Edfinancial Services, a student-loan servicer, is being sanctioned for making deceptive statements to student loan borrowers and misrepresenting the forgiveness and repayment options to them. Edfinancial deceived borrowers with Federal Family Education Loan Program or FFELP loans about their eligibility.
Equifax, Experian, and TransUnion, the three major credit bureaus, are changing how they’ll treat the reporting of medical debt. Nearly 70 percent of it in collections will be removed from credit reports. Paid medical debt will be erased and any new medical debt won’t be included in credit reports for a year.
Consumers need to accurately declare and pay taxes on their virtual investments. Failure to properly declare and pay taxes on cryptocurrency transactions may be a civil or criminal violation of federal tax law, as well as a violation of state tax law, which could result in steep financial liabilities
Due to the war in Ukraine, consumers in the United States could experience impacts. They should be on the lookout for potential price gouging of fuel and other goods and services. And consumers should be aware that there may be cyberattacks.
Parents probably know this, but if they don’t, they should. Kids are learning and mimicking machines. It starts at birth. Once they arrive, they look and listen – to just about everything. They begin absorbing and recording what they see and hear.
The Super Bowl ads for 2022 were mostly disappointing. Although a few had a good message, the overall feel of the game show was dystopian. A QR code drifting across the screen, ads for apps and betting websites I’d never heard of, and supposedly clever ads featuring stars from TV series I’ve never seen.
California is investigating some businesses operating loyalty programs and notices have been sent out alleging they aren’t complying with consumer laws. Businesses that offer discounts or free items in exchange for personal information in California are required to provide a notice of financial incentive.
A record share of American workers are quitting their jobs, thanks in part to a strong economy and a labor shortage. That means there are a lot of people looking for new jobs. How do workers go about finding a new, great job?
In 2021, Congress expanded tax benefits and made other advanced payments in response to the covid-19 pandemic and the resulting financial impact. This may increase the amount of money you’ll receive through your tax refund. You also may be eligible to access other benefits when you file a tax return.
