In Washington state where I live, scammers have stolen hundreds of millions of dollars in employment benefits. The state, in a hurry to get payments to people needing funds during the pandemic, didn’t have adequate safeguards in place to stop crooks.
It’s Cybersecurity Awareness Month. Young people and parents need to be aware of online scams targeting minors. Just like adults, scammers target kids through online platforms, such as apps, games, and social networking websites.
A rule that denies loan relief to many students cheated by their schools is deeply flawed and should be overturned, consumer groups told a court Tuesday. The groups represent student borrowers in a lawsuit challenging the U.S. Department of Education’s new “partial relief” rule.
If you’re a college students, you’re probably not on campus. However, scammers are still trying to find you. You may have received an email saying it’s from the Financial Department of your college with a link to get a message about your economic stimulus check.
Santander Consumer USA Inc. agreed Tuesday to pay about $550 million or more to consumers nationwide to resolve charges that its subprime lending practices exposed them to high levels of risk with auto loans that had a high likelihood of default.
Seven in 10 people rely on peer-to-peer payment apps to transfer money in a quick and easy manner, according to an AARP survey. It also found that about half believe they’re able to reclaim money sent in error.
If you lose a loved one and need to arrange for funeral services in the coronavirus pandemic era, be sure to find out your rights as well as to compare prices. For example, rules may be changing for cremation and burial.
Progressive Leasing will pay $175 million to settle Federal Trade Commission charges it misled consumers about the price of items purchased through its plans. The company markets rent-to-own payment plans at more than 24,000 retail locations.
With the coronavirus spreading rapidly, government leaders and health care providers are frantically working to find gloves, masks, and ventilators. However, an investigation by ProPublica and others shows that suppliers are using the crisis to increase prices exorbitantly.
