CFPB: Thinking About When You’ll Claim Social Security Benefits Is Time Well Spent
How much will you receive from Social Security when you claim your retirement benefits? If you don’t know, you’re not alone. According to a recent study , one in five people are guessing how much their Social Security retirement benefit will be each month. As it turns out, your prediction might be off by quite…
ABA: What You Need to Know About the Grandparent Scam
WASHINGTON — According to the Federal Trade Commission, the agency received more than 400,000 complaints in 2016 from consumers reporting they were victims of impersonation scams. One of the most common is called the “Grandparent Scam,” which uses impersonation tactics to deliberately target and exploit older Americans. To commit this crime, fraudsters call claiming to…
ABA: 6 Financial Tips for Service Members and Their Families
WASHINGTON — As National Military Appreciation Month begins, we are reminded of the many sacrifices that service members and their families make to protect our nation. In honor of their service, the American Bankers Association has highlighted six financial tips to help military families reduce the stress of managing money. “Finances are often identified by…
CFPB: Thinking About When You’ll Claim Social Security Benefits Is Time Well Spent
How much will you receive from Social Security when you claim your retirement benefits? If you don’t know, you’re not alone. According to a recent study , one in five people are guessing how much their Social Security retirement benefit will be each month. As it turns out, your prediction might be off by quite…
ABA: 7 Tips Millennials Can Bank On
WASHINGTON — As millennials face unprecedented financial burdens such as student debt, the American Bankers Association is highlighting seven money tips to help them plan for a financially sound future. “With student debt and high housing costs creating challenges for many millennials, now is a better time than ever for them to map out their…
ABA: 6 Tips for Spring Cleaning Your Finances
WASHINGTON — As spring cleaning season begins, the American Bankers Association is encouraging consumers to put a priority on organizing their finances. ABA has highlighted six tips for getting your financial house in order. “With the tax season ending, spring is a great time to take a close look at your budget and bank account,”…
ABA: 8 Way to Stop an Identity Thief
National Consumer Protection Week is March 5-11 WASHINGTON — More than 15.4 million Americans were victims of identity fraud last year, according to Javelin Strategy & Research. In recognition of National Consumer Protection Week, March 5-11, the American Bankers Association is offering eight tips to help consumers protect their information and avoid becoming a victim….
CFPB: Check Out New List to See if Your Credit Card Offers you Free Access to One of Your Credit Scores
Take a first step toward learning more about your credit history by checking your credit scores and credit reports. Today we released a list of several companies that told us they offer existing credit card customers free access to one of their credit scores. Until recently, consumers couldn’t easily access their credit scores and often had to…
CFPB: How to Deal with “Bad Credit” – or No Credit – When You Want to Buy a Home
Buying a home is exciting. It’s also one of the most important financial decisions you’ll make. Choosing a mortgage to pay for your new home is just as important as choosing the right home. You have the right to control the process. Check out our other blogs on homebuying topics, and join the conversation on Facebook…
CFPB: Managing Your Spending to Achieve Your Goals
Getting feedback on spending can help you keep your spending in check. Have you ever lost track of how much money you spent during the week, and ended up spending more than you meant to? If you’re having trouble sticking to a budget or saving money, you are not alone. According to consumer marketing research,…