Subscribe to our mailing list

X

Skewed Cupid

By on March 21, 2016

Valentine’s Day conjures up images of hearts, flowers and a double-decker box of chocolate, nougat and nuts. But, metaphorically speaking, what happens when that stupendous bouquet of roses you got turns out to be a pile of weeds? Love might cloud our vision, line drawing but that doesn’t mean you have to turn a blind eye to consumer pitfalls. If you know what to look for, you can avoid some big missteps. While these are probably the least romantic Valentine sentiments ever, they just might save you some heartbreak down the road.

Can we talk? Experts suggest engaged couples have a frank and free-ranging discussion about money before tying the knot. Can you establish joint priorities and a budget? If one or both of you are carrying a lot of debt into the marriage, do you have a plan to deal with it? Who will manage paying the bills? Before saying yes to the dress, should you say nyet to the debt? Bottom line: to live in “har-money,” talk to each other, early and often.

My not-so-funny Vile-entine. Online dating has brought millions together. But some scammers create fake profiles to trick you into sending money in the name of love. Is there an online love interest who asks you for money – or personal financial information? Swipe left – it’s almost certainly a scam artist. Don’t let an imposter pester you.

Hey baby, what’s your sign? What do you do if your special friend – online or in person, or even a buddy or relative – asks you to co-sign a loan? That means you’re promising to pay the debt if they don’t. There may be times you want to co-sign for someone but before you do, think about it long and hard. Remember, it’s an obligation that can affect your finances, too.

This article by the FTC was distributed by the Personal Finance Syndication Network.

If you would like to contribute a guest post like this one, click here.

Last step, fill out the information below or call us for Priority Assistance.

What problems are you having with your report?

Your first name is required. Your first name is required to be at least 2 characters. Your first name cannot be longer than 50 characters.
Your last name is required. Your last name is required to be at least 2 characters. Your last name cannot be longer than 50 characters.
Your email is required.
Your phone is required. Your 10 digit phone number is required.
Your state is required.
Your age is required. Your age must be greater than 18. Your age must be less than 100.

By clicking on the "Contact Me" button above, you consent, acknowledge, and agree to the following: Our Terms of Use and Privacy Policy and to receive electronic communications. We take your privacy seriously. That you are providing express "written" consent for Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS - charges may apply), even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list. Consent is not required as a condition to utilize Debt.com services and you are under no obligation to purchase anything.

By clicking on the “Contact me” button above, you consent, acknowledge, and agree to the following: (1)That you are providing express “written” consent for Lexington Law Firm, Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS – charges may apply), or dialed manually, at my residential or cellular number, even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list; and (2)Lexington Law’s Privacy Policy and Terms of Use and Debt.com’s Terms of Use and Privacy Policy. Consent is not required as a condition to utilize Lexington Law or Debt.com services and you are under no obligation to purchase anything.

About Guest Post

If you would like to contribute a guest post, click here.
%d bloggers like this: