Four Money Tips for Young Professionals

It’s exciting to live in the Washington metropolitan area as a young professional. There are plenty of social activities in the city, and nature hikes are close by. I just enjoyed tubing and hiking last weekend with my Ultimate Frisbee friends at Harpers Ferry – loads of fun! As we enjoy life, it’s also good to take care of our finances. We’ll be able to squeeze more out of our money, and help us live in financial freedom. Here are four tips to be on the right track: Take care of your credit score Credit bureaus assign all of us a number between 300 and 850. This indicates the likelihood that we will pay back a loan. The average credit score in the DMV area is around 670, just above subpri

Protect Yourself from Latest Equifax Breach

Yesterday, Equifax revealed that sensitive information such as Social Security numbers of 143 million customers were stolen through a cyberattack. That's close to half the U.S. population. Equifax is one of the three major credit reporting agencies. Here are four things we can do to mitigate potential damage to our credit: 1) Enroll in Equifax's free credit protection service by November 21. It will become active in a few days, and the site will likely alert us if someone is trying to get credit on our behalf. 2) Place security freezes at Equifax, Experian and TransUnion. This will lock down your credit files, so that only companies that you currently do business with can see them. A thief w

Recent Posts
Archive
© DCM All Rights Reserved.