Although check usage has declined in the last couple of decades, check fraud has risen sharply, creating a problem for banks — and customers trying to pay their bills.
Category: Personal Finances
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How Stolen Checks Are Sold and Bought Online
One reason this fraud is rampant: Open forums where anyone can buy checks that thieves have taken from the mail.
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Quiz: Would You Close This Bartender’s Bank Account?
Here’s what bank security employees might be thinking when deciding whether to shut down a customer account after detecting unusual activity.
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Tips for Avoiding Surprise Bills From Electronic Toll Roads
Cashless tolls have reduced traffic jams, but they can also lead to hefty bills for out-of-state drivers. One piece of advice: Promptly pay the bill you get in the mail.
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Higher Rates Can Help Retirees but Stocks Outpace Inflation
Investors who want to lock in safe income may be hurt over the long haul if they don’t also hold stocks, our columnist says.
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Never Rely on a Man’s Money
Divorce was a shock that led me to a new vow: financial independence.
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The 60/40 Portfolio Is Alive and Well
The storm over the so-called 60/40 investment portfolio misses the point, our columnist says. The key issue is diversifying your portfolio, and that is as important as ever.
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More States Now Require Financial Literacy Classes in High Schools
The surge in offerings is a response to the pandemic, which revealed glaring income inequality, as well as inflation and the resumption of student loan payments, an expert said.
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How to Have an Affordable Divorce
There are ways to reduce the stress and expense of ending a marriage, but they require both parties to want to end the relationship civilly.
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In the Stock Market, Don’t Buy and Sell. Just Hold.
There’s new evidence that market timing doesn’t work. Your odds of success are better if you just hang on and aim for average returns, our columnist says.
