Identity fraud is one of those scary situations that we hear about a lot. And for good reason. Even though, according to Javelin Strategy & Research, identity fraud fell in 2010, it rose again in 2011. Scary statistics about how fast identity theft is growing as a crime may lead you to decide that credit […]
While we all know that leaving a debt unpaid can have serious financial consequences — from seeing your credit score lowered to having to deal with collection agencies — you may be surprised to learn what collection agencies and creditors will try to do in order to get you to pay. If you are struggling […]
Last year, I counseled a young mother of two small children who came into our community program distraught, nearly hysterical, and on the verge of divorce. What was the issue? Payday Loans. She and her husband were both working, but she came in for assistance because she had absolutely nothing in the cupboard to feed […]
One of the big issues debated recently is whether or not a four-year degree is worth the cost. The cost of education continues to rise at a pace that outstrips inflation — and definitely outstrips wage growth. But why is education so expensive? There are various explanations for the rising cost of a higher education, […]
Repairing your credit after a bad financial spell can be a difficult and tedious process. The steps are long and confusing and facing your financial failures and foibles intensely for a long period of time leaves you overwhelmed and blue. If part of your New Year’s Resolution is getting your credit score back in the healthy range, […]
The economic recession continues to drag on in the United States. Unemployment stands at 8.6% and many families are feeling the effects. College tuition is rising much faster than inflation. Parents are having a tough time footing the bill for expensive colleges. And kids are struggling to find employment and loans are becoming an issue. […]
