Logo

News Tab

Tag : lorillia brown phillips

The Money Mentor: Are You Being Haunted by Old Debt?

Read More

By:  Lorillia Brown-Phillips, The Money Mentor, Your Black World Have you ever been issued a credit card that was charged off due to non payment?  Did you know that a charged off credit card balance is considered taxable ordinary income, according to the IRS.  Charged off credit card debt that is either canceled or forgiven may cause taxpayers to receive a 1099-C.  A 1099-C is a tax form issued to taxpayers…

Four Tips for Protecting your Finances Online on Cyber Monday

Four Tips for Protecting your Finances Online on Cyber Monday

Read More

    Cyber Monday has been called the most profitable online shopping day for retailers since 2005.    Online retailers have been rallying to get Black Friday shoppers to continue their shopping frenzy until Monday, with hopes that this year will be even more profitable.  But consumers who are planning to shop on Cyber Monday, to score big on sales for the holidays.  Here are 4 tips to consider when shopping…

The Money Mentor: Does Lil Wayne’s Prepaid Card Offer Value?

The Money Mentor: Does Lil Wayne’s Prepaid Card Offer Value?

Read More

    by:  Lorillia Brown-Phillips, The Money Mentor, Your Black World The Young Money Prepaid Discover® Credit Card, which launched in November 2011, is promoted as a card to serve the estimated 43 million Americans who are either unbanked or underbanked.  The prepaid credit card advertises on the website to include  features such as Billeo bill pay, direct deposit, spend analyzer, prescription discounts and shopping discounts in the form of…