Should I Use My Stimulus Check for Debt? 3 Questions to Ask

The latest round of coronavirus stimulus checks will be landing in many of our bank accounts or mailboxes soon (if they haven’t already). Should you use the money to pay off debt? Our Penny Hoarder philosophy typically would be a…

How a Goodwill Letter Got a $10,000 Debt Wiped Off My Credit Report

My parents were in the middle of a long, drawn-out divorce when I left for college. My tuition got tied up in the legal battle. This led to a lot of confusion and ended with me leaving school early, holding…

Dear Penny: My Boyfriend Is Deep in Debt. He Thinks It’s a Joke

Dear Penny, My boyfriend of two-ish years lives with me in my apartment. We cohabitate very well, but we're looking to move out of state together at some point.  The problem is, he has debt from credit cards from many…

What to Do If You Have an Eviction on Your Record

The best way to deal with an eviction is to fight it before you’re forced to leave your home. Not everyone who fights will win, though. And after you’re evicted, the nightmare isn’t over. Having an eviction on your record…

Should You Stop Paying Your Student Loans in Forbearance?

The possibility of student loan forgiveness is on the horizon, so should you stop making payments on your own loans? That depends, but let’s take a look at where we stand so far: On the campaign trail, then-candidate Joe Biden…

How to Prevent Identity Theft (From Someone Who’s Been Through It)

My name is Tiffani Sherman. The real Tiffani Sherman. Not the one who recently applied for unemployment benefits, an SBA COVID loan, five credit cards, a payday advance, two loans, and opened two bank accounts. That wasn’t me. It also…

What Is Afterpay? Your Guide to a Credit Card Alternative

Consider it layaway with benefits. If you remember layaway plans (ask your parents!), you know it’s an old retail custom in which you make installment payments over a period of time to buy a product or service you can’t afford…

5 Reasons Dave Ramsey Is Totally Wrong About Credit Scores

Dave Ramsey doesn’t need a stimulus check. He has an estimated net worth of at least $200 million. He doesn’t think you need one either. Recently, the anti-debt crusader came under fire when he said he said he doesn’t believe…