We all hear horror stories of credit cards’ risks, often about people who build up mountains of debt that take a lifetime to pay off. When used responsibly, though, credit cards can be some of your best friends in securing your long-term financial success. Here are a few do’s and don’ts.
Your credit report greatly influences whether you get a mortgage or other loan, take out insurance, rent a home or even secure a job. Few other numbers help or hurt your life so deeply. Here’s how to find and improve this key tool in your financial life.
Your letter from the Internal Revenue Service says a bogus tax return was already filed in your name. Or your electronically filed return bounces back because fake returns are already on file with your Social Security number (SSN). Surprise: You may be the victim of identity theft. What can you do?
While the Internal Revenue Service may not be your favorite federal agency, criminals posing as IRS representatives are unquestionably the much bigger problem. Here’s what to know to protect yourself.
Tax authorities demand to know why a fourth grader never reported thousands of dollars in income from a factory job. Collection agencies suddenly hound a college student for more than a decade’s worth of credit card debt. Shocking but true: Children and minors are actually almost as likely as adults to be victims of identity theft.
We feel safe in a diminishing number of places these days, and online sure isn’t one. Identity theft and cyberattacks seem to run rampant almost every day. How can you fend off intrusions that might cost you agonizing hours – not to mention a lot of money – to correct?
Know who never seems to take a holiday? Scammers pretending to be the Internal Revenue Service. Don’t become the next victim; here’s what to know to protect yourself.
It seems that credit card fraud and major retailer breaches are just a part of our everyday life now. As these attacks continue and hit more often, the best thing you can do is to be informed on how to prevent and minimize the damage.
I’m uncomfortable about a number of issues now affecting financial consumers. Here are a few that possibly concern your very own investments – and future.
Target date funds (TDFs) insufficiently researched. A target date mutual fund contains a mixture of stocks, bonds and cash equivalents, rebalanced to reduce the number of risky assets as you age toward retirement.