Lynnette’s Blog

Jul 12

Beware of Fake IRS Collection Scam

Have you ever received a phone call from the IRS – or from someone claiming to be from the IRS – about an alleged tax debt? If so, you need to know that any such phone call is almost certainly a scam also known as the IRS Collection Scam! The... read more →

Jul 06

What a Trade War With China Means For Your Money

It’s official: the U.S. and China are formally locked in a high-profile trade war. On Friday July 6, 2018, the U.S. hit China with tariffs on $34 billion worth of goods, mostly high-tech items, like aerospace and robotics products, as well as semiconductor chips for cars, computers, smart phones and... read more →

May 01

Splitting Up and Not Married – Whose Money is it Anyway?

Q: My boyfriend and I been together for over 15 years. We have joint savings and checking accounts. We planned on getting married. However, after he won a settlement that was deposited in our joint account, he wants out of the relationship. Can I get in trouble for taking the... read more →

Apr 16

How to Negotiate a Lower Interest Rate on Your Credit Card

Q: Is there a way to lower my credit card interest rate so I can pay my credit card's balance off faster? A: Thanks for reaching out and for your question. Believe it or not, the best way to get a lower interest rate on your credit card is to... read more →

Apr 06

Is a HELOC Right for You? Pros, Cons, and Considerations to Make

A home equity line of credit, or HELOC, is a popular way to finance everything from home remodeling or repair to debt consolidation, or even a vacation. If you’re a homeowner, you’ve probably heard of them, but should you apply for one? Here’s what you need to know. What is... read more →

Feb 28

How to Report Rent Payments to the Credit Bureaus

Q: I carried a mortgage on a property I rented out and I would like to report rent payments to the credit reporting agency. How can I do this? A: Thanks for reaching out and for your question about reporting a mortgage to a credit bureau. In order to do... read more →

Jan 04

A New Financial Tool, Cinch, Can Improve Your Finances

A new financial software tool, called Cinch, can help you not only save money, but also plan your financial future. So, what exactly does Cinch do? Basically, it is like hiring your very own Chief Financial Officer. Using the latest developments in Artificial Intelligence (AI) and automation, Cinch creates a... read more →