NEW YORK, Sept 2- Millennials get plenty of recognition for frugality and their desire to share everything from cars to clothes, but they also have the lowest average credit score of any generation, according to a new study. "Millennials are misunderstanding, or are simply unaware of, the benefits of credit cards," says Sean McQuay, NerdWallet's resident credit card...» Read More
Sometimes, it's the only option you've got left if you're being taken advantage of. But you better be prepared for a long, hard slog.
It may be your last best option. But you better know what you're doing before you go through with it.
One way to do that is to absolutely, no matter what, avoid the trap of retail store credit cards.
Increase you deductions, donate to charity, watch your withholding, convert to a Roth IRA and sell losing stocks. Here's how and why.
In an economy like this, everyone's looking to take some of the sting out of their losses, but make sure don't get stung by scam artists in the process. A guide to the beguiling.
Many Americans may only be concerned with filing their taxes by the April 15 deadline, but if you want to take full advantage of the savings to which you may be entitled, it’s essential to takes some steps before you celebrate the holidays are over.
Even if you the financial crisis has caused major losses in your investment portfolio. that doesn't mean you're without capital gains. And even if you are, there's a a bit of silver lining to all those losses.
Store-issued credit cards are hurting your credit without you even knowing it.
John Ulzheimer lists the steps you must take when you decide to tell your credit-card provider that 'it's over.'
What happens if you buy a gift card to a store that goes out of business?
Stay away from any so-called 'debt repair' companies. Many of them will just leave you even deeper in the hole.
Brian Battle of Performance Trust Capital Partners says the Federal Reserve and the consumer are working at cross-purposes as they attempt to get back to normal.
Oppenheimer’s Meredith Whitney sees some real dangers ahead in the banking sector. Find out what’s got her attention.
Why you should avoid the 'subprime' of credit at all costs.
While stock markets gyrate between bear and bull, credit markets may ironically emerge as an attractive alternative, according to some analysts.
Watch the exclusive segment here to find out what John Ulzheimer recommends.
Our credit expert fields your questions on everything from debt settlement to Citigroup's new interest rate hike.
There's this notion, one you hear all the time, that because we're down so much, and because we’ve held at the October 10 lows and rallied from them every time, that we should all stop worrying and join the "land of a thousand bull dances" otherwise we'll be left behind.
Warren Buffett "knows and loves" American Express and would come to its rescue if needed, suggests Barron's. But it argues American Express probably won't need to call on Buffett for help, because it has enough cash to get through the tough times ahead, even though an "overreacting" Wall Street has pushed its shares down to 1997 levels.
More of Carmen's tipf for how to make it through the holidays credit free.