Category Archives: Debt

Credit Karma vs Quizzle: Which is Better for Free Credit Scores and Reports?

There are so many websites out there that promise free credit scores and free credit reports. The problem is many of them walk the tightrope of being scams, and only a few of them tend to deliver on their promise. … Continue reading

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Occupy Wall Street Strike Debt Retires Nearly $4 Million of Student Loan Debt

One of the offshoots of the Occupy Wall Street movement which has had a direct impact on individual lives is Strike Debt. This arm of the movement had a unique idea which has actually worked. The movement formed an entity … Continue reading

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Six Reasons to Like Credit Karma, Quizzle and Credit Sesame

If you want to find out your credit score these days, it’s a lot easier than it was even a few years ago. With sites like Credit Karma, Quizzle and Credit Sesame, you can find out your credit score by … Continue reading

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Will Student Loan Debt Still Be a Problem for Seniors in Retirement?

Student loan debt is usually considered a problem of youth, but a report released this week by the Government Accountability Office (GAO) has sobering statistics on the number of Americans who are still paying off student debt between the ages … Continue reading

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How Credit Karma, Credit Sesame and Quizzle Make Money

As the saying goes, “Nothing in life is free,” but what about the companies like Credit Karma, Credit Sesame and Quizzle which offer free credit scores, free credit reports and free identity protection? None of these companies require a credit … Continue reading

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Is the Credit Karma Free Credit Report a Scam?

Credit Karma recently made the announcement they would offer their users free credit reports on top of the free credit scores they already give. The question many people have when they hear about something like the free credit report is, … Continue reading

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How Much Does Credit Karma Spend Giving You Free Credit Scores and Reports?

One of the most interesting tidbits which came with the announcement that Credit Karma will now be offering free credit reports from TransUnion (see how their offer compares to AnnualCreditReport) along with free credit scores was the amount they spend … Continue reading

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Credit Karma vs Annual Credit Report: Which Is Better?

With the announcement that Credit Karma now offers free credit reports in addition to free credit scores, there are a number of people wondering how it compares to the government mandated free credit report site, AnnualCreditReport. For those looking to … Continue reading

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Why the New FICO Scoring System May Not Raise Your Credit Score

Most consumer advocates reacted positively to the news that the Fair Isaacs Corporation is going to revamp the way they calculate their FICO score so medical debts aren’t going to be viewed on the same level as credit card debts … Continue reading

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FICO to Change Their Scoring System Which Could Help Millions Save Billions

Credit scores are an important factor when determining how much consumers pay in interest for such things as car loans and mortgages, along with a host of other areas it can affect a consumer’s personal finances. Since credit scores can … Continue reading

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Credit Karma Adds Free Credit Reports

Credit Karma went back to its roots with the announcement the company will now offer free credit reports in the same way they offer free credit scores. That is, those who sign up for their service will now be able … Continue reading

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Congress Finally Compromises to Ease Veteran Healthcare Wait Times

There’s some good news out of Congress for Veterans and their health care needs. Tension was resolved over the weekend with a compromise reached between VA leaders, Bernie Sanders and Jeff Miller,on a bill to aid veterans faced with long … Continue reading

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Credit Karma Warns Shoppers Who Get Store Credit Cards for a Discount

It wasn’t that long ago when retail stores would offer you a freebie to open up a credit card account. While this still happens, there has been a shift to retail outlets offering an immediate percentage discount off of a … Continue reading

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AAA Predicts More Travelers and Higher Gas Prices This Fourth of July

There are going to be more cars on the road this Fourth of July, and the most since 2007,¬†according to AAA travel. An estimated 4.1 million Americans will be on the road traveling 50 miles or more away from their … Continue reading

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New Tool Helps Diagnose the Financial Pain of Cancer

Simply getting a diagnosis of cancer would send the stress level of most people through the roof. It’s not news that anybody visiting a doctor wants to hear. The stress of the disease, however, is not the only stress which … Continue reading

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The Cost of the Great Recession: As Many as 20,000 Lives

While the toll of the Great Recession is usually viewed in monetary terms, it cost a lot more than money for many families. According to a research paper published in the British Journal of Psychiatry, there were at least 10,000 … Continue reading

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Americans Love Debt Again: Consumer Credit Card Spending Surges by $8.8 Billion

Consumers seem to have forgotten their lesson that debt is not their friend. In what might be a positive sign for the economy that consumer spending is increasing, the April data from the Federal Reserve isn’t good news for those … Continue reading

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Ten Financial Choices You Will Regret in 10 Years

A lot of people who worry about their financial decisions often frame that worry on how it will impact them in the present, and often forget that the decisions will likely have consequences in the future as well. While financial … Continue reading

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15 Terrible Excuses That Will Wreck Your Finances

We all tend to make excuses from time to time. It’s just human nature. But I’ve seen people rely too heavily on excuses when it comes to money. When they have too much debt or can’t seem to make ends … Continue reading

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Money Topics They Don’t Teach in High School, but Should

One of the biggest disgraces of the school system is that it often fails to teach basics that we all need for everyday life once we graduate. A prime example of this is basic personal finance. If we could get … Continue reading

Posted in Budgeting, Credit Cards, Debt, Education, Insurance, Investing, Personal Finance, Retirement, Saving Money, Taxes | Tagged , , , , , , , , , , , , , , , , | 5 Comments