How to Correct an Error on Your Bank Statement

I found an error today while checking my bank account online. Capital One processed a check for $215.00, but mistakenly recorded it as $215.20. Now I know the error was only twenty cents, but I always find it unnerving when my bank makes a mistake. And of course, sometimes banks make big mistakes. If your […]


APR vs. APY – How One Letter Can Mean So Much

Knowing the difference between APR and APY may not seem like a big deal on the surface, but it’s something that can save every consumer hundreds, if not thousands of dollars over the course of their lives.  Chances are that you’ve heard of both of these terms but haven’t given much thought to how they […]


Does Getting an Auto Insurance Quote Hurt Your Credit Score?

Yesterday we wrote about how to compare auto insurance rates online. One question that has come up is whether getting an auto insurance quote will lower your credit score. Car insurance companies today routinely pull your credit report and use your credit score and history as one factor in setting premiums. As we’ve discussed in […]


How to Instantly Compare Auto Insurance Quotes Online

I‘ve had my car insurance through Nationwide for almost 30 years. My parents used Nationwide when I started driving, so that’s who I used. Of course, back then there was no Internet or easy way to compare auto insurance quotes. You had to call agent after agent to get rates. Today, comparing auto insurance is […]


Does Bouncing a Check Hurt Your Credit Score?

Some time ago we asked What Costs More–A Bounced Check, Credit Card Late Payment Penalty or Payday Loan? Earlier this week, a reader left a comment on the article asking whether a bounced check could affect your credit rating. Since most of us have probably bounced a check before, I thought it was a good […]


SmartyPig – The Ultimate Online Piggy Bank

Among high yield savings accounts, the folks at SmartyPig have come up with a unique way to save money. If you haven’t heard of SmartyPig, you’re not alone.  Unlike some of the other online banks available, SmartyPig doesn’t get tangled up in anything other than savings accounts.  Their tag-line of “Simple, Smart, Savings” says it […]