Beware of Sales, Including Black Friday

Shoppers love sales, especially the annual Black Friday blow-outs. But are they really what they seem? Despite all the advertising, hype and hoopla, evidence suggests consumers should take a careful look before whipping out their credit cards. A recent study by the British consumer organization Which? found that only one in seven (14%) of the […]

Tax Filing Websites Have Been Sending Users’ Financial Information to Facebook

The Markup found services including TaxAct, TaxSlayer, and H&R Block sending sensitive data By: Simon Fondrie-Teitler, Angie Waller, and Colin Lecher Major tax filing services such as H&R Block, TaxAct, and TaxSlayer have been quietly transmitting sensitive financial information to Facebook when Americans file their taxes online, The Markup has learned.  The data, sent through […]

So, You Think You Can’t Afford a Home?

Priced out of homeownership but tired of renting? The rent-to-buy hybrid is getting a new lease on life. Had a look at housing prices lately? Yes, we’ve seen the news headlines announcing a drop in housing prices, but they’re still historically high: on average $348,079 in the US at the beginning of 2022, an increase […]

Follow These Tips to Avoid Being Abused on Black Friday

Spanish version Black Friday is the day after Thanksgiving, which marks the beginning of the holiday shopping season. On this day, stores offer deep discounts on products to attract customers. The name comes from the activities that stores and stores deploy by opening their operations at midnight on the Thursday (or sometimes later) before Thanksgiving […]

LOS FUNERALES DE GOFUNDME NO SIEMPRE SON LA SOLUCIÓN

Los funerales solían ser un asunto familiar, pero con el aumento del precio de un funeral completo y las finanzas de muchos consumidores estancadas en un punto muerto, se está llegando a un punto en el que muchas familias tienen dificultades para conseguir el dinero para financiar un funeral cuando muere un ser querido. Cada […]

GoFundMe Funerals Not Always the Answer

Funerals used to be a family affair but with the price of a full-scale funeral rising and the finances of many consumers stuck in neutral, it’s getting so that many families have a hard time coming up with the money to finance a funeral when a loved one dies. Increasingly, they’re turning to strangers for […]

¿QUIERES HACER TUS OPERACIONES BANCARIAS EN WALMART?

¿Quiere hacer sus operaciones bancarias en Walmart? Puede que pronto sea posible. La mega cadena minorista está trabajando para ofrecer cuentas corrientes y otros servicios financieros a sus empleados y clientes.

Feds Hope to Rein In Junk Fees

Processing fees, environmental clean-up fees, restocking fees and fee creation fees — there’s no end to the “junk fees” that American businesses impose on customers, and the Federal Trade Commission thinks consumers have had just about enough. “It’s beyond frustrating to end up spending more than you budgeted because of random, arbitrary fees,” said FTC […]

Colleges Offer Substandard Financial Services to Students, Report Finds

Many colleges offer financial services to their students that carry “junk fees” and terms that are no better, or even worse, than terms available on the open market, according a report released today by the Consumer Financial Protection Bureau (CFPB). “Many college students trust that schools have their best interests in mind. While colleges have […]

MoneyLion Charged Military Members Excessive Interest, Feds Charge

The Consumer Financial Protection Bureau (CFPB) is suing MoneyLion Technologies, an online lender, and 38 of its subsidiaries, alleging that it imposed illegal and excessive charges on armed service members and their dependents. “MoneyLion targeted military families by illegally extracting fees and making it difficult to cancel monthly subscriptions,” said CFPB Director Rohit Chopra. “Companies […]

Regions Bank Penalized for Surprise Overdraft Fees

Regions Bank is being ordered to return at least $141 million to customers harmed by its surprise overdraft fees. It will have to pay another $50 million into the Consumer Financial Protection Bureau’s victims relief fund. The CFPB said that from August 2018 through July 2021, Regions charged customers surprise overdraft fees on certain ATM […]

Forced Arbitration Clauses Must Go, Consumer Groups Tell Feds

Over 100 consumer, civil rights, and labor groups are demanding action on the issue of forced arbitration clauses — the sneaky language commonly buried in financial service contracts to block customers from suing when they are cheated or defrauded by big banks. During the Trump administration, Congress blocked a rule issued by the Consumer Financial […]

Buy Now, Pay Later Plans Grow, So Do Late Fees

Buy Now, Pay Later is sometimes described as credit without the credit card.\It normally does not charge interest but late fees can add up fast and a study finds that late fees are becoming more common.

Want to do Your Banking at Walmart?

It may soon be possible to do your banking at Walmart. The mega retail chain is working towards offering checking accounts and other financial services to its employees and customers.

California Sues Amazon for Anticompetitive Practices

California has become the second state to sue Amazon, charging it with anticompetitive practices, saying it creates creating artificial pricing floors by barring sellers from offering their goods cheaper on other platforms.

Inflation Fighting: Good Enough is Pretty Great

Sir Thomas Malory was writing back in the 1400s, long before brands emerged and took over everyone’s consciousness. But he was onto something with his “enough is as good as a feast” quote. It was true then and is still true today.

Fighting Inflation: Frugality Fundamentals

Maybe you’ll be rich someday. But let’s face it, you’re not there yet so here are some fundamental frugalities that can help you fight inflation now – and after you’re rich, for that matter.