Anyone can die leaving debt behind. Spouses and families should help prepare or revise estate plans to address current credit issues and create an action plan for the possibility of remaining debt after the borrower dies.
Your credit reports are going through a major overhaul, and it's one that will help consumers. These credit bureau changes will take time to implement, but it's a nice change to go with the revamped FICO scores we saw last year.
If you are looking for a way to be extra vigilant against identity theft or if you've been a victim of identity theft, you may want to consider freezing your credit with each of the three major credit bureaus.
Rather than viewing a credit profile as manifestation of one's ability to manage money, I prefer to think of it as a self-awareness tool, and self-awareness is an attractive quality. So how self-aware are you when it comes to your credit?
I then contacted TransUnion's corporate office and got in touch with someone who understood what was clearly obvious. The matter was resolved a week later. Kind of. My credit score increased to nearly 800. But the false judgment remained on my credit report.
If you have credit problems and you're facing those annoying calls by collections agents, here's how you can hit a home run to clear those accounts off of your credit report and improve your credit score.
It's the classic election year question: Are you better off now than you were four years ago? As the primary season gets under way, expect to hear some version of that question with increasing frequency. Your answer may depend on where you live -- and how you vote.