P2P payment apps like Venmo, Zelle, and Cash App are booming, but scams are rampant. One common trick exploits the delay in fund transfers—scammers use fake accounts to pay for goods and disappear before you realize it’s a scam. Venmo also shares transactions publicly by default, making users easy targets for identity theft. To stay safe, only send money to people you know, avoid using these apps for business, transfer funds out promptly, and enable two-factor authentication. Protect your money! Click to read more about how to stay safe when using P2P payment systems.
We live in a very app-driven world, and one of the latest scams involve third-party payment apps. You might download a payment app like Cash App or Zelle, only to find out it’s a lookalike and you’ve been looted. Or you might get a bogus notification of a large withdrawal about to be made from the target’s account which leads them into a scam. Be wary of any suspicious activity and never give out any personal info to unknown people on the phone. Read on to learn how to spot a scam and stay safe in the app world!
Do you know your credit score? Do you know how it’s calculated and what it means? Your score is determined by many factors. Basically, if you pay your bills on time, don’t overuse your credit and don’t ignore any delinquent accounts, your score will rise. Have a variety of credit and keep your older cards open. Your score affects just about everything, from insurance rates and employment to loan/mortgage rates and eligibility. Try to pay more than the minimum payment on your credit cards and look into a debt consolidation loan to get your balances down faster!
Click to learn more on credit scores and why they’re important to consumers.
Individual Americans spend hundreds of dollars a year and at least as many hours on keeping themselves physically fit — but too many people neglect their financial health. Just like physical health, being financially fit is crucial to your wellbeing, your future and your quality of life.
Read on to find out why being financially fit is so important and how you can overcome common barriers to achieving financial wellness.
Summer’s here and so is the possibility of high energy bills burning right through your budget. While it’s hot out, you can still keep your cool with our energy-saving tips!
Read on and follow these hacks to save on energy costs this summer.
Ahh…summer! The season of flip-flops and sunscreen, of lemonade and baseball games. What’s not to love about summer? Who’s thinking about financial fitness?
Nothing kills summer fun like a busted budget and a mountain of debt. So, how can you stay financially fit this summer when the temptation to overspend is especially strong during the summer?
Follow these tips to keep your finances intact throughout the summer.
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