WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) recently announced a settlement with Student CU Connect CUSO, LLC (CUSO), a company set up to hold and manage private loans for students at ITT Technical Institute. The Bureau filed a complaint and a proposed stipulated judgment in federal district court for the Southern District of …
The popularity of video streaming services has taken off in the past few years. It’s become easier to stream video through smart TVs, streaming boxes that connect to your not-so-smart TV, and even streaming sticks. These devices let you stream video through popular apps like Hulu, Netflix, SlingTV, Amazon Prime Video, and YouTube TV. Unfortunately, …
Have your finances been rocked by the coronavirus? Your credit card issuer might be willing to offer a helping hand, but you’ll likely have to ask for it. As America and the rest of the world wrestle with the COVID-19 pandemic, more daily lives are being upended. Lockdowns, self-quarantines and other drastic measures to stop …
Scammers are experts at shifting tactics and changing their messages to catch you off guard. This is especially true as they take advantage of anxieties related to the Coronavirus. Here’s a quick alert about some current government imposter scams using COVID-19 that are popping up on our radar. Medicare scams Scammers might call to offer …
Have you been laid off due to the Coronavirus? Or maybe your small business shut down? Today, the FTC kicks off a series of blogs with tips about handling the financial impact of the Coronavirus. These days, many people start by looking for ways to make money working from home. If you’re eyeing a work-at-home …
Are you worried that you won’t be able to make your next car payment because you’ve lost your job or income because of the Coronavirus? Or 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 …
If you’re a regular reader of this blog — or of the news, you know that scammers are out in force, taking advantage of all aspects of the Coronavirus pandemic. We’ve spotted plenty of bogus cures and treatments, but many of you have told the FTC about straight-up scams, like texts/emails/calls from a “government agency” …
Because of the Coronavirus, many people are facing financial challenges, especially paying their mortgage. If you’re unable to make your mortgage payments, you could lose your home to foreclosure. Federal lenders and some private lenders are offering borrowers temporary help, like stopping or delaying foreclosure or modifying the mortgage. But these measures don’t apply to …
You may be sitting at home across American wondering what will happen to you economically from the coronavirus pandemic. When will it get back to normal? Will I lose my job? Should I sell my stock in my 401k? How do I payoff my debt? Should I back out of a large purchase? You are …
The novel coronavirus has been a crash course for many people on washing their hands — properly. But the devices we carry in our hands may also need cleaning as well. In particular, our smartphones could use some attention as often as our hands, since we check them 96 times a day, according to 2019 …
