Can You Be Arrested for Debt?

Owing money isn’t supposed to be a crime. So why are people being arrested over delinquent student loans and other debts? The official line for why U.S. Marshals confronted Houston resident Paul Aker earlier this month is that he failed to appear in court over a $1,500 student loan taken out three decades earlier — […]

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Wednesday’s need-to-know money news

Today’s top story: Choosing the best student loan refinancing offer. Also in the news: Taking 15 minutes a month for your financial health, using your 1040 for a retirement savings check-up, and how couples can financially prepare for the inevitable. How to Choose the Best Student Loan Refinancing Offer for You Sorting through the options. […]

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Tuesday’s need-to-know money news

Today’s top story: Five major threats to your retirement. Also in the news: Classic money habits you should be using today, seven potential financial time bombs, and how getting married will affect your taxes. 5 Major Threats to Your Retirement The threats coming from both inside and outside the house. 5 Old-School Money Habits You […]

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Monday’s need-to-know money news

Today’s top story: What you can learn from your 2015 tax returns. Also in the news: Getting the most from mobile banking, using the 50/20/30 rule for your budget, and the number one thing Americans plan to do with their tax refunds. What You Can Learn From Your 2015 Tax Return Revealing info on your […]

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Q&A: Taking out a loan to boost credit scores

Dear Liz: I have little to no information — good or bad — in my credit reports. I am considering obtaining a secured loan from my credit union to establish better credit. Does it make any difference to my credit score if the credit union reports the loan as “secured”? Answer: Credit scores don’t treat […]

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Q&A: Saving and investing for a child

Dear Liz: I recently got a court judgment for my daughter’s father to pay me child support. She is 1 year old, and it will be about $1,500 a month. I would like this money to be a gift for her when she is older. I’m told not to put it in her name now, […]

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Q&A: Getting rid of robocalls

Dear Liz: We’re getting daily robocalls from collection agencies attempting to collect debts from people with names similar to our own. Generally we ignore the calls on the advice of a friend whose mother died heavily in debt and who said nothing can be gained from a conversation with Repo Man. Is that good advice? […]

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Q&A: Social Security survivor’s benefits

Dear Liz: I became a widow in my 40s. My children collected Social Security until reaching age 18. At age 60, I started collecting survivor’s benefits. Now that I’m 65, do I need to do anything to collect my late husband’s full Social Security amount at age 66? Answer: Starting early means you won’t get […]

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Friday’s need-to-know money news

Today’s top story: How to tell when financial advisors are worth the fee. Also in the news: Making your personal finances fun, how to prepare financially for starting a family, and uncovering tax myths. Are Financial Advisors Worth the Fee? When it’s time to call in the pros. 4 Ways to Make Your Personal Finances […]

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Thursday’s need-to-know money news

Today’s top story: Why Millennials fear filing taxes online. Also in the news: Using the 4% Rule to determine when you can retire, tips for doing your own taxes, and five things you should never do with your 401(k). Millennials Fear Filing Taxes More than Most Americans, NerdWallet Survey Finds Using screens for everything BUT […]

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