So you first messed up your finances in your 20s, then made matters worse in your 30s. But now you’re ready to act your age, get serious about the business of fixing your credit and start writing your financial comeback story, right? Whether you went on a few too many credit card-fueled shopping sprees, missed […]
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Former Heisman Trophy winner Ty Detmer has reportedly lost nearly his entire life savings after falling victim to what authorities describe as a $50 million Ponzi scheme masterminded by investment advisor and Triton Financial CEO, Kurt Barton. Detmer, who won the Heisman in 1990, was among hundreds of investors—many of them former professional athletes—allegedly misled
Ex Heisman Trophy Winner Ty Detmer Loses Life Savings in Alleged Ponzi Scheme Read More »
What is National Child Support Awareness Month? Since 1995, the United States has been honoring Child Support Awareness Month during the month of August. Former President Bill Clinton recognized this month on August 5, 1995 in his official proclamation stating that, “Providing for our children is one of humanity’s worthiest and most fundamental endeavors. Children
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In my New York Times bestseller, Zero Debt, I outline 30 strategies that I used to get out of debt and how anyone else can do the same thing. Here are five of the simple strategies that will help get you on the path to being debt free – as well as some resources to
5 Ways to Reduce Your Debt Read More »
Buying a timeshare property may have seemed like a good idea when you signed the timeshare contract. But if you’re taking yet another “staycation” this summer – and really haven’t been able to travel as much as you’d like the rest of the year as well – you may have realized that you aren’t truly
What to Do With a Timeshare You No Longer Want or Cannot Afford Read More »
If your credit is great, or even just in fairly decent shape, you may regularly receive offers for credit card balance transfers in the mail. Whether or not you should accept a balance transfer deal depends on many factors, including the fine print of the balance transfer agreement and whether or not you can successfully
Credit Card Balance Transfers Do’s and Dont’s Read More »
Baby Boomers and those in the 50-plus crowd are increasingly facing financial hardships. Many are in debt, dealing with medical bills, facing higher levels of unemployment — and even filing for bankruptcy. To keep their heads above water, many Boomers are turning to their adult children to borrow money. If you have to get a
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Yes, it can. Despite the fervent proclamations of bureaucrats and credit bureaus everywhere, a simple fact remains: negative credit listings are deleted from peoples’ credit reports by the thousands each and every day. A few years ago, an attorney from Lexington Law. visited with a regulatory agency for a casual conversation with two agents. The
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If you stay at any of the major hotel chains, such as Marriott, Hilton and Hyatt properties, on a frequent basis, you may have been offered a hotel savings card to save money on future stays. Collecting hotel rewards points is similar to collecting frequent flier miles and may help to offset the costs of
Are Hotel Savings Card Programs a Good Deal or Not? Read More »
Just by talking to her, you wouldn’t know that Vivian Nixon is an ex convict. Confident, articulate, and now pursuing a Master’s Degree in Theology, Nixon seems more likely to have spent time in a church worship hall rather than a prison hall. But it wasn’t always that way. Many years ago, she got into
Money Tips For Ex-Convicts Read More »
If you have a lot of unpaid debts and creditors are threatening wage garnishment, you may have to deal with a court battle in the very near future. Creditors can legally garnish your wages, but only after they obtain a court order. Garnishment is usually a “last resort” effort by creditors to collect on their
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Even though children don’t have any bank accounts, credit cards or other lines of credit where they have shared their social security number, they are still at risk for having their SSN stolen or abused. Identity thieves often resort to purchasing newly issued social security numbers or seek out numbers that are inactive because these
Advice If a Child’s Social Security Number is Stolen Read More »
If you fail to pay your taxes in a certain period of time, the IRS will report the issue to the credit bureaus and it will appear as a tax lien on your credit report. Tax liens can significantly lower your credit score and put you in a poor position to obtain credit in the
How to Remove A Tax Lien Read More »
If you’re filing for bankruptcy to get some relief from creditors and get your financial situation back on track, you may have wondered what happens to personal assets like your car during the bankruptcy filing process. Many people fear losing their car to creditors when filing bankruptcy, but the good news is that in most
How to Save Your Car if You File for Bankruptcy Read More »
It’s a sad reality that many families and individuals have to deal with, but knowing what to do when you can’t afford to bury a family member can help to relieve some of the stress and heartache of this difficult time. According to the National Funeral Directors Association’s latest data, the median cost of a
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