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Recent Blog Posts

May 18, 2020 By Liz Weston

Q&A: Big debt is bad in the coronavirus downturn. But a consolidation loan might not be the answer

Dear Liz: I have about $40,000 in credit card debt and am considering a consolidation loan. I’m current with my cards. My income is about $130,000 per year. Can you recommend a lender? Any cautions? Answer: As you probably know, this is a bad time to be burdened with a lot of debt. But taking […]

May 15, 2020 By Liz Weston

Friday’s need-to-know money news

Today’s top story: How to work around delays in major IRS functions. Also in the news: A path to getting your getting your camp deposit back, student loan interest rate dropping to historic lows, how to choose your next credit card. How to Work Around Delays in Major IRS Functions Services have been dialed back. […]

May 14, 2020 By Liz Weston

Thursday’s need-to-know money news

Today’s top story: Should you leave your kids an equal inheritance? Also in the news: The Points Nerd on who we can trust about travel safety, a student loan expert takes her own advice, and how to apply for a credit card when you don’t have a credit score. Should You Leave Your Kids an […]

May 13, 2020 By Liz Weston

Wednesday’s need-to-know money news

Today’s top story: Your 401(k) match may be in jeopardy. Here’s what you should do. Also in the news: What happens to your travel rewards if your airline goes bankrupt, how to upgrade your old car with new tech, and why your student loan Coronavirus forbearance is messing up your credit report. Your 401(k) match […]

May 13, 2020 By Liz Weston

Should you give your kids an equal inheritance?

Your estate plan may be your last words to those you leave behind. If you’re a parent, you should think carefully about the message you’ll be sending. Parents who leave their children unequal inheritances risk fueling family feuds. But strictly equal bequests also can cause resentment if the heirs don’t see the distribution as fair. […]

May 12, 2020 By Liz Weston

Tuesday’s need-to-know money news

Today’s top story: 5 questions to ask before canceling your travel credit card. Also in the news: Think it’s bad now? Wait until hurricane and fire seasons start, 8 types of credit card relief you can ask for, and tomorrow is the deadline to receive your Coronavirus payment by direct deposit. 5 Questions to Ask […]

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