Financial Fundamentals Blog

Should I Consolidate my Debt?

  • Francesca Sacco
Are you struggling with debt and considering debt consolidation? Before you take out a consolidation loan, make sure it’s the right choice for you.

What to know before accepting COVID-related credit card relief

  • Francesca Sacco
As the COVID-19 pandemic continues, many credit card issuers are offering temporary credit card relief. But know that accepting assistance from credit issuers comes with some caveats. Here’s what you need to know if you take your credit card company up on a relief offer.

Start the New Year with a Clean Financial Slate

  • Francesca Sacco
January is right around the corner, and the New Year is the perfect time to focus on your goals. Make 2020 the year you address your financial goals. Regardless if you want to save more, improve your credit score or pay down debt, we’ve compiled a list of tips to help you start the New Year with a clean financial slate.

Tips for Recent College Grads to Avoid Common Financial Pitfalls

  • Francesca Sacco
Congratulations! Your hard work has paid off. Diploma in hand, you’re ready to tackle the next phrase of your life.

But the joy of graduating from college can quickly fade once graduates begin to grasp their new-found responsibilities, especially when it comes to their financial future. Navigating rent, a car payment, insurance, cable and groceries can be overwhelming. Throw student loan payments and other financial burdens into the mix, and it can be downright frightening.

The worst thing recent grads can do is to start using credit cards to help them maintain their lifestyle. The average college grad owes $4,100 on credit cards at the time of graduation. Not including student loans. Roughly 69% of graduates took out student loans and owe an average of $29,800 in federal and private debt.
 

Four signs you might be a victim of tax-related identity theft

  • Beth Ann Tabak
Though the Federal Trade Commission (FTC) reports that tax-related identity theft is on the decline, it’s still a possibility. Here are a few signs that could indicate you’re a victim.

Credit Report 101: What is it and why should you check it?

  • Beth Ann Tabak
Your credit report might be the most important financial tool you have, but do you know why? Check out this primer on the basics of a credit report, and why it’s so essential to your financial life.

Credit Freeze vs. Fraud Alert: Which is right for you?

  • Beth Ann Tabak
If you’re concerned about identity theft, it could be in your best interest to place a Credit Freeze or Fraud Alert on your accounts. But, which one is right for you? Here’s what these tools are and how they work so that you can determine your next steps.