Holiday shoppers warned to watch out for customer service scams, PlayStation bargains, and impostor web sites as they buy gifts online.
Author: Susan Tompor, Detroit Free Press
Credit card balances drop, giving room for holidays. Here are ways to pay
Average credit card balances for consumers dropped about 10.5% to $5,075 in July through September, according to the latest data from TransUnion.
Uncertain outcome of Trump vs. Biden presidential election puts 401(k) savers on edge
Investors warned to prepare for volatile days for their 401(k) plans as the presidential election battle continues.
Social media scams skyrocket during the COVID-19 crisis
The FTC has a new web site for fraud complaints, as social media scams trend higher in COVID-19 pandemic. Scammers know we’re shopping more online.
Banks look to new accounts to attract the unbanked as COVID-19 takes a toll
Roughly 7.1 million homes — or 5.4% of U.S. households — do not have checking or savings accounts, says a survey released Monday by bank regulators.
Trump keeps calling $750 tax payment a ‘filing fee.’ Experts say there’s no such thing
President Donald Trump keeps bringing up what he calls a $750 filing fee for his federal income tax returns. What’s that all about?
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Watch for these scams
College borrowers aren’t always seeing COVID-19 relief. Here’s why
Student loan borrowers are warned to check credit reports to see if they’re being dinged for lack of payments. Complex rules have consumers confused.
Gold, silver schemes play up fears of conservatives, elderly to drain savings, regulators say
Precious metals dealers allegedly defrauded 1,600 people and convinced them to invest $185 million into silver and gold bullion, regulators charged.
If you still haven’t gotten a stimulus check, remember an Oct. 15 deadline is coming up
The IRS has sent letters to roughly 9 million people who have not yet gotten stimulus checks. An Oct. 15 deadline looms to claim money before 2021.