EquiHACK! Here’s why you should be seriously angry.

Last week, the credit bureau Equifax made a shocking announcement: they’ve been hacked. Not only has the cyber security at one of the nation’s three biggest credit bureaus breached, but the personal data of up to 143 million of its customers was compromised – which is about half of all U.S. consumers.

According to reports of the hack, the information that cyber-criminals obtained from Equifax’s database ...

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20 Facts to honor and remember 9/11

On September 11, 2001, the world as we knew it changed, forever. Most of us have emotional and shocking recollections of the moment when we first saw the images of a smoking World Trade Center. We soon learned that our country was the victim of a terrorist attack, including two planes hitting the World Trade Center towers in New York City, another crashing into the ...

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Could the flooding in Houston ever happen in Sacramento? It already did during the Great Flood of 1862

Recently, we’ve seen images on television and across the internet that seemed unimaginable, as the city of Houston was underwater after Hurrican Harvey struck. Of course, our thoughts and donations go out to the victims of Harvey, as we wish them a speedy and safe recovery, but our minds also turn to the inevitable question: could something like that happen here in Sacramento?

Actually, ...

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25 Frightening financial facts!

Our economy seems to be rolling along nicely, with a full recovery from the Great Recession and the stock market hitting record levels. But is all well and good with the economy when it comes to American consumers spending, debt, savings, and retirement?

Here are 25 frightening financial facts to ponder:

1. 52% of Americans are spending ...

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Identity theft hits an all-time high: are you protected?

Are you safe from identity theft or other financial fraud from someone assuming your identity? You may think everything is perfectly fine and that no one is using your identity to open up new credit cards, commandeer debit cards, or take over your financial accounts, but if you haven’t checked your credit report lately, you may be in for an unnerving surprise.

In fact, identity theft, ...

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Why that “free” credit score you just got is probably useless

Navigating the credit score landscape is sometimes treacherous for consumers, with so much confusing and seemingly contradicting information about scoring models, multiple credit bureaus, reporting guidelines, and plenty of websites offering “free” credit scores.
In fact, when someone clicks on one of those offers to view their credit score, they will quickly find out that the free offer:

1) Isn’t free, and

2) Also may not be ...

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Cue the band, roll out the red carpet and drop the confetti…America’s average credit score just hit 700!

Cue the band, roll out the red carpet, and drop the confetti, because America just got some great (credit score) news: the average U.S. FICO score has reached 700.

FICO, which is one of several credit scoring models but also the most widely used one by lenders, including mortgage lenders, reported that the average score hit 700 for the first time ever. FICO scores are ...

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