Q&A: Twelve-year old charge-off

Dear Liz: Late last year, I applied for a credit card to buy a new computer on the computer maker’s website. I was declined. I was given the chance to talk to the credit card company’s agent and was belittled for having not-so-perfect credit, not enough credit and using too much credit, all in the […]

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Friday’s need-to-know money news

Today’s top story: Introducing the new FICO score. Also in the news: What you need to know before car shopping, the best credit cards for earning rewards, and tips on how to supercharge your savings. The New FICO Score: Better for Debtors? Medical collection debt will no longer count against your score. 3 Tricks Car […]

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Thursday’s need-to-know money news

Today’s top story: How to improve your credit score by strategically using your credit cards. Also in the news: Avoiding common debt traps, five store credit cards you should avoid, and what to do when your financial situation leads to depression. 7 Credit Card Strategies to Help Your Credit How to use your cards to […]

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Wednesday’s need-to-know money news

Today’s top story: Another day, another massive online security breach. Also in the news: How to decide between brand name and generic, tips for a successful retirement plan, and protecting yourself from bad credit vultures. 7 steps to stronger, more secure passwords Yet another massive security breach puts millions at risk of identity theft. Name […]

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Tuesday’s need-to-know money news

Today’s top story: Why it’s so important to talk to your kids about money. Also in the news: Credit scores versus credit reports when buying a home, scary facts about delinquent debt, and a single parent’s guide to budgeting. Dear Parents: You Need to Teach Your Kids About Money One of the most valuable things […]

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Q&A: Student loans and credit reports

Dear Liz: My daughter graduated from college seven years ago and moved to London. She has not paid her student loans. Do they drop off her credit reports like other unpaid debt? What about the government’s ability to collect? Does that expire as well? Answer: The government can pursue people who owe federal student loan […]

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Q&A: Retirement annuity vs lump sum

Dear Liz: I am 54 and considering retiring in three or four years. I have been fortunate to work at a Fortune 100 company for 30-plus years and have both a defined benefit pension plan and a 401(k). When I retire, we have the option of taking a lump sum or an annuity. Most financial […]

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Monday’s need-to-know money news

Today’s top story: It’s time to stop ignoring your finances. Also in the news: The best ways to invest in real estate, how to get help for financially assisting your parents, and how you can get rewarded for saving money. How to Stop Ignoring Your Finances You can’t keep ignoring the elephant in the room. […]

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What’s wrong with Disneyland Paris

We decided to visit Disney’s European theme park just a few days before we were scheduled to leave France. We aren’t diehard Disney fans, but we had annual passes when our daughter was younger and thought it might be fun to see how the park outside Paris compared with the ones in Anaheim and Orlando. […]

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Friday’s need-to-know money news

Today’s top story: Social Security is in better shape than originally though. Also in the news: how to reduce your monthly expenses by having a “bill haggle day”, personal finance tips for recent college grads, and why you may want to wait before upgrading your cell phone. 4 Reasons Not to Panic About Social Security’s […]

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