Kimberley Palmer As a frequent PayPal user, I wasn’t surprised to see a payment request on the app pop up. But when I read it, I knew something was wrong. In the message, a stranger asked me to send them $699 in order to get a “refund.” While I instantly recognized the request as a … Read more
Sarah Rathner Between financially helping his parents and losing income as a result of the COVID-19 pandemic, Jeremy Mazza landed into serious credit card debt. Relief came from a source he wasn’t expecting: his partner, Ginna Lambert, who had come into a small inheritance. She suggested “investing” part of her bounty in their shared future … Read more
This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. After years of being in debt, Rachel Kramer Bussel came … Read more
We’ve all seen the email scams: “This is a genuine request.” “Your lendar has detected an unpaid sum.” “I’m a prince and I need your help.” Digital fraud has become highly sophisticated and, according to reports by the US Federal Bureau of Investigation, has risen by more than 100% since the COVID pandemic began. These … Read more
And even if you win a billion-dollar lottery, only a few states allow you to remain anonymous. You can’t even buy privacy, it seems. lake: Data from 235 million Twitter users reportedly exposed by hacker Big money = little privacy Let’s say you just won a bazillion-dollar lottery, and everyone has to know about it. … Read more
Last year the price of bitcoin plunged 64%. The price was down 19% from Nov. 1 through the end of the year. That action followed CoinDesk’s Nov. 2 report about the “unusually close” relationship between FTX and Alameda Research. Both companies were co-founded by Sam Bankman-Fried and FTX filed for bankruptcy on Nov. 11. But … Read more
The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. After years of being in debt, Rachel Kramer Bussel came to a realization: “If I don’t become proactive … Read more
Carrying a balance has always been costly, but it’s particularly expensive now. The average credit card interest rate in mid-December was 19.42%, the highest rate since 1992. As the Federal Reserve Board continues to raise short-term interest rates to throttle inflation, average rates could rise even higher, says Ted Rossman, credit card analyst for Bankrate.com, … Read more
Carrying a balance has always been costly, but it’s particularly expensive now. The average credit card interest rate in mid-December was 19.42%, the highest rate since 1992. As the Federal Reserve Board continues to raise short-term interest rates to throttle inflation, average rates could rise even higher, says Ted Rossman, credit card analyst for Bankrate.com, … Read more
Carrying a balance has always been costly, but it’s particularly expensive now. The average credit card interest rate in mid-December was 19.42%, the highest rate since 1992. As the Federal Reserve Board continues to raise short-term interest rates to throttle inflation, average rates could rise even higher, says Ted Rossman, credit card analyst for Bankrate.com, … Read more