Here are tips on how to dodge some of the most devastating schemes and what to do if you or someone you care about becomes ensnared.
Category: Personal Finances
-
What to Know About Online Paycheck Advances and Why They Face Scrutiny
The Consumer Financial Protection Bureau has proposed a rule that would treat the offerings as loans, requiring the providers to disclose their charges as interest rates.
-
When the Stock Market Drops, Stay Calm and Do Nothing
There is no reason to think that you can predict what will happen in the markets in the next few hours or in the near future. It’s better not to try.
-
A Mortgage Alternative for Lower-Priced Homes Comes With Risks
Seller-financed loans known as “land contracts” don’t involve a bank and lack the consumer protections available with traditional home loans.
-
Why You Should Be Taking a Hard Look at Your Investments Right Now
After big gains in stocks and mediocre returns for bonds, investors are taking on undue risk if they don’t rebalance their holdings, our columnist says.
-
Scammers Are Targeting Older Americans and Their Retirement Savings
Criminals on the internet are increasingly going after Americans over the age of 60 because they are viewed as having the largest piles of savings.
-
The Top 3 Mistakes To Avoid With Your 401(k)
Here is what experts say are the costliest stumbles people make with their retirement savings accounts — and how to get back on course.
-
Chase to Bar Customers From Using Credit Cards for ‘Pay Later’ Loans
Financial regulators and consumer advocates frown upon using credit cards to pay off installment loans because of the risk that consumers will dig themselves further into debt.
-
Let the Pros Play With the ‘Trump (or Harris) Trade’
Market sectors sometimes move when the political winds shift, but trading is hazardous for your financial health, our columnist says.
-
Why Paper Checks Refuse to Die
It’s hard to avoid hassle — or fraud — when you’re required to pay with paper and ink. Here’s why checks persist and why some people don’t mind.
-
Some Seniors Readily Step Back. Some Never Will.
Researchers are only beginning to understand why some people embrace retirement while others won’t even consider it.
-
Biden Administration Pauses Student Loan Payments for Millions
Eight million borrowers enrolled in the repayment plan known as SAVE will be placed in an interest-free forbearance while the administration deals with legal issues.