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 moreThe 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...
Read moreFree weekly online credit reports are available from Equifax, Experian and TransUnion. Credit reports play an important role in your financial life and we encourage you to regularly check your credit history.Source: https://www.annualcreditreport.com/index.action...
Read moreThough the details might change, scams usually have some things in common. And knowing what they are can help you recognize — and then avoid — scams that come your way.Source: https://consumer.ftc.gov/consumer-alerts/2025/03/what-are-signs-scam...
Read moreAct now to report, prevent, and recover from tax-related identity theft.Source: https://www.irs.gov/identity-theft-fraud-scams/identity-theft-guide-for-individuals...
Read moreBBB Wise Giving Alliance has produced a list of BBB Accredited Charities that receive government funding.Source: https://give.org/news/helping-charities-impacted-by-government-funding-changes...
Read moreBe prepared against data loss and data theft. March 31st is the day to back up and better protect your dataSource: https://www.worldbackupday.com/en...
Read moreBeginning May 7, 2025, if you have not upgraded your driver’s license or state-issued ID to be REAL ID-compliant, you will not be able to use it to Board Federally Regulated Commercial aircraft or access federal government facilities or military installations.Source: https://www.usa.gov/real-id...
Read moreTax season is here and people have questions. Where to file? How to file? Can I file online? For free? For those answers, always start with the official IRS website at irs.gov.Source: https://consumer.ftc.gov/consumer-alerts/2025/02/tax-season-2025-where-find-help...
Read moreIf you’re filing your taxes online this year, watch for signs of tax identity theft, like someone using your Social Security number (SSN) to file and claim a tax refund. One way you’ll know is if the IRS rejects your tax return once you file....
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