How can I tell a credit repair scam from a reputable credit counselor?
There are counselors who can help you with your credit report, and others who take your money but don’t help you. Warning signs for credit repair scams include companies that ask you to pay before providing services. The company may ...
How long does negative information remain on my credit report?
A credit reporting company generally can report most negative information for seven years. Information about a lawsuit or a judgment against you can be reported for seven years or until the statute of limitations runs out, whichever is longer. ...
Is it possible to remove accurate, negative information from my credit report?
You generally cannot have negative but accurate information removed from your credit report. None You can, however, dispute accurate information if it appears multiple times. Most negative information will remain in your report for seven years. Some ...
Where can a member of the military or a spouse/dependent of a servicemember go for emergency funding or financial assistance?
Military Aid Societies (Army Emergency Relief, Navy-Marine Corps Relief Society, the Air Force Aid Society, and Coast Guard Mutual Assistance) provide grants and no-interest loans to certain servicemembers in need of essentials such as rent, food, ...
I've always tried to save for a rainy day, now my son is away at college and I want to get him to start saving too. What do you suggest?
To encourage your college aged son to start saving, suggest automated savings. If he has a steady income – from a part-time or full-time job, for example – he may be able to set up a payroll deduction from his ...
What can I do if I think a mortgage lender discriminated against me?
If you think you’ve been discriminated against by a lender or creditor, check for your local state protections. You can also submit a complaint with the CFPB. Look out for warning signs H2 Discrimination by a creditor is often hidden ...
Can anyone take out a reverse mortgage loan?
No. Home Equity Conversion Mortgages (HECMs), the most common type of reverse mortgage loan, are a special type of home loan available to homeowners who are 62 and older. Aside from age, other reverse mortgage requirements include: Your home must ...
What are the signs of a student loan scam?
Scammers often make false claims and try to charge you for things you could do yourself for free. Protect yourself from student loan scams, including student loan forgiveness scams and student loan phone scams, by looking for warning signs. According ...
How do I avoid scams and fraud after a disaster?
To avoid scams ask questions, verify the identity of anyone trying to sell you something or asking for money, and make sure written contracts match the verbal promises that were made. Scammers often try to take advantage of you during ...