WASHINGTON -- I was stunned. My family was watching a rerun of the "Teachers Tournament" on "Jeopardy." I got excited because I knew the correct response to this question: "This proposed federal rule would have required all retirement planning advisers to act in their clients' best interests."
But before I could get my answer out, my 21-year-...Read more
WASHINGTON -- As you get older, there is the tendency to start sentences with, "Back in my day ... "
What follows is a blast from the past on how certain things were done. But doing the right thing never gets old.
For example, when you receive a gift or someone does something extraordinary for you, the polite thing to do is send a thank you ...Read more
WASHINGTON -- This year's tax season was one of angst and anger.
Many folks were distraught that they owed the IRS money. Others were disappointed that their refunds were significantly less than in previous years.
Many people were not happy with the changes ushered in under the 2017 Tax Cuts and Jobs Act. Although the law nearly doubled the ...Read more
WASHINGTON -- Be mad. Without your consent, credit bureaus collect information about your personal finance history -- whether you pay your loans on time, how much debt you carry, etc. This is their business model, and it allows lenders to assess a customer's credit risk.
Then there was the 2017 hack at Equifax. The personal data of about 147 ...Read more
WASHINGTON -- It's been less than two weeks since the Equifax data-breach settlement was announced, and already at least two websites trying to scam information-seekers have been shut down.
And thus begins the effort to catch unscrupulous individuals looking to make a buck off the credit bureau's major data breach.
Let me say this now, because...Read more
WASHINGTON -- Another day, another major data breach. But there is one thing that you should do now to put up a serious roadblock for identity thieves.
Before I get into this strategy, here's a recap of the past week.
Capital One Financial Corp. disclosed Monday that a hacker was able to access the personal information -- names, addresses, ...Read more
WASHINGTON -- In the last few months, I have been hit several times by scammers. Someone hacked my online Target account and ordered an expensive camera that I had to return. In a matter of seconds, crooks spent $200 on my credit card before I could freeze it. I also had to cancel a premium delivery service offered by UPS that an identity thief ...Read more
WASHINGTON -- You got the degree -- or didn't -- and now you have so much debt that you're looking for help to reduce your student loan payments.
You are a con artist's dream. You are so desperate for debt relief that you believe promoters who promise the impossible -- fast loan forgiveness.
But instead of renegotiated payment plans, the ...Read more