Thursday, March 5, 2015

Top story: 1099-C frequently asked questions

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Weekly newsletter: March 5, 2015

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Wonder why you received a 1099-C in the mail? Most taxpayers don't realize forgiven debt is considered income, and questions abound ... (See More)
New York Times personal finance columnist and "The Opposite of Spoiled" author Ron Lieber touts the benefits of teaching financial decision-making early on ... (See More)
While banks long ago embraced online banking transactions, they still rely on branches to originate most types of accounts, research by Celent finds ... (See More)
'Cashing In' by Tony Mecia
Interest costs far outweigh any rewards offered by credit cards, so prioritize paying off your balances before thinking about earning rewards. More...
'To Her Credit' by Sally Herigstad
The odds of prosecuting someone for card fraud for using your card when you them gave your permission to use it are pretty fruitless. More...
'Opening Credits' by Erica Sandberg
Restoring your credit after letting all debts go into default takes resolve and a bit of negotiation savvy. These steps will help you get back on track. More...
According to a growing body of research in a field of science called genoeconomics, the size of your bank account -- and the amount of credit card debt you carry -- may be partially determined by your genes ... More
Even though a recent FICO survey revealed that millennials are more likely to use mobile wallets than other age groups, blogger Sienna Kossman is perfectly happy swiping her old-fashioned plastic cards. Here's why ...  More
As of 3/5/2015
National Average
14.87%
Low Interest
11.53%
Balance transfer
14.00%
Business
12.85%
Student
13.14%
Cash Back
15.26%
Reward
14.99%
Airline
15.15%
Bad Credit
22.48%
Instant Approval
17.93%
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