You hate to let a temporary financial setback impact your good standing with your creditors and lower your credit score for years to come. If you find that money is tight and you won’t be able to keep up with bills, take action right away. Not all creditors will accept payment plans, but they’ll be […]
Sometimes people lose income due to having an illness or accident that has lasting effects. This section provides information and resources to explore for Social Security disability benefits or supplemental income. Social Security Disability Benefits To qualify for Social Security disability benefits, a person must first have worked in jobs covered by Social Security. See […]
There are steps you can take to get a handle on your finances – and your financial stress. The very first step is to figure out if your income covers all of your current expenses. An increase in expenses or a drop in income usually means a change in lifestyle. The sooner you look at […]
Sometimes a household’s income drops suddenly because of a job layoff, an illness or death, or a divorce. It’s natural to feel shocked or panicked or to want to ignore the situation. Whatever the cause, the best thing you can do is to figure out if your new income covers all of your current expenses. […]
We often hear that people are “resilient.” They manage to not only get through tough times but end up actually stronger than they were before their troubles began. While it may sound a little trite, research actually has found that individuals and families can indeed be resilient. When confronting stressful challenges, many do have the […]
Talking with Your Family about Financial Difficulties A drop in income, whether it’s due to being laid off from a job, a drop in hours, or a decrease in income from investments is a scary and unsettling situation for both adults and children. It is important to talk through the situation with family members as […]
When Your Monthly Budget Needs a Tune Up Whether it’s due to a drop in income, a big unexpected expense, or the cost of everyday living overtaking your paycheck, there are steps you can take to get a handle on your finances – and your financial stress. The very first step is to figure out […]
When Your Income Drops Sometimes a household’s income drops suddenly because of a job layoff, an illness or death, or a divorce. It’s natural to feel shocked or panicked or to want to ignore the situation. Whatever the cause, the best thing you can do is to figure out if your new income covers all […]
This article includes websites that offer more information about your credit report and related items, how to dispute errors in your credit report, and where to get help if you have fallen behind on payments or experienced other difficulties.
Beginning in 2018, security freezes are free in Wisconsin. You can find more information about security freezes in the UW-Madison Division of Extension Credit Report Freeze fact sheet. If you believe you are the victim of identity theft, visit the Federal Trade Commission’s identity theft website, which lists the steps you need to take. The […]
Each time you or somebody else requests a copy of your credit file, the request is recorded on your credit report as an “inquiry.” Inquiries are listed on your free credit report.
