Ways To Find Money And Offset Social Security Tax Hike

Paychecks are getting smaller. While many Americans are breathing a sigh of relief that their income tax did not increase, there is nonetheless a tax increase that will impact all paychecks. The Social Security payroll tax rate was reduced for 2011 and 2012, with the employee contribution cut from 6.2 percent to 4.2 percent. The…
Read More

Are You Profiled As A High Achiever By FICO?

I received this information the other day from and thought it was interesting and worth sharing. The original study was published by myFICO.com, the consumer division of FICO, the company that invented the FICO Credit Score What’s the Profile of High Achiever’s Credit Scorers? FICO recently released a study on the habits of US consumers…
Read More

Consequences Of Overspending On The Holidays

 Editor’s note: This article was originally posted November 2012. Millions of consumers have begun their holiday shopping, snagging sale items either in-person or online, and therefore considering themselves savvy shoppers. At the same time, many lost sight of the fact that regardless of the price, a bargain isn’t a smart purchase if it compromises a…
Read More

More Than One In Five Americans Consider Credit Essential

According to the September poll hosted on the National Foundation for Credit Counseling (NFCC) website, 22 percent of more than 1,900 respondents indicated they could not make ends meet without access to credit. “There are hundreds of millions of credit cards in circulation, making the plastic temptation very real,” said Gail Cunningham, spokesperson for the…
Read More

Village Financial Counselors Help Consumers Understand Importance Of Credit Report

The Consumer Financial Protection Bureau (CFPB) recently announced that it would soon begin examining credit reporting agencies to confirm, among other things, that they are producing accurate credit reports and that consumers have ample ability to dispute errors on their reports.  “An accurate credit report is critical to a person’s financial future, and consumers need…
Read More