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We've been sharing the U.S. Department of Education's flexibilities for federal student loan borrowers. Understanding these options can help you make more informed decisions about paying your bills and prioritizing your debts. The benefits have been extended. So, just to recap, what does this mean for you if you have a federal student loan? This program gives temporary payment relief to borrowers with qualifying federal student loans. But some...

Winter often brings the blues, but when it brings Arctic blasts, burst pipes, power outages, and even icicles indoors, scammers aren’t far behind with weather-related scams. Scammers know severe weather may have shut off your electricity, heat, and water and might pose as your utility company. They might call to say that they’re sorry your power went out and offer a reimbursement, but first they need your bank account information. They might...

As the Coronavirus pandemic continues, so does its financial impact. For people who need help with rent or mortgage payments, or have student loans, there may be some good news about the federal relief response. Renters — The temporary stop on evictions for certain renters now runs through March 31, 2021. The Centers for Disease Control and Prevention has information on who is eligible and the steps to take. Homeowners — If you’re struggling to...

Valentine's Day will be here soon so we're talking about romance scams. Lots of people have profiles on dating apps to meet someone — maybe even more so in these virtual times. And many people have built successful relationships from an online start. But what if, instead of finding a potential partner, you find a scam? Romance scams reached a record $304 million in losses reported to the FTC in 2020. That’s up about 50% from 2019. So how can you...

Using your own vehicle to deliver packages for Amazon and earn extra money. Sounds good, right? But has Amazon been keeping the tips its drivers are making when delivering for its Amazon Flex program? According to the complaint the FTC issued today, the answer is yes. In its app and numerous marketing materials, Amazon advertises that drivers can earn $18 to $25 per hour — plus 100% of customer tips. According to the FTC, during a two-and-a-half...

If you’re facing eviction for any reason, there are organizations out there who can help you. But there are also fake “organizations” and “charities” who can hurt you. COVID-19 has created an even greater opportunity for scammers to target people — people who are just trying to get help with paying their rent or taking care of other financial needs. Scammers may call, email, or text, saying you can get money for rent. Or they may say they can get...

With every passing day, the news on COVID-19 vaccine distribution seems to change. One reason is that distribution varies by state and territory. And scammers, always at the ready, are taking advantage of the confusion. Besides a big dose of patience, here are some tips to help you avoid a vaccine-related scam, no matter where you live: Contact a trusted source for information. Check with state or local health departments to learn when and how to...

The US Department of the Treasury and the IRS are working hard to get a second round of Economic Impact Payments (EIP) to people. You might have already gotten your payment direct deposited into your bank account. That started on December 29th. You might have gotten a check in the mail. But, like last time, some people will get their payment in the mail on an EIP VISA debit card. Don’t be surprised if the way you get this second round of payments...

New health apps are popping up every day, promising to help you track your health conditions, count your calories, manage your medications, or predict your ovulation. These apps often ask for some of your most sensitive personal information, like your health history, medication list, or whether you have ever suffered a miscarriage. Some apps use that sensitive information only to give you services. But others may use it for their own research, to...

Congress has just passed another bill to help the people whose finances are taking a beating from the pandemic. Once again, some of us will be getting money by check or direct deposit. The timing and details are still TBA, but here’s what we know: The government won’t ask you to pay anything up front to get this money. Anyone who does is a scammer. The government won’t call, text, email, or contact you on social media to ask for your Social...