The right way to cancel a credit card

So, you want to cancel a credit card. Whether you should do so and how to complete the task isn’t always so simple, though. Canceling a card requires more than just cutting it up, and retiring that piece of plastic can be either a wise financial move or an unnecessary ding to your credit score. ...


New rules help borrowers with medical collections

Many responsible Americans have struggled with medical debt and been unable to qualify for home financing as a result. But recently, the credit bureaus announced new rules that will improve the credit qualifications of many people with medical debt in collections. Here’s what’s changed and what it means.