Bankruptcy is not a get out of jail free card for your debts, it's a nuclear weapon. If you use it, expect to be considered credit unworthy for a decade. A lot of people believe that if they fall behind on their debts, bankruptcy is the quickest way out. Much like the scammy get rich quick infomerci...

Your credit score. It's amazing how one little score can have such an impact on our finances and how misunderstood that number can be. We'll debunk five common myths about it right here, right now. Myth: You have only one credit score. You actually have three scores, one from each of the three burea...

This year, many investors learned the hard way the difference between a money market account and a money market fund. Do you know the difference? A money market account is a type of deposit account. Much like its siblings, the checking and savings account, a money market account is FDIC insured, you...

Do you want to be one of over eight million identity theft victims? No, but most of the services sold by "identity theft protection" companies you can get for free. Here's how. Identity theft protection companies love touting advertising statistics like "8.4 million adults were victims of identity t...

Did you know that when a company checks out your credit report, it can damage your credit score temporarily? It depends on if the inquiry is "hard" or "soft." Hard inquiries ding your score, soft don't. If you're going to get a mortgage or a car loan, a few points difference translates into a big ch...