Earlier this fall, in the midst of looking for a rental property to purchase, I had the unpleasant discovery that there was an inaccuracy on my credit report: when my student loan was purchased last December by a bank named Mohela, Federal Direct Loans apparently neglected to report my loan as paid off, meaning my…
Believe it or not, death is no barrier to identity theft. It can be very difficult to make practical decisions after a death in the family, and that is exactly the reason why identity thieves target the dead. CNN Money reported earlier this year that 2.4 million dead people have their identities stolen each year….
Your credit is a huge part of your financial well-being. If your score is too bad, you will be denied a loan, and the better your credit score is the better interest rates you will get when you get a loan. While the actual computation of how the FICO score is determined is quite complex,…
So you are sitting there thinking to yourself, “I can’t believe I forgot to pay my credit card bill”. You might think this is just a harmless mistake, but that little error can have a significant impact on your credit score. Once your credit score has suffered from your mistakes, it’s time to do some…
One of the most useful financial tools a person can have is the student loan. They can be an exceptional way to get an education, and they are often the cheapest loan (as in the lowest interest rates) a person will ever get. They are long term loans that can help to build a person’s…