How to Deal with an Underwater Car Loan When You Can’t Sell

According to experts at the automotive website Edmunds, a new car loses up to $7,419 of its value during the first year on the road. Over the next three years, new cars lose an average of $5,976 in value, mostly due to age and wear and tear. This shows just how quickly a fancy new… Read More

The post How to Deal with an Underwater Car Loan When You Can’t Sell appeared first on Credit.com.

How to Start Building Credit Once You Turn 18

Good credit is crucial to unlocking many financial opportunities in life. When you have a great credit score, you can get lower interest rates on car loans, credit cards and mortgages. Some employers and landlords even check credit reports before they make a job offer or approve a resident application. While developing a solid credit history… Read More

The post How to Start Building Credit Once You Turn 18 appeared first on Credit.com.

Don’t Get Tricked: Identity Protection Tips You Need

The weather is turning, fall is in the air, and Halloween is around the corner—which means it’s National Cybersecurity Awareness Month. How can you ensure October is full of treats while not falling for any scammers’ tricks? By arming yourself with these identity protection tips. Every American should understand the basics of identity theft protection…. Read More

The post Don’t Get Tricked: Identity Protection Tips You Need appeared first on Credit.com.

Freezing Your Credit

In the age of paperless transactions, identify theft is something that virtually all of us are susceptible to. If your identity is stolen, the consequences can be severe, and in some cases, can take years to recover from. One way to be proactive against fraud and defend yourself from identity theft, is to freeze your […]

Freezing Your Credit is a post from Pocket Your Dollars.

How and When to Talk to a Credit Bureau

Your credit score can have a huge impact on your life—for better or worse. In many ways, the three major credit bureaus are the keepers of your credit score. They’re responsible for maintaining credit reports, which means you may need to contact them about the information included on yours. While this may seem daunting, it’s… Read More

The post How and When to Talk to a Credit Bureau appeared first on Credit.com.