Category: General-Finances
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Freeze Credit Reports
Freezing your credit reports with the three major credit reporting companies (TransUnion, Equifax and Experian individually) can be one of the best ways to prevent someone from opening credit in your name. Without a freeze on your credit reports, a thief who has obtained your personal information (i.e. social security number, driver’s’ license number) can open…
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5 Reasons Debt is Your Enemy
Most people will agree that debt is a bad thing. I’m not talking about a reasonable mortgage on your home or a five-year car loan at a low interest rate. Debt on credit cards that you cannot pay off each month or a six or seven-year car loan on a car you won’t keep until…
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FDIC or SIPC – Who is Protecting Your Assets
Most people are familiar with the Federal Deposit Insurance Corporation (better known as “the FDIC”). We hear these letters at the end of every bank commercial to let us know our deposits are insured in case there is another “run” on a bank or if a single bank goes under. The FDIC insures deposits up…