Citi mtvU Platinum Select Visa Card for College Students
March 24th, 2009
I wish credit issuers had been innovative enough to release credit cards like Citi’s mtvU Platinum Select Visa Card when I was in undergraduate school. I don’t even remember having access to rewards program as a first-time credit card holder, not to mention a program that would reward me well for the all things I did every day as as student.
Posted By: Joshua Heckathorn | Comments (0)Forgiven Debt Now Tax-Free for Many Homeowners
March 18th, 2009Under normal circumstances, debt forgiveness results in taxable income. Not a fun position to be in if you’re the original debtor. However, in December 2007, Congress passed the Mortgage Forgiveness Debt Relief Act in an effort to provide tax relief for struggling homeowners by temporarily lifting this rule for debts forgiven on primary residences.
More recently, in October 2008, Congress extended the relief to include debt forgiven in calendar years 2007 through 2012 as well. So, if you have restructured your home loan and reduced the amount owed, or had debt forgiven as part of a foreclosure during this time, it’s important to remember that you may no longer owe taxes on that amount. More »
Posted By: Joshua Heckathorn | Comments (2)Citi Forward Card Rewards Financial Responsibility
March 11th, 2009
I’ve heard a lot of hype during the last few days about Citi’s new Forward card, so I thought I would take a closer look at what benefits the card really offers to consumers. I must admit that after a quick review of the details, it seems as though the card can actually be quite rewarding. And it has no annual fee! I especially like that part of the deal. More »
Posted By: Joshua Heckathorn | Comments (1)
If you have poor credit or no credit history at all, secured credit cards are still one of the best ways to get some credit and start building your credit score. Chances are high you will get approved, and most reputable card issuers will even report your payments to all three of the major credit bureaus.
So, what’s the key difference between secured and unsecured credit cards? More »
Posted By: Joshua Heckathorn | Comments (2)
