‘I Feel Immense Shame’: Millennial Mom Of 3 Depends On Her 64-Year-Old Retired And Widowed Mom For Financial Assistance

‘I Feel Immense Shame’: Millennial Mom Of 3 Depends On Her 64-Year-Old Retired And Widowed Mom For Financial Assistance

Alyse Benoit, 39, always received financial help from her late dad and 64-year-old mother, no matter the situation. Her stepdad passed away last year, and now the widowed mother ensures she has affordable housing for her kids with bills like internet and utilities taken care of. Over the years, Alyse’s mother gifted her cash and … Read more

Mom Goes To Jail After Racking Up $30K Credit Card Debt In Daughter’s Name And Tanking Her Credit Score

Mom Goes To Jail After Racking Up K Credit Card Debt In Daughter’s Name And Tanking Her Credit Score

How would you deal with a situation where your mother racked up $30,000 debt in your name without telling you and asked you to repay it for raising you? That happened with a young daughter last year before graduating from college. In a recent Reddit post, she shared her ordeal about finding out her mother’s … Read more

Poor Credit Scores Could Cost Brits An Extra £270,000 In Interest Payments Over A Lifetime

Poor Credit Scores Could Cost Brits An Extra £270,000 In Interest Payments Over A Lifetime

A credit score determines your creditworthiness. When you apply for products like credit cards, loans, or mortgages, lenders check your credit score and profile to review your loan repayment history, credit utilisation, credit mix, and enquiries before determining your loan eligibility and terms. A poor credit score could lead to application rejection or approval with … Read more

Credit Card Fraud Cost Americans $1 Billion In 2023 As Identity Theft Cases Flare Up

Credit Card Fraud Cost Americans  Billion In 2023 As Identity Theft Cases Flare Up

Have you ever noticed a new credit card or loan account on your credit report that you don’t recognise or inquiries for credit products you never made? There’s a good probability that you may be a victim of identity theft. It is a form of financial fraud where threat actors use your personal data, such … Read more

U.S. Olympic athletes face surprising financial hurdles

U.S. Olympic athletes face surprising financial hurdles

Being an Olympic athlete in the U.S. is not just arduous physically but often financially as well. In fact, 26.5% of high-performance American athletes earn less than $15,000 a year, according to a recent report “Passing the Torch” by the Commission on the State of the U.S. Olympics & Paralympics, and another 10% earn between … Read more

‘I Thought I Could Trust Him’: Woman Finds Out New Husband Hid $77K Credit Card Debt

‘I Thought I Could Trust Him’: Woman Finds Out New Husband Hid K Credit Card Debt

Jim and Dana, both 58 and five years into their marriage, are facing significant lifestyle changes as they approach retirement. The couple is concerned about their financial future, mainly whether they have saved enough to retire comfortably. However, a shocking revelation about their finances led to a breach of trust, which came to light while … Read more

How to effectively use credit cards for summer travel

How to effectively use credit cards for summer travel

Klaus Vedfelt | Digitalvision | Getty Images If you plan to spend money on travel as the days get longer, sunnier and warmer, be careful: It could leave you with high-interest debt you will still be paying off through the fall and winter. Almost half (45%) of Americans plan to take a summer trip requiring … Read more

Couple Earning $250k Yearly Makes $500K Commitment for Kids’ Education, Now Feels Broke

Couple Earning 0k Yearly Makes 0K Commitment for Kids’ Education, Now Feels Broke

Sarah, 38, and Kevin, 43, collectively earn $250,000 annually and have been married for 14 years with three kids. Sarah dreams of buying land and building a house while ensuring their children get the best education. Like all parents, they want the best for their kids, but their poor money habits have led them to … Read more

Man Refuses To Marry GF With $15K Credit Card Debt: ‘It Wouldn’t Be Wise for My Finances’

Man Refuses To Marry GF With K Credit Card Debt: ‘It Wouldn’t Be Wise for My Finances’

DJ, 33, and Adam, 37, live in rural New York and have been dating for three years. The main reason stopping Adam from getting married to DJ is her $15,000 credit card debt. She has been carrying the debt her whole life despite making $6,000 monthly. The couple’s anxiety over the future led them to … Read more

Hidden cameras capture bank employees misleading customers, pushing products that help sales targets

Hidden cameras capture bank employees misleading customers, pushing products that help sales targets

Michelle Jeraline says she’s so stressed out by the pressure to sell customers products at TD Bank, it’s affected her health.  The TD employee says she’s usually not acting in the best interest of her clients — she’s trying to sell them products that will help her meet sales targets and keep her from being … Read more