April is Financial Literacy Month.
It?s a good time to check your credit reports and review your financial know how.
Most Americans aren?t up-to-date on their credit standing, according to the National Foundation for Credit Counseling?s 2011 Consumer Financial Literacy Survey Final Report:
- 65 percent haven?t obtained yearly credit reports within the last 12 months.
- 63 percent haven?t requested credit scores.
Of those that haven?t checked credit histories:
- 43 percent say they do not think it is useful or do not plan to apply for new credit;
- 22 percent do not believe they have any credit history to review.
The same study finds that millions of Americans carry credit card debt month-to-month and 28 percent admit to not paying bills on time; 7 percent currently have debts in collection.
The BBB serving Alaska, Oregon, and Western Washington encourages consumers to use these free resources:
Free credit reports: annualcreditreport.com
National Foundation for Credit Counseling: nfcc.org
Federal Reserve: federalreserve.gov
Financial Literacy and Education Commission: mymoney.gov
Consumer Financial Protection Bureau: consumerfinance.gov
FINRA Investor Education Foundation: saveandinvest.org
BBB?s Managing Credit ? Made Simpler: bbb.org/credit-management
Be Money Wi$e: money-wise.org
The BBB also urges consumers to also take advantage of free events:
BBB?s Secure Your ID Day ? Free Shredding: akorww.bbb.org/secure-your-id
Money Smart Week: moneysmartweek.org
Financial Education Clearinghouse ? dfi.wa.gov/financial-education/
Find more credit tips at bbb.org.
For more information for boomer consumers, see my blog The Survive and Thrive Boomer Guide.
toulouse france the situation tim tebow jets katy perry part of me video photoshop cs6 beta cate blanchett drew brees
No comments:
Post a Comment