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Author Archives: Guest Post

Man Named ‘God’ Settles Credit Report Lawsuit


A New York man whose first name is God has settled his lawsuit against credit reporting agency Equifax for failing to generate a credit report because its system did not issue credit reports under the name “God.” God Gazarov, 27, of Brooklyn, claimed he had trouble accessing credit because the lack of a credit report with Equifax led some potential creditors ... Read More »

    $60M in Student Loan Refund Checks: Is Yours in the Mail?


    Nearly 78,000 U.S. military members will receive $60 million in total settlement payouts from Navient Corp., a student loan servicer formerly part of Sallie Mae, for charging active duty service members excessive interest on their private and federal education loans. Navient and the Department of Justice reached the settlement in May 2014, but the DOJ just announced the payments, which ... Read More »

      Is Congress Offering More Empty Promises for Troubled Student Borrowers?

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      At long last, it appears as if some members of the U.S. Senate are acknowledging that student borrowers aren’t the only ones to blame for the $ 1.2 trillion mess we have on our hands. Sen. Lamar Alexander (R-Tenn.), chairman of the Senate Education Committee, says that colleges and universities should be held at least partially accountable for the financial ... Read More »

        Will Social Security Numbers Finally Be Taken Off Medicare Cards?

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        In four years, Medicare cards will no longer have Social Security numbers on them. This change is a provision under the Medicare Access and CHIP Reauthorization Act of 2015, which President Barack Obama signed into law April 16. It’s a noteworthy change: A Social Security number is an identity thief’s holy grail, allowing them to commit numerous kinds of fraud ... Read More »

          How Long Does It Take to Pay Off $10,000 of Credit Card Debt?

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          If you have credit card debt, you probably are so over it. You want to pay off the debt, but it feels like a never-ending process. You know (or hope) that at some point you’ll be able to pay it off. But when? How long will it take? The answer depends on three things. 1. Your Payment Plan Are you making ... Read More »

            Will Paying Off A Collection Account Improve My Credit?

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            Question: Does the debt from the collections agency get removed or just show zero balance after it’s paid? If it just shows zero balance will that be enough to boost credit score? Answer from There is a lot of confusion surrounding collection accounts and credit reports. Once you’ve paid or settled a collection account, the balance should be updated ... Read More »

              23 Ways to Save Big at Your Wedding


              For all of the many reasons to get married, paying for a wedding isn’t one of them. It’s an expense that can be used elsewhere — such as for a down payment on a house — or to pay for a honeymoon or use as an emergency fund. Those aren’t exactly romantic expenses (except for the honeymoon), and with family ... Read More »

                What to Do With an Extra $1,000

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                Having an extra $ 1,000 in your bank account can seem like a small windfall that can easily be spent. A quick vacation, expanded wardrobe or a few fancy dinners out can deplete that extra $ 1,000 in a few months. But long-term savings can turn that extra $ 1,000 into thousands more, protecting you in retirement, as an emergency ... Read More »

                  The Real Savings of Making Coffee at Home

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                  It’s almost as much of a savings cliche as checking out books at the library instead of buying them: Making coffee at home is a big money saver over going to Starbucks. It seems like a no-brainer that making coffee at home is a lot less expensive than paying someone else to make it for you, whether that’s at Starbucks, ... Read More »

                    The One Graph That Explains Why a Good FICO Score Matters for Homebuyers


                    When it comes to buying a home, there’s a lot more to the process than just finding an affordable home for sale and having enough money for a down payment. Most people need loans to finance such a large purchase, but even as the housing market has rebounded from the foreclosure crisis and low property values of 2010, mortgages remain ... Read More »

                      9 Essential Steps for Financial Survival


                      Managing your money well doesn’t have to be a complicated process, and you don’t have to earn a degree in finance to learn how to be financially savvy. It is absolutely possible to live a comfortable, financially fit lifestyle, and it’s a worthwhile endeavor for obvious reasons. There are several essential tools that financially successful people employ, and if you ... Read More »

                        There’s No Such Thing As a Free House, Even When You Win the Foreclosure Battle

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                        Some homeowners are emerging from the housing crisis with “free houses,” according to a recent article in the New York Times. According to the article, some homeowners are seeing the foreclosure cases brought against them dismissed because lenders missed key deadlines or because the statute of limitations has expired (here’s a nifty guide on states’ statutes of limitations on debt ... Read More »

                          5 Money Tips for Vacationing With Friends

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                          You love hanging out with some compatible friends or families and you both love to vacation. Why not go on a joint vacation? It can be tricky to navigate trip-planning and financing with others, but you also have the potential to enhance your experience and even save some money. Communication is obviously key to a successful joint vacation, but here ... Read More »

                            Should You Keep Donating to Charity if You’re Broke?

                            To get the real answers, do the math and listen to what it has to say. Math does not lie.

                            As chairman of, I answer many reader questions about money. However, those questions often involve…love. That shouldn’t surprise anyone who knows that couples fight often about money. I’d guess that half my questions fall into this category. Here’s one I just received the other day: Question: My wife and I are finally trying to buckle down and fix out ... Read More »

                              Florida Man Allegedly Memorized Credit Card Numbers to Commit Fraud

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                              An Orlando-area homeless man is accused of using stolen credit card information to stay at a number of hotels, including Disney World resorts, reports FOX 35 Orlando. Investigators say Jeffrey Hawkins, 52, is skilled at memorizing credit card numbers and recalls that information to book his stays. He was charged for similar schemes in 2010 and 2012. The situations in ... Read More »

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