Kamis, 30 Januari 2014

This week's top story: 1099-C surprise: IRS tax follows canceled debt

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Weekly newsletter: Jan. 30, 2014
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Top credit card news
Expert advice
Forgiven tax carries tax penalty
1099-C surprise: IRS tax follows canceled debts
If you thought your money woes ended last year when you settled that credit card debt, think again. For many consumers with debt problems, after the debt collector leaves their lives, the taxman arrives ... More
How to let kids fail their way to financial success
Knowing how to handle your child's money mistakes can mean the difference between a learning opportunity and a bad habit ... More
Card complaints declined in 2013
Consumers filed fewer complaints about credit cards with the Consumer Financial Protection Bureau in 2013, but two big issuers saw a growth in grumbles ... More
'Opening Credits' by Erica Sandberg
When to stop obsessing over your credit score
When your FICO credit score is just 70 points shy of a perfect score, is it really worth the effort to push it all the way to the top?  ... More
'To Her Credit' by Sally Herigstad
Ex's ID theft thwarts new couple's finances
His ex-wife racked up debt in his name on a secret card, but agreed to pay if off in the divorce. But how does he clear it off his credit reports? ... More
'Cashing In' by Tony Mecia
How to score a rental car with card rewards, points
Redeeming points or miles for rental cars is not as straightforward as earning a free flight. But with a little know-how, it can be done  ... More
Latest BLOGs AND VIDEOS
Rate Report
Is credit monitoring a salve for data breaches?
Target and Neiman Marcus' decision to pay for a year of free credit monitoring for recent shoppers has thrown a bright spotlight on a service that typically gets mixed reviews from consumer advocates  ... More
Video: Crafty ideas for recycling old cards
Check out these four ways to use outdated credit cards or gift cards to make something special: an earbud holder, potpourri, a unique picture frame and a battery cover for a remote control or other device ... More
Credit card rate report
As of 1/30/2014
National Average
15.00%
Business
12.98%
Low Interest
10.46%
Balance Transfer
12.55%
Cash Back
14.62%
Reward
14.91%
Bad Credit
22.73%
Airline
14.51%
Student
13.27%
Instant Approval
28.00%
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Rabu, 29 Januari 2014

What’s the deal with the debt ceiling?

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