Lending Club Using Social Networks to Help Verify Borrower Identity

I just ran across an interesting post over at the Lending Club blog… In it, they talk about the importance of identity verification for fraud prevention and what they’re doing to improve identity theft detection. Here’s what they had to say: We continue to rely on methods of identity verification used by traditional lenders, but […]


Will Moving to a Higher Income Tax Bracket Cost You Money?

I recently received a question from a reader that we’ll call Frank. Frank is up for a possible promotion, but was told by his boss that the pay increase would push him into a higher tax bracket, and would therefore “not be worth it.” Here are the details: I work 33 hours/week at $11.40/hour. My […]


MyFICO Free Trial and 15% Discount Promo Code

I was just filing some things away when I noticed that the e-mail confirmation that I received after canceling my free MyFICO trial included a promo code for a 15% discount. Here’s the scoop: SPECIAL SAVINGS + LIMITED TIME OFFER: You can continue to monitor important changes to your Equifax credit file and FICO score […]


When Should You Start Investing?

Shouldn’t I already be investing? Perhaps you’ve been asking yourself this question but have been unable to settle on an answer that you’re comfortable with. If so, you’re not alone… Many people push investing to the back burner because they’re unsure where, when, or how to begin building their nestegg. In fact, it seems that […]


Paying Your Taxes with American Express Membership Rewards Points – Deal or No Deal?

This is a guest post from Adam Jusko, founder of IndexCreditCards.com, a credit card information site where you can compare credit card offers. Please consider following Adam on Twitter for quick credit tips and opinions. American Express recently announced that it was teaming up with two independent payment agencies to allow its cardholders to pay […]


How to Cancel Your MyFICO Score Watch Free Trial

Have you signed up for the MyFICO Score Watch trial to get free access to your credit score? If so, and you now want to cancel before you get charged (you have 30 days), then read on… From their FAQs: Thank you for trying Score Watch Free Trial, we hope you found our product informative, […]


Getting a Better Deal on Our Home

Last week I mentioned that we finally closed on our condominium. As you might recall, we were originally supposed to close a couple of months ago, but the deal feel through at the last minute. Thus, we ended up negotiating with the builder to get a better deal while we were waiting. In the end, […]


15 vs. 30 Year Mortgages: Which is Right for You?

I’ve had mortgages on the brain recently. When assembling our mortgage history the other day, I was struck by the decisions that we face along the way. Aside from deciding when to refinance, the biggest decision that we faced was what type of mortgage to get. While we could’ve (arguably) saved some money by opting […]


Haiti Donations to be Deductible in 2009 (If You Want)

If you’ve been on the fence about donating to Haitian earthquake relief efforts, Congress just gave you one more reason to open your pocketbook… The House and Senate have both approved legislation that will let taxpayers claim their donations on their 2009 taxes. In the absence of this bill, you would’ve had to wait until […]


Effect of Paying Off Your Mortgage on Your FICO Credit Score

Have you ever wondered what sort of impact paying off your mortgage would have on your credit score? I have. In fact, that’s the primary reason that I signed up for a free trial of MyFICO ScoreWatch late last month. Well… I now have my “before” and “after” credit score, and guess what? It went […]