Debunking Credit Score Myths

When looking to improve one’s credit score, many attempt to do it themselves and ultimately do more damage than good. While there is a plethora of information readily available on the internet, it is easy to misinterpret the language and implement

Excluding Forgiven Credit Card Debt from Taxable Income

If you had delinquent credit card accounts and negotiated a lower payoff amount, you are not necessarily in the clear. The portion of the debt that was forgiven may be reported as taxable income. There are a few ways of excluding forgiven credit card