Q&A: Removing a quit-claim house mortgage from your credit

Dear Liz: I recently divorced and quit-claimed my house over to my ex-wife. She has been making all the payments on time but the mortgage still shows up on my credit. Because of this, I can’t borrow as it is considered my indebtedness still. Do you know of anyway of having it expunged from my […]

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Friday’s need-to-know money news

Today’s top story: Financial planning for the 21st century. Also in the news: Tips for buying life insurance with a pre-existing condition, mistakes people make when buying furniture, and the best new car deals for Labor Day weekend. Financial Planning for the 21st Century Catching up with the future. 7 Tips for Buying Life Insurance […]

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Thursday’s need-to-know money news

Today’s top story: 6 ways you’re sabotaging your mortgage preapproval. Also in the news: the top 10 car buying apps, how to keep from going broke when you get divorced, and your financial to-do list for September. Stop! 6 Ways You’re Sabotaging Your Mortgage Preapproval Stop it! 10 Top Car-Buying Apps Savings at your fingertips. […]

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Wednesday’s need-to-know money news

Today’s top story: 7 ways to cover the cost of emergency home repairs. Also in the news: How to buy a home with a low down payment, breaking up with your credit card company, and 5 ways to save on Medicare. 7 Ways to Cover the Cost of Emergency Home Repairs What to do when […]

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Tuesday’s need-to-know money news

Today’s top story: What to know about cash-back shopping websites. Also in the news: Tips to slash unnecessary monthly expenses, what you need to know about online bill pay, and the factors that affect your credit card’s interest rate. What to Know About Cash-Back Shopping Sites Getting rewarded for shopping! 4 Tips to Slash Unnecessary […]

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5 money myths you probably believe

Managing money can be complicated, and myths are often born from people’s struggles to make it simpler. But simplistic solutions can cost you instead of saving you money. If you believe any of these five money myths, it’s time to take a closer look at the financial realities. In my latest for the Associated Press, […]

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Monday’s need-to-know money news

Today’s top story: Mortgage application forms will look different next year. Also in the news: 5 times you shouldn’t use a credit card, why you should say no to 72-84 month auto loans, and why you need to stop being delusional about debt. It’s Coming: The First Change to Mortgage Application Forms in 20 Years […]

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Q&A: How to get rid of home-equity loan headaches

Dear Liz: We have taken several withdrawals from our home equity line of credit. Now the balance is close to $100,000. It’s the interest-only type. We don’t know how to pay off this amount systematically. Can you help? Answer: As you’ve discovered, it’s not a good idea to pledge your home as collateral when you don’t […]

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Q&A: Getting through to Social Security

Dear Liz: I read your article about checking your Social Security earnings record and benefits. I tried to set up an account with the Social Security Administration to track my retirement benefits (I turn 65 in December). Apparently the Social Security Administration will only text a required security code to a cellphone. I do have a cellphone but […]

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Q&A: Free credit score? Be careful

Dear Liz: As a financial planner, I am surprised you pointed someone in the direction of paying for a credit score. Your score can be accessed at several credit sites for free. Why would you want your readers to pay for something they could get free?  Answer: As a financial planner, you should understand that “free” is […]

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