You are here

Money & Credit

Join us for these NCPW events next week

National Consumer Protection Week (NCPW) 2021 is coming up next week, and we’d love for you to join us for some virtual events. NCPW is a time when the FTC joins with local, state, and national partners to bring you information and advice on scams, identity theft, and other consumer protection issues.

If you have federal student loans, read this

Just under a year ago, we told you that the U.S. Department of Education announced some flexibility to federal student loan borrowers. Understanding these options can help you make more informed decisions about paying your bills and prioritizing your debts. The benefits have been extended through September 30, 2021.

Coronavirus relief continues for housing and student loans

As the Coronavirus pandemic continues, so does its financial impact. For people who need help with rent or mortgage payments, or have student loans, there may be some good news about the federal relief response.

No new immigration relief yet

You might have seen that the President recently sent a new immigration bill to Congress. What does that mean for you if you’re a non-citizen in the United States? Right now, the truthful answer is likely nothing — at least not yet. But scammers won’t tell you that.

Blog Topics: 
Money & Credit

The top frauds of 2020

2020 was a tough year. Between the pandemic and the economic crisis, we all had our hands full. And scammers didn’t take any time off either — 2020 was a busy year for fraud. In 2020, the FTC got more than 2.2 million reports about fraud, with people telling us they lost nearly $3.3 billion.

Identity Theft Awareness Week starts today

In 2020, the FTC got about 1.4 million reports of identity theft, double the number from 2019. Repeatedly, identity thieves targeted government funds earmarked to help people hard hit financially by the pandemic. Join us for Identity Theft Awareness Week, February 1-5. Learn about protecting yourself from identity theft, and recovering if it happens to you.

The training program trap: deceptive financing

Have you ever thought about paying for a training program to learn how to invest in real estate or start an online business? These programs can be pricey — and some make false promises about helping people make money. In fact, the FTC has sued plenty of real estate investment training and online business coaching programs that have done exactly that, while charging people thousands — or even tens of thousands — for those programs.

FTC cases returned $483 million to people in 2020

You may know the FTC for its consumer information, and for taking action against shady companies that violate the law. But did you know the FTC returns millions of dollars to people because of those actions? Last year, the FTC's cases returned $483 million to people nationwide and in 64 countries.

Blog Topics: 
Money & Credit

Scammers cash in on COVID-19 vaccination confusion

With every passing day, the news on COVID-19 vaccine distribution seems to change. One reason is that distribution varies by state and territory. And scammers, always at the ready, are taking advantage of the confusion.

What to know about the second round of Economic Impact Payment (EIP) checks and cards

The US Department of the Treasury and the IRS are working hard to get a second round of Economic Impact Payments (EIP) to people. You might have already gotten your payment direct deposited into your bank account. That started on December 29th. You might have gotten a check in the mail. But, like last time, some people will get their payment in the mail on an EIP VISA debit card. Don’t be surprised if the way you get this second round of payments is different than the first time. Whichever way you get your payment, it’s all money the government wants you to have, and quickly. So: if you qualify for an Economic Impact Payment, look at your bank account for a direct deposit, keep an eye out for a check in the mail, or watch your mailbox carefully this month for an EIP Visa debit card.

Blog Topics: 
Money & Credit

Pages