In the News

By: creditcards.com | Source: creditcards.com

The pandemic has opened the door for a staggering amount of identity theft, according to Howard Dvorkin, CPA and chairman of Debt.com, and it’s only getting worse.

By: Yaël Bizouati-Kennedy | Source: GOBankingRates

Howard Dvorkin, CPA and Chairman on Debt.com, tells GOBankingRates that when rewards cards first became popular in the late 80s and early 90s, many had annual fees. While many might have hated them, they didn’t complain much – because there was nothing that could be done about it.

By: Angela Corry | Source: Yahoo!news

Howard Dvorkin, CPA, chairman of Debt.com explains, “If you get evicted, your credit score won’t take a direct hit, but the glancing blow will still sink you.” That’s because evictions go into public records, Dvoskin explains. “Many landlords now do background checks on their potential tenants,” he says. “Good luck getting that affordable lease if your new landlord finds that eviction judgment.”

By: Erica Sandberg | Source: Bankrate

f you’ve experienced a credit limit decrease, you’re not alone. Card issuers frequently change credit lines for a variety of reasons, which may or may not have anything to do with the way you handled the account. Lowering credit lines is simply a strategy to mitigate risk, and an issuer may take that action when necessary.

By: Rich Exner | Source: Cleveland.com

If you’ve been intentionally carrying a balance on your credit cards with hope of improving your credit score, you just may be making an expensive decision without getting any closer to your goal.

By: Nicole Spector | Source: Yahoo Finance

Debt was already a significant hurdle for Americans in the years leading up to the COVID-19 pandemic; back in 2018, a study by Northwestern Mutual found that average personal debt (exclusive of home mortgages and among those with some debt) surpassed $38,000. And things continued to worsen.

By: Julia Glum | Source: Money

Like it or not, your credit can make or break you.

By: NOEL DÁVILA | Source: Money

Mutual funds are a simple way for investors to buy a group of securities with one purchase. These securities can consist of stocks, money market instruments, bonds, and other assets.

By: Nicole Spector | Source: Yahoo Finance

Debt was already a significant hurdle for Americans in the years leading up to the COVID-19 pandemic; back in 2018, a study by Northwestern Mutual found that average personal debt (exclusive of home mortgages and among those with some debt) surpassed $38,000. And things continued to worsen.

By: Allie Johnson

A new poll from Bankrate shows 22 percent of U.S. consumers have had an application for credit rejected in the middle of the coronavirus pandemic because a credit card company, lender or landlord deemed their credit score too low.

By: Barri Segal | Source: creditcards.com

Never underestimate the power of credit card rewards – you can use them to travel, buy merchandise or gift cards, and even get cash back for your everyday purchases.

By: Palash Ghosh | Source: International Business Times

Despite historically low interest rates from the Federal Reserve, many retail store credit cards still charge inordinately high annual percentage rates, or APRs.