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Servicemember Reports About Identity Theft Are Increasing: What You Need to Know
Identity theft is a growing concern in the U.S., and unfortunately, members of the military are not immune to it. In recent years, there...
Jan 303 min read
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How Cash-Out Refinances Can Improve Your Credit Score
A cash-out refinance can be a strategic financial move, especially when it comes to improving your credit score. By leveraging the equity...
Jan 282 min read
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How Long Can Delinquent Credit Card Debt Be Collected?
Dealing with delinquent credit card debt can be stressful and confusing, especially when you're unsure about how long creditors or...
Jan 233 min read
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CFPB Orders Equifax to Pay $15 Million for Improper Credit Report Investigations
In a significant step to protect consumers, the Consumer Financial Protection Bureau (CFPB) has ordered Equifax to pay $15 million for...
Jan 213 min read
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Big Relief for Credit Scores: CFPB’s New Rule Removes Medical Bills from Credit Reports
In a significant move to improve financial stability for millions of Americans, the Consumer Financial Protection Bureau (CFPB) has...
Jan 163 min read
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Why Do Credit Card Companies Reduce Your Credit Limit?
Credit cards are convenient financial tools, offering flexibility and rewards, but they also come with a responsibility to manage your...
Jan 144 min read
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Car Repossessions Surge 23%: What’s Driving the Increase?
In recent months, the rate of car repossessions has seen a significant spike, climbing by 23% compared to the same time last year. For...
Jan 94 min read
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Ending 2024 on a High Note: A Fresh Start to Your Credit Building Journey in 2025
As we close the chapter on 2024, it's the perfect time to reflect on our financial journeys and set ourselves up for success in the year...
Jan 73 min read
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Breaking the Cycle of Living Paycheck to Paycheck
In a world where financial pressure is ever-present, it’s no surprise that 40% of Americans are living paycheck to paycheck. For many,...
Dec 26, 20243 min read
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Can I Get Sued for Not Paying Debt Collectors?
Debt collectors can be persistent, and if you're struggling with overdue bills, the pressure can feel overwhelming. One of the biggest...
Dec 24, 20242 min read
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Americans Now Owe $1.64 Trillion in Car Loan Debt: What This Means for Consumers and the Economy
In recent years, car loan debt in the United States has reached alarming heights. As of the latest reports, Americans now owe a...
Dec 19, 20245 min read
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Long-Term Credit Management Strategies
Managing credit isn't just about avoiding debt; it's about building a healthy financial foundation that lasts for the long haul. A...
Dec 17, 20244 min read
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HELOC Balances Surge by $7 Billion: What This Means for Homeowners and the Economy
In a notable shift within the credit landscape, recent data shows that HELOC balances have increased by $7 billion. This increase raises...
Dec 12, 20243 min read
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The Best Apps to Check Your Credit Score
In today’s fast-paced world, knowing your credit score is more important than ever. It’s a reflection of your financial health and plays...
Dec 10, 20245 min read
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The Growing Challenge of Homeownership
In recent years, homeownership in the U.S. has become an increasingly distant dream for many Americans. Over 3 in 4 renters who do not...
Dec 5, 20243 min read
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Understanding the Accounts on Your Credit Report and How They Affect Your Credit Score
Your credit report is a detailed financial history that provides insight into how you’ve managed debt in the past. Lenders, landlords,...
Dec 3, 20245 min read
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Auto Loan Balances Surge by $18 Billion: What It Means for Borrowers and the Economy
In a noteworthy development, the total auto loan balances in the United States have surged by $18 billion, pushing the total outstanding...
Nov 28, 20244 min read
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Common Errors Made by Credit Bureaus: What You Need to Know
When it comes to maintaining a healthy credit score, few things are as important as the accuracy of the information in your credit...
Nov 26, 20245 min read
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85.1% of Consumers Plan to Use Credit for Holiday Shopping: How to Stay Smart With Your Borrowing This Season
The holiday season is fast approaching, and with it comes the excitement of gift-giving, festive meals, and countless sales. But while...
Nov 21, 20243 min read
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Charge-Offs vs. Collections: What They Are and How They Impact Your Credit
If you've ever struggled with credit card debt or missed payments, you’ve likely heard the terms charge-off  and collection . Both can...
Nov 19, 20245 min read
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28% of Credit Card Users Are Still Paying Off Last Year’s Holiday Debt
The holidays bring joy, celebration, and often, financial stress. With 28% of credit card users still grappling with debt from last...
Nov 14, 20245 min read
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How Often Does Your Credit Score Update?
If you’ve ever checked your credit score and wondered why it sometimes fluctuates, or why it hasn’t budged in a while, you’re not alone....
Nov 12, 20243 min read
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Why Credit Card APRs Are Stuck Near Record Highs, Even as Interest Rates Fall
In recent months, we’ve seen a shift in the economic landscape. The Federal Reserve, which sets the tone for interest rates across the...
Nov 7, 20244 min read
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Voting with Financial Literacy: Why Understanding Your Credit Score Matters in the 2024 Election
As the 2024 U.S. election approaches, the political landscape is buzzing with debates, policies, and candidate promises. Among the myriad...
Nov 5, 20243 min read
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