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Business & Lifestyle

Your mortgage and the impact by the coronavirus epidemic

Because of the coronavirus, many people are facing financial challenges, including paying their mortgage. If you’re unable to make your mortgage payments, a foreclosure could cause you to lose your home. Federal and some private lenders are offering borrowers temporary help. This includes stopping or delaying foreclosure or modifying the mortgage. However, these measures don’t apply to everyone. If you need help, research the options available to you for getting through these tough times. Learn about available Federally-backed mortgage relief […]

todayApril 17, 2020 5

Automotive News

Behind on car payments because of the coronavirus?

Are you worried that you won’t be able to make your next car payments because you’ve lost your job or income because of the coronavirus? Are you already behind on your payments? You’re not alone. Here’s what you can do: Contact your lender now Some banks, credit unions, and auto financing companies are letting people delay payments or renegotiate their payment schedules. If your lender agrees to any changes, make sure you have them in writing for later. Look into […]

todayApril 16, 2020 13

cable

Business & Lifestyle

Eight affordable alternatives to cable in 2019

How can I find my favorite TV show… tonight?  For those of us currently paying for a cable TV connection, the answer is simple: turn on the TV, scroll through the dozens of simultaneously available channels, and select the perfect show. Now, sit back, relax and try not to think about the cost of such a luxury. Of course, there might just be a better way to access those same shows for a fraction of the cost while gaining more […]

todayJuly 7, 2019 11

Social Security card

Business & Lifestyle

Social Security Administration imposters top IRS in consumer loss reports

Have you received calls about supposed problems with your Social Security number from callers pretending they’re with the Social Security Administration (SSA)? If so, you’re not alone. Our latest Data Spotlight finds that reports about SSA imposters are surging, while reports about IRS imposters have taken a dive. As the Spotlight puts it, “In the shady world of government imposters, the SSA scam may be the new IRS scam.” While reports of SSA imposters have swelled – nearly half of […]

todayMay 19, 2019 16

SoFi

Business & Lifestyle

Student loan servicer SoFi settles charges with FTC, agrees to end false claims about loan refinance savings

Online student loan refinancer SoFi has agreed to stop misrepresenting how much money student loan borrowers have saved or will save from refinancing their loans with the company, in order to settle Federal Trade Commission charges that it deceptively advertised inflated figures for more than two years. In a complaint against Social Finance, Inc. and subsidiary SoFi Lending Corp., the FTC alleged that since at least April 2016, they made prominent false statements about loan refinancing savings in television, print, […]

todayJanuary 21, 2019 5

phishing attacks

Business & Lifestyle

Spear phishing scammers want more from you

“I’m calling from [pick any bank]. Someone’s been using your debit card ending in 2345 at [pick any retailer]. I’ll need to verify your Social Security number — which ends in 8190, right? — and full debit card information so we can stop this unauthorized activity…” So the caller ID shows the name of your bank and the caller knows some of your personal details. Does that mean it’s legit? No. It’s a scam — and scammers are counting on […]

todayJanuary 18, 2019 7

Business & Lifestyle

GET OUT OF DEBT GUY: My dad is going to lose his military pension over my student loans

Question: Dear Steve, I just contacted a pro-bono legal service in my hometown to try to deal with Federal & private defaulted student debt but I wanted to reach out to you as well to get another perspective. My dad, a veteran, who co-signed, might lose his military pension if I can’t deal with this. I’m also out of work due to downsizing and I’m not particularly smart about money at all! Help! Holly Answer: Dear Holly, Federal student loans […]

todayJanuary 18, 2019 7

money finance business

Business & Lifestyle

GET OUT OF DEBT GUY: I’ve paid my roommate’s bills and my thanks comes in the form of death threats

Question: Dear Steve, I had a roommate who lived with me off and on for 10 years. During the time he lived with me, he asked me to loan him money for his small business. He was abusive at times and I felt like he was on drugs but could not prove it. He asked me to loan him money to pay for products for his business, all the while making the minimum payments on the cards. Eventually, the debt […]

todayJanuary 18, 2019 16

college test prep scams

Business & Lifestyle

College test prep scams are happening

Recently, we heard about scams targeting parents of high school students preparing for college. The scammers claim to be from The College Board – the organization responsible for the PSAT and SAT tests. They call or email you, asking for credit card numbers so they can send PSAT prep materials that the student has supposedly requested. Often the scammers have the student’s name, address and phone number – making them seem more believable. Except your student didn’t ask for materials, […]

todayJanuary 14, 2019 3

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