Consumers lost $5.8 billion to fraud last year — up 70% over 2020

Shoppers misplaced $5.8 billion to fraud final 12 months — up 70% over 2020

krisanapong detraphiphat | Second | Getty Photographs American shoppers reported shedding greater than $5.8 billion to fraud final 12 months, up from $3.4 billion in 2020 (a rise of greater than 70%), the Federal Commerce Fee said Tuesday. Nearly 2.8 million shoppers filed a fraud report back to the company in 2021 — the very […]

Student loan scams increase when payments are paused. What to know

Student loan scams increase when payments are paused. What to know

Kirby Hamilton | Getty Photographs The Biden administration in December once more prolonged the moratorium on scholar mortgage funds and curiosity, that means most individuals with federal loans are off the hook till Could 1. Within the meantime, nonetheless, confusion in regards to the pause, continued requires broad-based forgiveness and modifications to different points of […]