Should I Save My Credit Card Info On My Phone?
There was a time when saving your credit card information on your phone would be a serious security risk. Apple, Android, and Samsung, however, have made great strides in securing virtual wallets, making them a viable payment option. What is a Virtual Wallet? Referred to by some as the “phallet,” a portmanteau of “phone” and […]
Is It Safe to Give Your Credit Card Number Over the Phone?
Generally, it’s safe to use your credit to pay for something over the phone. All credit card transactions carry a certain amount of risk, and paying over the phone is no different. Paying over the phone has a similar level of risk as paying for a meal at a restaurant. When the bill comes, you […]
Is Storing Credit Card Information On A Website Safe?
Storing your credit card information on a retailer’s site, especially one you visit often, seems like a matter of convenience, but it can also lead to credit card theft. It gives you a reason to come back, as you won’t have to fill out a bunch of info fields every time. This also means that […]
Can Companies Keep Your Credit Card Information?
Companies are allowed to store your credit card details — that’s what makes shopping online so easy. However, that also puts your credit card information at risk. Luckily, merchants aren’t free to do whatever they want with your private financial information. There are limits on what information they can store and specific industry guidelines they […]
Is Paying Off Loans Worth Losing Tax Deductions?
Before we begin, there’s a caveat to consider for this article: Tax laws are always changing. How deductions are applied to different loans, debts, or interest charges is always subject to change. With that said, let’s look at a hypothetical scenario. You have recently received a windfall, a fair amount of money. Enough to pay […]
How to Handle Receiving an Inheritance
A letter shows up in the mail one day from a lawyer. Great Uncle Tybalt, who you haven’t seen since you were a tiny tot, died recently, and left you a sizable sum of money as an heir to his estate. A fantastic windfall indeed. Your first step is likely to be heading over to […]