Last week, the House passed a bill that would require bondholders and Social Security beneficiaries to be paid first in case of a failure to raise the ceiling on the national debt later this summer. While the bill passed, there’s doubt it will get past the Democratic majority in the Senate; the White House has [...]
Credit
Having a good credit score is important for many things in life. When my wife and I bought a car a few weeks ago, our credit scores helped determine our interest rate. When renting a home, landlords can use your credit score to decide if you’re a viable tenant. When buying a home, it has [...]
The phone rings, and a voice on the other end says you owe $25,000. Impossible. You have impeccable credit. Or, so you thought. It turns out that someone’s been using your identity and has now run up mountains of debt. Unfortunately, this is all too common these days. According to IdentityTheft.info, identity theft strikes 15 [...]
We all know that our credit score can help determine loan eligibility and interest rates. After all, credit scores are an indicator of how well you handle debt. But if you’re not in the market for a mortgage or a personal loan, it’s easy to assume that your not-so-hot credit can’t really hurt you. The [...]
Bankruptcy is the nuclear option of debt relief: it may solve some of your debt problems, but it causes a host of others. So how do you decide whether you should file bankruptcy or continue trying to pay down your debt? If you’re considering filing for bankruptcy, here’s what you need to know to determine if [...]
While your teenager may be the one to show you how to use Facebook, download apps for your new smartphone, or explain (with a little too much patience) how to access the YouTube video of your toddler nephew, it’s a mistake for both of you to assume that you have nothing to teach your technological [...]

