Apps such as Affirm, Afterpay and Klara do not require a hard credit check as is needed to apply for credit cards, so they do not appear on credit reports. They generally charge late fees rather than interest. Using these apps will not help credit scores since the apps do not report to the credit  … Read More

The cost of adding a teenager to your car will go up considerably in 2022. This increase will be more than the added cost of any other life event, including getting into and accident of a DUI. Examine your policy carefully with your agent and ask about discounts. Some areas of discounts may include bundling  … Read More

When spouses apply for loans together, data from both spouses may be taken into consideration. When couples apply for a mortgage, lenders may pull credit scores for both spouses from all three credit bureaus- Equifax, Experian and Transunion. They will use a formula mixing the scores to decide on the interest rate. For other loans,  … Read More

The biggest credit reporting firms will remove medical debt from consumers’ credit reports. Beginning in July, 29222 the companies will remove medical debt that was PAID after sent to collections New UNPAID medical debts will not get added to credit reports for a full year after being send to collections. The firms are also planning  … Read More

Under new rules, debt collectors can now contact you by email, text messages and social media, in addition to phone calls and mail. They must identify themselves and any messages they send must be private. In other words, they cannot report your debt on Facebook or Twitter. Under the new laws, debt collectors cannot attempt to contact  … Read More

For years, millions of Americans with medical emergencies could receive another nasty surprise: a bill from a doctor they did not choose and who did not accept their insurance. A law that goes into effect Saturday will make many such bills illegal. If you are having a medical emergency and go to an urgent care  … Read More

In order to protect your privacy and personally identifiable information, there are certain documents you should shred. These documents include prescription labels that give your name, the drug’s name and dosage and pharmacy. Also, make sure to shred pet medical papers that show the pet’s name-which many people use as a password.

Pennsylvania will no longer impose state income taxes on public sector workers and nurses who receive student loan forgiveness from two major programs. If you participate in the federal Public Service Loan Forgiveness Program or the Pennsylvania Student Loan Relief for Nurses Program, Pennsylvania will not impose state income taxes on the amount of loan  … Read More

The sooner you respond to an error on the credit report, the better. The longer the error sits on your credit report, the harder it can be to untangle.  It is very important to determine if there is actually an error on the credit report. Only inaccurate information should be fixed. If you have had  … Read More

Your credit can be permanently ruined by errors on the credit report. Something that seems small, such as a payment incorrectly reported as late or missing can make a big difference in your ability to the best possible rates on financial products like home and car loans. It is very important to try to fix  … Read More