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  • What you need to know if you were a MOBE customer

    We recently wrote about steps that the FTC took to stop MOBE, an internet business-coaching scheme that was promoting a bogus online business opportunity to retirees and veterans. We’ve gotten a lot of questions from MOBE customers...

    • Posted September 6, 2018
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  • Back to school: Protect your child’s information

    Many school forms require personal and sensitive information. Here are some tips for keeping your child’s personal information safe — from pre-school through college. Safeguard your child’s Social Security number (SSN). Don’t carry your child’s Social Security...

    • Posted September 5, 2018
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  • WARNO: New security clearance guidelines make it more important than ever for servicemembers to monitor their credit

    Situation: New security clearance rules The federal government recently implemented new security clearance guidelines that make it more important than ever for servicemembers to stay on top of their bills and monitor their credit histories.  Mission: Continuous...

    • Posted September 5, 2018
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  • More than 1-in-5 consumers had telecommunications-related collections on their consumer report in the past 5 years

    Today the Bureau of Consumer Financial Protection (Bureau) released its latest quarterly consumer credit trends report, which focuses on telecommunications-debt collection items. This report explores reporting of telecommunications-debt collections (telecom collections) to nationwide consumer reporting agencies. It...

    • Posted September 5, 2018
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  • Will You Throw Away $500 This Year?

    When you use disposable products, you’re literally throwing money away after each use. Keep that money in your pocket and some extra trash out of landfills by replacing these disposable products with reusable ones instead. Tissues –...

    • Posted September 4, 2018
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  • Avoid hurricane relief charity fraud

    Hurricane Lane is a Category 4 churning in the Pacific with an eye toward the Hawaiian islands. If you haven’t made storm preparations, now is the time. The FTC has information to help you prepare for, deal...

    • Posted September 4, 2018
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  • How to avoid a Bitcoin blackmail scam

    “I know about the secret you are keeping from your wife and everyone else. You can ignore this letter, or pay me a $8600 confidentiality fee in Bitcoin”. It’s enough to send shivers down anyone’s spine, but...

    • Posted September 3, 2018
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  • Selling your car? Clear your personal data first.

    Is a new car in your future? You might first have some unfinished business with your old one. While you’re cleaning out your personal items, think about the personal information stored in the car’s electronic system. Your...

    • Posted September 3, 2018
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  • Entertainment Industry Business Manager Convicted of Defrauding Celebrity Clients, Bankruptcy Fraud and Tax Charges

    A federal jury in Columbus, Ohio has convicted Kevin R. Foster, 42, of Montclair, NJ, of 16 charges related to a fraud scheme. He was found guilty of wire fraud, money laundering, bankruptcy fraud, tax evasion and...

    • Posted September 3, 2018
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  • School shopping can be a teachable moment

    As summer winds down, it’s time for back-to-school shopping. Here are some tips to help you save time and money. Get the teacher-approved list. Many teachers have lists of items they want their students to have. Take...

    • Posted August 31, 2018
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  • Royal Bank of Scotland Agrees to Pay $4.9 Billion for Financial Crisis-Era Misconduct

    The Justice Department announced today a $4.9 billion settlement with The Royal Bank of Scotland Group plc (RBS) resolving federal civil claims that RBS misled investors in the underwriting and issuing of residential mortgage-backed securities (RMBS) between...

    • Posted August 31, 2018
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  • Back to school? Time to talk online safety

    You probably have a list of things to get done before your kids get back to school. It may include getting school supplies, figuring out carpools, and scheduling afterschool programs. There’s one more thing we hope you...

    • Posted August 31, 2018
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  • Tips to Avoid Getting Mugged at the Gas Pump

    With the summer travel season in high gear, the FTC is warning drivers about skimming scams at the pump. Skimmers are illegal card readers attached to payment terminals. These card readers grab data off a credit or...

    • Posted August 29, 2018
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  • Scammers Impersonate Celebrities on Social Media

    Did your favorite celebrity reach out to you on social media? Before you get too excited, are you sure it’s that person? Really sure? We’ve heard reports that scammers, who will try just about anything to separate...

    • Posted August 29, 2018
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  • 5 Unfair Debt Collection Practices to Watch Out For

    5 Unfair Debt Collection Practices to Watch Out For, by Financial Rescue, LLC. When you stop making payments on your outstanding debts, your creditor will either assign your debt to a collection agency or sell it to...

    • Posted August 29, 2018
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  • What You Need to Know About a 401k Force Out

    One of the benefits of writing about personal finance is that, when I find myself in frustrating financial situations, I at least enjoy the silver lining of getting an article out of it. This is what I...

    • Posted August 28, 2018
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  • U.S. Department of Education Proposes Overhaul of Gainful Employment Regulations

    WASHINGTON—The U.S. Department of Education today announced a Notice of Proposed Rulemaking (NPRM) that proposes to rescind Gainful Employment (GE) regulations in order to provide useful, transparent higher education data to students and treat all institutions of...

    • Posted August 28, 2018
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  • Jobs vs. Careers

    It took me a long time in the employment market to realize that a job wasn’t the same thing as a career. People have jobs, and this changes every day as people are let go or move...

    • Posted August 28, 2018
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  • Promoter pitches “secrets” to big bucks on Amazon

    Online ads and in-person workshops for Sellers Playbook claim to offer “secrets” to making big money on Amazon. But like a lot of namedroppers, the truth doesn’t live up to the hype. That’s what the FTC and...

    • Posted August 24, 2018
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  • Budgeting 101

    Budgeting is a way of prioritizing your spending through careful planning and organizing. This planning process lays out where all of your money goes. There are several reasons why tracking and budgeting funds are vital to financial...

    • Posted August 24, 2018
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  • 7 Affordable Alternatives to Expensive Extracurricular Activities

    Extracurricular activities boost confidence, build self-esteem, and allow children to discover hidden talents and connect with kids who have similar interests. However, the most in-demand extracurriculars are often the most expensive. Fortunately, lower-cost sports offer the same...

    • Posted August 24, 2018
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  • What Happens to My Debts When I Die?

    The death of a loved one is always a difficult situation for anyone to go through. However, what many people do not understand is that the difficulties of losing a loved one can become financially hard beyond...

    • Posted August 23, 2018
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  • 4 Things I Learned About Rental Cars as a First Timer

    Apparently being 31 doesn’t mean you’re too old to hit some new auto-related milestones as, just this week, I booked my first ever rental car. Yes, despite having traveled numerous times both for business and pleasure, I’ve...

    • Posted August 22, 2018
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  • Government Imposter Scams

    You get a text, call, or email from someone who says they’re with the government. They may claim to be a U.S. Marshal, saying you must pay a fine for missing jury duty. Or the IRS, saying...

    • Posted August 22, 2018
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  • Debt Consolidation Helps Entrepreneur to Find Solid Ground

    When you see outstanding debts swallowing your business slow by slow, you might feel distraught and anxious. You might even feel your business suffering a lot and that might cause some issues later. All you need is...

    • Posted August 14, 2018
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  • Questions People Ask Before They Retire

    No matter how you look at it, retiring is a major change in your lifestyle. For many, it’s something that they’ve been looking forward to for years. Looking forward to retirement and being ready for it are...

    • Posted August 13, 2018
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  • Staying Away From Nanny and Caregiving Job Scams

    Finding a new job can be a challenge. Websites can help you find work, but scammers also use these sites to find people to rip off. Do you look for work on caregiver/nanny job sites? Sometimes scammers...

    • Posted August 13, 2018
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  • FTC Returns Money to People Targeted by Phony Debt Collection Scheme

    The Federal Trade Commission is mailing 597 checks totaling more than $184,000 to people who were allegedly tricked into paying phony debts. In October 2015, the FTC and the State of New York charged a group of...

    • Posted August 10, 2018
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  • FTC to Send Refund Checks to Uber Drivers as Part of FTC Settlement

    The Federal Trade Commission is mailing checks totaling $19,798,233 to drivers for Uber Technologies Inc., as part of a settlement with the Commission over allegations the ride-hailing company exaggerated the yearly and hourly income drivers could make in certain...

    • Posted August 9, 2018
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  • How Can You Still Eat Organic While Not Spending Huge?

    Who doesn’t like to eat organic food? Howbeit, what comes as an obstacle is the high price tag of such foods. It’s because of such an issue, we often end up thinking that organic food is just...

    • Posted August 8, 2018
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  • FTC and States Combat Fraudulent Charities That Falsely Claim to Help Veterans and Servicemembers

    The Federal Trade Commission, along with law enforcement officials and charity regulators from 70 offices in every state, the District of Columbia, American Samoa, Guam and Puerto Rico, announced more than 100 actions and a consumer education...

    • Posted August 8, 2018
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  • FTC Looks for Revised Used Car Buyers Guides

    The FTC’s Used Car Rule says that dealers have to display a Buyers Guide in every used car they have for sale, and give it to buyers after the sale. The FTC recently checked out how dealers...

    • Posted August 7, 2018
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  • Online Love Asking for Money? It’s a Scam.

    While plenty of successful relationships begin online, scammers also use online dating sites, apps, and chat rooms to trick you into sending them money. These imposters create fake profiles to build online relationships, and eventually convince people...

    • Posted August 7, 2018
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  • 5 Spending Compromises for Your Everyday Life

    Contrary to what some bloggers would have you believe, being frugal isn’t always easy. In fact, I’ve often found that the key to money success overall isn’t ruling out splurges entirely but to find compromises in your...

    • Posted August 6, 2018
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  • Scammers Create Fake Emergencies to Get Your Money

    “I lost my wallet and ID. I’m stranded — please wire money.” “Your grandson is being held in jail. He needs bail money right away.” Scammers try to trick you into thinking a loved one is in...

    • Posted August 6, 2018
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  • FTC Wins $5.2 Million Judgment against Defendants Who Tricked Consumers with Ads for Non-existent Rental Properties and ‘Free’ Credit Reports

    A federal judge has ordered Credit Bureau Center, LLC and its owner, Michael Brown, to pay more than $5.2 million to return to consumers, to resolve FTC charges that they deceived people with fake rental property ads...

    • Posted August 3, 2018
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  • The “Envelope System” in a Cashless Society

    My family has been trying to work with a budget for the past several months, but the “envelope” system is just not practical with our primarily cashless lifestyle. How can I track our cashless expenditures for gas,...

    • Posted August 3, 2018
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  • 5 Ways You’re Wasting Money When Traveling

    Traveling the world can be enlightening, enriching, thrilling, and treasured. However, one thing it rarely is is cheap. Part of conundrum can be attributed to the high costs of airline tickets and accommodations, while some of the...

    • Posted August 2, 2018
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  • FTC Sends Refund Checks Totaling More Than $214,000 to People Who Bought Deceptively Marketed Bed Bug Treatments

    The Federal Trade Commission is mailing 852 refund checks, totaling more than $214,000, to consumers nationwide who bought bed bug treatments that claimed to use cedar oil to stop and prevent bed bug infestations. Each check recipient...

    • Posted July 20, 2018
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  • Five Charged for Elder Fraud Schemes

    Five U.S. individuals were charged today and yesterday for their roles in three separate elder fraud schemes.  The schemes collectively defrauded tens of thousands of Americans, many of whom were elderly, out at least a hundred million...

    • Posted July 20, 2018
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  • Puerto Rico to Pilot New Student-Centered Funding System

    U.S. Secretary of Education Betsy DeVos announced that the Puerto Rico Department of Education (PRDE) will be the first to pilot new flexibility under the Every Student Succeeds Act (ESSA) to create a student-centered funding system. The...

    • Posted July 19, 2018
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  • California Company Settles FTC Charges Related to Privacy Shield Participation

    A California company has agreed to settle Federal Trade Commission allegations that it falsely claimed it was in the process of being certified as complying with the EU-U.S. Privacy Shield framework, which establishes a process to allow...

    • Posted July 19, 2018
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  • Can We Live on One Income?

    Dear Dollar Stretcher, I have been very interested in gathering information on living on one income. Although others have helped me with suggestions on saving and even investing, I still haven’t come across methods to calculate actual...

    • Posted July 18, 2018
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  • FTC Warns Consumers about Vacation Rental Scams

    With July 4th right around the corner, plenty of us are still running around trying to book a last-minute vacation rental. If that’s you, here’s what you need to know: scammers are ready with fake vacation rental...

    • Posted July 18, 2018
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  • New research report on student loan repayment and broader household borrowing

    Student loans make up an increasing share of the debt held by borrowers around the country, particularly for younger borrowers. Our previous research has shown that borrowers vary greatly in their ability to pay off their loans,...

    • Posted July 18, 2018
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  • 6 Smart Ways to Save Money When Dining Out

    Trying to make the thrifty choice in every situation of your life can be exhausting. Take for example the frugal decision to cook for yourself instead of eating out. While that’s a good plan to have the...

    • Posted July 11, 2018
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  • Home Staging Tips From the Experts

    Do you need to sell fast to save for your next house? According to Professional Staging, a whopping 81 percent of buyers agree that home staging makes it easier to visualize the property for sale as their...

    • Posted July 11, 2018
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  • Rest Home or Medical Alert System: The Better Use of Money

    The older you get, the more likely you’ll need someone to take care of you. This presents a slew of different challenges, even financial complications. You might ask yourself any number of questions: “Should I pay to...

    • Posted July 11, 2018
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  • What Credit Score Do I Need to Buy a House?

    When the time comes to buy a house, the first thing on your to-do list should be to obtain a copy of your credit report and credit score in order to get a clear picture of where...

    • Posted July 10, 2018
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  • The Reason Housing Confidence Is Hitting Record Highs

    As millennials begin reluctantly crossing the bridge from youth into adulthood, conversations about buying a home become more and more frequent. Concerns about the cost of rental fees and general living expenses –– especially in expensive metropolitan...

    • Posted July 10, 2018
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