Low and moderate income Wisconsin residents can take advantage of a variety of tax credits. These credits can bring thousands of extra dollars to individuals and families, but an estimated 20% of people who are eligible for these tax credits do not claim them every year. Here’s a breakdown by state. These credits include the […]
During the past year in Wisconsin, complaints to the Federal Trade Commission went from several hundred a month to a peak of 56,000 complaints in March 2021. The top complaint involved fraud, most often related to online shopping, followed by complaints about credit bureaus and financial services. Identity theft was the third most common complaint […]
COVID-19 has impacted our lives in many ways. View and download the Tools to Cope with the Financial Impact of COVID-19 guide. Find more answers to Frequently Asked Questions about financial resources on our webpage.
Tax time is upon us. View this chart to learn about tax credits available to Wisconsin families.
By law, everybody can obtain three free credit reports each year. The information in your credit report affects your life in important ways—your ability to get a loan, how much you pay for credit and insurance, securing a job, renting a house or apartment, and preventing identity theft. It is important to check your report […]
Many people use the terms “credit report” and “credit score” interchangeably, but they are not the same. Your credit report is a detailed account of your credit history, while your credit score is a three-digit number signifying your credit-worthiness. You are entitled to three free credit reports per year, but you generally have to pay to view your score.
By law, you are entitled to three free credit reports every 12 months–one each from the three credit reporting bureaus: Equifax, Experian, and TransUnion.
Information in Your Report Video Introduction to a Credit Report Sample Reports Identifying Potential Errors Dealing with Errors Monitoring Negative Information Information in Your Report Once you order a credit report from one of the three agencies, your report will appear on screen. We recommend printing your report (it might be long!) and saving it […]
The credit bureaus maintain tens of millions of reports, so they cannot verify the accuracy of the information in everybody’s reports. Fortunately, there are ways to identify and dispute errors in your credit report.
Many libraries and youth programs across the United States are using books from the Consumer Financial Protection Bureau’s “Money as You Grow” Bookshelf for their children’s reading programs. Free resources to support your local program can be found on the CFPB’s website. UW-Madison Division of Extension also has materials around children and money created especially […]
The Earned Income Credit (EIC) is a tax credit for workers who earn low or moderate incomes. There are two types of Earned Income Credits: a federal credit that is claimed on your federal taxes, and a Wisconsin credit that is claimed on your state taxes. If you qualify for the EIC and file your […]
The Earned Income Credit (EIC) is a tax credit for workers who earn low or moderate incomes. There two types of Earned Income Credits: a federal credit that is claimed on your federal taxes, and a Wisconsin credit that is claimed on your state taxes. If you quality for the EIC and file your taxes, […]