In order to protect the confidentiality, accuracy and relevance of credit information, Credit Reporting Agencies, or CRAs, are required to follow reasonable procedures as mandated by Congress and the courts. Although there are limits on the use of credit reports, there are certain purposes in which it can be used. For more on consumer protection laws and to learn about some permissible uses of your credit report, read this Financial Strategy.
New Year’s Resolutions not only give you goals to aim for throughout the year, but they can also save you money in the process. By spending more time with family and friends, living a healthier life and helping others, your chances of living a more enjoyable life are increased. For more information about some of the most common New Year’s Resolutions and a little financial insight regarding them, read this C.P.A Insight.
Legislation in Georgia has made credit freezes an effective and economical way to curb identity theft. Credit freezes lock your credit records so that no one other than you can establish new credit in your name. For more on credit freezes and how they differ from fraud alerts, read this Financial Strategy.
In order to enjoy that new car smell, you will likely have to make a decision on how to finance the purchase of that car. Preparing yourself by understanding your different finance options will benefit you in this process. For more information on comparing finance options offered by dealers, leasing companies or your local bank, read this Financial Strategy.
If you want a new vehicle, you will have to decide if you want to lease the auto or take out a loan to finance the purchase.
The auto might be new to you, but should you buy new from the dealer to get the factory warranty or do you opt for a used car letting someone else take the hit on depreciation?
When choosing a financial planner, we suggest interviewing multiple planners, having each outline the services they offer, their education, experience and specialties.
The Pension Protection Act of 2006 was aimed at increasing retirement savings. Most notably, employers were allowed to automatically enroll employees in the company’s 401(k) plan.
Many new investors look for a way to invest a small amount of cash into the stock market without paying huge commissions. To meet this increasing demand, more companies are offering dividend reinvestment plans, also known as DRIPs. DRIPs are offered by a corporation and allow investors to reinvest their cash dividends by purchasing additional shares or fractional shares of some of the most well known publicly-traded companies for as little as $10 at a time. As a result, DRIPs have become heavily promoted as viable solutions to new investors entering the stock market
Many sectors are negatively correlated, so by diversifying your portfolio you may be able to better weather a market downturn.
