changes can have a significant impact on your credit profile. Debt.com keeps you up to date.

Retirement is top concern for many Americans

It’s Lonely Down Here

March 30, 2017 | Dori Zinn

Lower-income, older Americans aren’t enjoying retirement age

get out of debt fast piggy drowning

Underwater Homes Surface — Barely

March 29, 2017 | Dori Zinn

Fewer homes are underwater, but it’s not making much of a difference as a couple metro areas are starting to suffer way more than others.

Business credit cards are for everyone

3 Little But Fascinating Financial Facts

March 27, 2017 | Howard Dvorkin, CPA

Here are some recent news nuggets that, taken together, may make a larger point.

parents stressed about retirement

No Parents, You Can’t Have It All

March 22, 2017 | Dori Zinn

Parents are downsizing and delaying retirement to make sure their kids and their savings are both in tact.

too many credit cards

How Many Credit Cards Is Too Many?

March 22, 2017 | Howard Dvorkin, CPA

A reader’s husband doesn’t use half his cards. Should he keep them for emergencies or get rid of them?

credit score and your cellphone

What Does Your Cellphone Say About Your Credit Score?

March 21, 2017 | Joe Pye

Users with Apple products have higher FICO ratings than other smartphone companies.

money causes divorce

Couples Aren’t Talking About Money in Marriage

March 16, 2017 | Dori Zinn

Lack of communication about finances can ruin relationships. Most marriages that end in divorce prove that money played a part in some form.

tax fraud

Our Tax Data Keeps Getting Stolen but It’s All Good

March 15, 2017 | Dori Zinn

We might have had billions of dollars in tax fraud last year but most Americans aren’t worried about getting scammed.

get out of medical debt

It’s Coming from Inside the Hospital

March 9, 2017 | Dori Zinn

We’re getting our medical data stolen, and most scammers are taking it straight from the hospitals themselves
.

balancing-your-budget

Ask The Expert: What’s The Least Bad Answer?

March 8, 2017 | Howard Dvorkin, CPA

A husband and wife have competing plans for getting out of debt. Alas, both are terrible.

Tax Day tips and facts to avoid tax debt

Join the Club, Tax Refund Savers

March 6, 2017 | Dori Zinn

Most of us will stash away our refunds this year, as fewer Americans plan to spend them.

lending to friends

The 3 Golden Rules of Lending to Friends and Family

March 3, 2017 | Money Talks News

Here’s what to say when a relative or friend hits you up for a loan.

health care data security

Medical Records are Stolen Every Single Day

March 1, 2017 | Dori Zinn

44 percent of Americans are worried about their personal health care information being stolen and at least one record is stolen everyday.

High interest savings accounts

Even Military Families Are Cutting Back Spending

February 28, 2017 | Dori Zinn

The vast majority of middle-class military families — like commissioned officers and senior non-commissioned officers — are planning to improve their finances this year, even though they make at least $50,000.

tax mistakes

Beware These 10 Common and Costly Tax Mistakes

February 24, 2017 | Money Talks News

It’s time. Your W-2s and 1099s are likely making their way to your mailbox or inbox right now. Odds are good you’re ready to get your taxes done as soon as possible, since the odds are also good you’re getting a refund. Last year, about 80 percent of Americans got one, averaging around $2,800. But as […]

medical expenses debt

Tax Refunds Aren’t Getting Us Out of Debt

February 23, 2017 | Dori Zinn

Forty percent of American families are making thousands of dollars in medical, auto, or tax payments at some point in a year but even after paying, they’re suffering from crippling debt.

Do you pay use tax?

The Big, Important Tax Credit You’re Missing

February 22, 2017 | Dori Zinn

The majority of Americans are eligible for a tax credit just for saving retirement money, but aren’t aware this credit exists.

Why we pay more for cars with bad credit

Need Car Insurance? Your Choice Could Cost You More Than You Think

February 20, 2017 | Dori Zinn

How much are you paying for your new car? Is it worth it? Turns out you should factor in a few more things to determine the true cost of that new car.

millennials in debt

Millennials Give Scary Answers to Silly Questions About Debt

February 20, 2017 | Howard Dvorkin, CPA

The generation that will soon take over the world has yet to conquer its own financial woes.

The daddy bonus sucks once you consider childcare

Need College Money? Be a Sugar Baby

February 16, 2017 | Dori Zinn

Need to pay for college? Sugar Babies on this “not an escort” site go to some pricy schools around the country.

wedding debt

How to Get Married Without Going Broke

February 16, 2017 | Make Change

Weddings are expensive, but these three thrifty brides had the day of their dreams while continuing to save for happily ever after.

2017 taxes

Good News! More Time to File Taxes This Year

February 13, 2017 | Dori Zinn

You get two extra days to file your taxes, but with some changes that are in effect this year you shouldn’t wait to file. Especially because your refund might be delayed if you claim a certain tax credit.

Get lower credit card interest rates!

Credit Card Debt: When “Typical” Is Horrible

February 13, 2017 | Howard Dvorkin, CPA

Here’s a new statistic that should strike fear into your family. Here’s what you can do about it.

get out of debt fast piggy drowning

8 Foolproof Steps to Get You Out of Debt Fast

February 10, 2017 | Money Talks News

Want to speed up your debt-reduction efforts? Here’s how to do so without a crash diet.

The Secret To A Successful Marriage: Separate But Equal Cash -

Having Bad Credit Makes Saving for Emergencies Nearly Impossible

February 6, 2017 | Dori Zinn

Most Americans can’t afford an unexpected expense and low credit scores have a lot to do with it.

Taxes done for free

How to Prepare and File Your Taxes for Free

February 1, 2017 | Dori Zinn

There are plenty of ways to pay for tax help, but you don’t necessarily have to. The Internal Revenue Service helps millions of people annually file their taxes for free.

credit card refinancing

Ask The Expert: Is This The Dumbest Idea You’ve Ever Heard?

February 1, 2017 | Howard Dvorkin, CPA

This week: How Trump, gold bullion, and credit cards don’t mix.

originations

Are “Concerns” About an Auto Bubble Real?

January 30, 2017 | Michael Koretzky

I hope the credit bureaus are right, and I’m wrong.

Wipe our Debt

Most of Us Fear Debt

January 25, 2017 | Dori Zinn

Two-thirds of young adults have an actual fear of debt, even though they plan their spending on a constant basis.

gas credit cards

What’s the Most Popular Credit Card Perk? You’ll Never Guess

January 23, 2017 | Dori Zinn

Gas rewards are the number one loyalty program preferred by consumers, more than credit card rewards, coupons, and even instant discounts at the cash register.

Trump inauguration

President Trump’s 2018 Recession

January 16, 2017 | Howard Dvorkin, CPA

It’s coming, but it’s not really his fault.

latin business man worried paying bills on couch

If You’re Stressed About Money and You Know It Raise Your Hand

January 11, 2017 | Dori Zinn

Money has a huge impact on our overall well-being in life. To reduce stress and be happier, we need money or a better attitude when it comes to money.

Money saving resolutions

All the Best Places for Your Money in 2017

January 9, 2017 | Dori Zinn

If you want to make the best investments in 2017, bank at Ally, get a Capital One credit card, and live in Nashville. Those are some of the biggest recommendations from experts as you look to make the best decisions for your money this year.

huge debt mistakes

Most Employees Don’t Get the Student Loan Help They Need

January 5, 2017 | Dori Zinn

Companies could be doing their employees a huge service if they offered some — and sometimes better — student loan repayment assistance.

fix bad credit

How Unpaid Utility And Cell Phone Bills Can Ruin Your Credit

January 5, 2017 | Mary Reed

Watch out, this little bill can have big consequences.

Lift-Up program helps people get out of utility debt

Want Residents to Pay off Debt? Don’t Just Bill Them — Help Them

December 27, 2016 | Dori Zinn

National League of Cities gets those in debt to pay it back by giving them time, not money

Best prepaid cards

Federal Consumer Protections Coming to Prepaid Cards in 2017

December 26, 2016 | Lucy Lazarony

Prepaid cards are finally getting some of the protections all their plastic cousins have.

negotiate your credit card debt

We’re Getting Squeezed By Credit Card Debt — But Acting Smarter

December 15, 2016 | Brandon Ballenger

Our expenses keep going up, but our credit card debt is lower than it was a decade ago

Money saving resolutions

Most of Us Suck When It Comes to Money

December 13, 2016 | Dori Zinn

No state in the union has an A in financial literacy

What's too much credit card debt?

Dvorkin On Debt: Not A Holiday For Me [video]

December 12, 2016 | Howard Dvorkin, CPA

I love the November and December, but I fear January.