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Money & Credit

This “game” is a chain letter scam

Are you tempted to play “The Circle Game,” join a “Blessing Loom,” or jump on a “Money Board”? These are some of the names for an online scam that’s making the rounds at a time when millions of people are out of work and scraping for cash. It promises a big return for a modest investment. Don’t fall for it. You’re virtually guaranteed to lose your money, or pull in friends and family who will lose theirs.

Finding a furry friend in the era of COVID-19

If you’ve been thinking about adding a pet to your family, now may be a good time. In addition to pets offering unconditional love, companionship, and amusement, studies have shown that the bond between people and their pets has health benefits. Regular walking or playing with pets can decrease blood pressure, cholesterol levels and triglyceride levels.

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Money & Credit

Credit reports are now free, every week

If you’re feeling anxious about your financial health during these uncertain times, you’re not alone. That’s why the three national credit reporting agencies are giving people weekly access to monitor their credit report — for free.

Did a nursing home or assisted living facility take your stimulus check?

Do you or a loved one live in a nursing home or assisted living facility? Are you (or they) on Medicaid? If you said “yes” to both, please read on and prepare to get mad. We’ve been hearing that some facilities are trying to take the stimulus payments intended for their residents on Medicaid. Then they’re requiring those people to sign over those funds to the facility. Why? Well, they’re claiming that, because the person is on Medicaid, the facility gets to keep the stimulus payment.

Fighting Coronavirus scams: taking stock

Since the beginning of the COVID-19 crisis, the FTC has released dozens of warning letters against people trying to make an illegal buck off the Coronavirus. More than a month in, it seems like a good time to look back at what’s happened. If you follow this blog, you’ll know these have been busy weeks – with advice about spotting the many scams we’re all facing, news of the warning letters sent on a wide range of scams, and some enforcement actions filed.

Make your Coronavirus donations count

The Coronavirus crisis has brought out the best and worst of human nature. The best: charities across the country are stepping up and many people are donating what they can. The worst: opportunistic scammers are using fake appeals or sham charities to swindle donations from good-hearted people. No one wants their Coronavirus donation to go to a scammer.

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Money & Credit

Did an ID thief steal your stimulus payment? Report it to us.

Do you think your economic impact payment has landed in the hands of an identity thief? You can report it to the FTC and the IRS at the same time. Here’s what to do.

Coronavirus and your student loan debt

If you have student loan debt, you’ve probably heard that the new Coronavirus Aid, Relief, and Economic Security (CARES) Act gives 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 program is open from March 13th through September 30, 2020.

COVID-19 ruined my travel plans. Now what?

If COVID-19 canceled your travel plans, you are likely disappointed and wondering about refunds, credits, or vouchers for plane tickets, cruise bookings, tours, and more. Even if your scheduled travel is months away, you might be weighing your options. And many travel service providers seem to be working to address concerns about upcoming trips.

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Money & Credit

Scammers offer facemasks but don’t deliver

Since the beginning of March, dozens of people, including healthcare workers, have told the FTC they paid online stores for facemasks and toilet paper but didn’t get anything.

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Money & Credit

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