What happens to your debt after you die?
What happens to debt after someone dies can be a complex issue, with many factors influencing the outcome. In the United States, there are various laws and regulations that dictate how different types of...
Monthly Archive: March 2023
The 4 Most Common Credit Score Myths
Having a healthy credit score is a key indication of your financial wellbeing, but most people are a little confused — or sometimes dead wrong — about how their score impacts them. An analysis from Capital One Insights...
Biden’s New Plan to Slash Credit Card Late Fees Could Save Americans $9 Billion per Year
Pesident Joe Biden wants to rein in what his administration sees as excessive late fees charged by credit card companies. Biden is announcing a new rule on Wednesday that would lower credit card fees to...
How to Consolidate Credit Card Debt
Americans owe almost $1 trillion in collective outstanding credit card debt, and the average credit card debt is $5,804. Managing credit card debt is even more complicated when your total debt is spread across multiple cards,...
What the Silicon Valley Bank Collapse Means for You (Even if You Don’t Have Money There)
By now, you’ve probably at least heard about the Friday collapse of Silicon Valley Bank, the largest bank failure in the U.S. since 2008 (and the second-biggest in the nation’s history). If you’re confused...
Retirement: What Happens If a Spouse Dies?
Determining primary and contingent beneficiaries is an integral part of estate planning. Without named beneficiaries, retirement accounts will go to your estate and be processed through probate. No one likes to think of what happens to...
3 big money mistakes you could be making
Americans are learning the hard way that they can’t always bank on their own financial knowledge. On average, U.S. adults lost $1,819 to personal financial errors in 2022, according to the latest National Financial...
4 Myths About College Scholarships That Could Cost You
Applying for scholarships — aka free money to cover college bills — sounds like a no-brainer. But actually finding the right types of awards isn’t easy. Scholarships come in different kinds of packages, from...