Month: May 2025
Publishers Clearing House Sends Refund Checks to Eligible Customers
- May 29, 2025
Refund checks totaling more than $18 million are in the mail to more than 281,724 Publishers Clearing House (PCH) customers eligible for a refund due to an FTC action.Source: https://consumer.ftc.gov/consumer-alerts/2025/04/refund-checks-are-mail-eligible-publishers-clearing-house-customers#:~:text=Only%20people%20who%20got%20and,t%20find%20the%20answer%20there....
Read moreCredit Industry Buzzwords
- May 22, 2025
Navigating the various strategies often feels like wading through a sea of acronyms and buzzwords. To help clarify the confusion, we’ve compiled a glossary of key terms, definitions, and examples.Source: https://www.insidearm.com/news/00093256-breaking-down-buzzwords-understanding-dig/?vgo_ee=lGGHut2w5Rhd%2BxKVajWTUsZcTxXraw9OzsKDhIvoj%2BnzR8RHDfvDZjQ%3D%3AlCf6MFN3OtxZzQ3%2F6KWRjbW2U%2BhgdJKw...
Read moreBanks Keep Credit Card Fees High
- May 15, 2025
Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the industry.Source: https://www.cnbc.com/2025/05/07/credit-card-aprs-banks-keep-high-rates-inspired-by-now-dead-cfpb-rule.html...
Read moreStudent Loan Collections to begin May 5th
- May 01, 2025
The U.S. Department of Education announced its Office of Federal Student Aid (FSA) will resume collections of its defaulted federal student loan portfolio on Monday, May 5th. The Department has not collected on defaulted loans since March 2020.Source: https://www.ed.gov/about/news/press-release/us-department-of-education-begin-federal-student-loan-collections-other-actions-help-borrowers-get-back-repayment...
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