Dear Liz: I personally like my fee-only financial advisor, who has been managing my portfolio (gained as inheritance) for the last six years. But she has me invested in bonds and gold only and insists that we wait until stock prices fall to get back in the stock market. We have been waiting for six […]
Recent Blog Posts
Q&A: Will paying off collections help credit scores?
Dear Liz: I have a question about clearing up collections on my credit reports. I used a credit repair company that did help me with most of the setbacks on my credit reports, but I still had collections that were recent and my scores were going up and down. The credit repair company left me […]
Friday’s need-to-know money news
Today’s top story: What to buy for every month of the year. Also in the news: Why you should think twice before borrowing for your kid’s college, why you need to stop hoarding your credit card rewards, and why banks are starting to look more like cafes. What to Buy Every Month of the Year […]
Thursday’s need-to-know money news
Today’s top story: 10 smart insurance resolutions for 2017. Also in the news: Why your prepaid debit card needs FDIC insurance, the assumptions that can make or break your financial planning, and what will cost more – and less – in 2017. 10 Smart Insurance Resolutions for 2017 Strengthening your safety net. Why Your Prepaid […]
Wednesday’s need-to-know money news
Today’s top story: Credit score companies ordered to pay millions in refunds. Also in the news: How the Trump presidency will impact housing, how to refresh your finances in the new year, and how to become an extreme saver in 2017. Credit Score Companies Must Refund $17.7 Million to Customers Could you have a refund […]
Bureaus fined for credit score confusion
The Consumer Financial Protection Bureau today ordered Equifax and TransUnion to pay more than $23 million in restitution and fines for deceiving consumers about the usefulness and actual cost of credit scores they sold to consumers. Regulators said the bureaus also lured customers into expensive subscriptions when people thought they were getting free scores. The […]