How often should you check your credit?

When was the last time you checked your credit? Was it six months ago? The last time you refinanced or purchased your home? Or even years ago, so far back you’re not even sure?

Well, just like getting your teeth cleaned at the dentist, getting your oil changed, and filing your taxes, you should be checking your credit report carefully at regular periods.

However, studies show that ...

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In Debt we Trust?

I came across a statistic the other day that gave me pause and made me reflect upon what so many people are doing wrong when it comes to their finances.

According to recent surveys, about 50% of Americans die completely broke.

Even worse, most people pass away not only with a net worth of zero but addled with significant debt. In many cases, that debt obligation is then ...

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Are you (or your partner) committing financial infidelity?

Money and relationships are inextricably tied, each exerting significant influence upon the other. Don’t believe me? In 2009 – during the dark days of the real estate crash and Great Recession – there were more foreclosures than marriages in the U.S.

I know what you’re thinking – there we an unprecedented number of foreclosures at that time, but the data on divorces during those financial hard ...

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Everything you need to know about appraisals

If you’ve bought ot sold a home or even refinanced your mortgage, you’ve surely encountered the term “appraisal.” But what is it? An appraisal is just an informed evaluation from a professional appraiser. It attempts to define the market value, which is used by banks, lenders, and buyers and sellers.

It comes after a thorough and detailed inspection of the property in question, at which point ...

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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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What credit score do you need to buy a home?

 

If you’re thinking of buying a home for the first time, or maybe haven’t owned since the real estate collapse starting in 2008, you may be wondering what credit score you need to get a mortgage. 

In fact, before the housing market crashed, it was far easier for the average person to get a loan since credit standards were very low (or nonexistent!) and the subprime ...

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Death by a Thousand Hidden Fees

If you’re like most Americans, you’re probably tightening your budget and watching what you spend. But it’s not just the cost of goods and services that’s eating up your paycheck, but also the hidden and unnecessary fees that are being lumped in by companies just to try and bleed a few more dollars out of ...

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