FICO® weighs open accounts more than closed ones, so paying off loans may hurt your credit. However, it will depend on your unique financial situation. Read more.

Learn five effective ways to pay off your car loan faster, the pros and cons of paying it off quickly, and how paying off your auto loan may affect your credit score. Read more.

Do you need a social security number to file taxes? Here’s everything you need to know about the required documentation for filing accurately during tax season. Read more.

In this post, we go over what happens if you don’t pay medical bills, how it impacts your finances and what to do if you can’t afford your medical bills. Read more.

Wage garnishment occurs when a creditor takes a portion of your paycheck to help settle a past debt. We provide ways how to prevent this from happening below. Read more.

Spring is here. And with the sight of flowers blooming and birds chirping comes spring cleaning. Besides decluttering your home, dusting forgotten corners, and sprucing up your abode, give your "money house" a good once-over with this step-by-step guide. Read more.

A paid-in-full letter shows creditors and collectors proof that you’re making your final debt payment and asks for confirmation from them of this fact. Read more.

Paying off your collection account may improve your credit score and will depend on the credit scoring model that your lender used and the type of debt. Read more.