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Credit cards can increase your purchasing power, but how many credit cards are too many? There are both pros and cons of having multiple cards.
Continue ReadingYou swipe the magnetic stripe—or hopefully by now insert the EMV chip—of your card into the credit card terminal on the counter, wait a few seconds, politely decline a printed receipt from the friendly barista working the register, and walk out the door with your latte in hand. You don’t give what just took place a second thought until you receive your credit card statement showing a $6 charge for that caffeinated morning pick-me-up almost a month later.
The loss of a loved one is a time for mourning, but it’s also a time for making difficult choices. One of those decisions is how to manage your loved one’s finances—both in terms of dealing with creditors and protecting the deceased’s assets from identity thieves.
Children are full of questions about most everything, including credit. From an early age, children can start to observe the different ways their parents pay for things and note that one of those ways involves using colorful, fun-looking cards! So, don’t be surprised if they start asking you about those cards.
According to a study by the Federal Trade Commission (FTC), one in five consumers have a potentially material error in their credit report that paints them as a higher risk than they actually are. So effectively disputing errors in your credit report is a valuable skill. Here’s how to go about it:
This material is for informational purposes only and is not intended to replace the advice of a qualified tax advisor, attorney or financial advisor. Readers should consult with their own tax advisor, attorney or financial advisor with regard to their personal situations.