The FICO credit score is a three digit number that for years has been used by lenders to evaluate credit card, auto loan and mortgage applicants. The higher the score can mean bigger loans and lower interest rates. FICO scores rage from 300 to 850. The scores are calculated using the information in people’s credit  … Read More

The arrival of summer is also the start of wedding season. Marriage changes many things and taxes is one of them. Newlyweds should know how tying the knot can affect their tax situation. Here’s a tax checklist for newly married couples: Name and address changes Name. When a name changes through marriage, it is important to  … Read More

Parent Plus Loans are underwritten by the federal government and are popular with parents who want to borrow to help pay for their children’s education. These loans allow families to borrow without regard to their ability to pay. They generally carry higher interest rates than students’ loans, and come with fewer safeguards should a family’s  … Read More

The government responded to the COVID pandemic by allowing for mortgage forbearances.  One of the first acts of the Biden administration was to extend existing mortgage forbearance from March 30 until June 30,2021. This additional period allowed homeowners with conventional loans to request one additional three-month extension, for a total of 15 months of loan  … Read More

Scams targeting older adults take many forms, including callers posing as grandchildren in need of financial assistance. Scams can come in the form of emails directly people to fake bank websites where cons collect legion credentials. The pandemic has increased our isolation, especially older adults. While technology helps us stay connected, it has also opened  … Read More