consumers

Hackers Go Upscale, Infiltrate Neiman Marcus Accounts

Posted on 01/13/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsHackers have gone from low-end to high-end retail, as luxury merchant Neiman Marcus became the latest to announce that it’s a victim of a data breach. This comes on the heels of a disclosure last month by Minneapolis-based discounter Target, which reported hackers gained access to payment card data on about 40 million credit and debit accounts between Nov. 27 and Dec. 15.  On Friday, Target updated its breach investigation, saying the names, mailing addresses, email addresses and phone numbers …

Buy a car for $99 a month? Check the fine print.

Posted on 01/10/2014 by |Senior Editor, Money Team | Comments

Money & SavingsIf you don’t believe the ultra-low price or attractive finance terms in an advertisement for a new car, your instincts may be right. Some dealers run deceptive ads to lure consumers into their showrooms and then never deliver on their promises, according to a federal regulator. In a nationwide sweep targeting 10 auto dealers, nine of them agreed to settle charges filed by the Federal Trade Commission. The agency’s order prohibits the dealers from misrepresenting the terms of a sale, …

Black Friday Trends and Tips

Posted on 11/25/2013 by |The Ultimate Cheapskate | Comments

Money & SavingsBlack Friday, the day after Thanksgiving and the traditional start of the holiday shopping season, seems to be starting earlier every year. First we saw stores opening to hordes of shoppers at 4 a.m. Friday, then at 3 a.m., a few years back. Now some big-box retailers aren’t even waiting that long. They’re opening their doors on Thanksgiving Day this year, hoping families will eat and run to the nearest mall. >> Sign up for the AARP Money newsletter So what …

Rent to Own? It Could Cost You Big Time

Posted on 11/14/2013 by |Money and Work | Comments

Bulletin Today | Money & SavingsAs the holiday shopping season gets under way, you may be tempted to buy that fancy flat-screen TV, a laptop with the latest technologies or a stylish sofa to replace the one your cat uses as a scratching post. (I’m talking to you, Indy). To pay for that big-ticket item, you may be tempted by rent-to-own deals in department stores that now offer them, like Kmart and Sears, according to a Bloomberg report. , rent-to-own deals usually take advantage of …

Holiday Shopping: Will You Spend Less?

Posted on 11/12/2013 by |The Ultimate Cheapskate | Comments

Money & SavingsThis could very well be the year when the Grinch steals Christmas, at least in terms of the gift-giving intentions of some adults. According to a new poll from the personal finance website GoBankingRates.com, 40 percent of some 1,500 survey respondents say they won’t be buying any holiday gifts this year. Blame the economy and the shaky finances of many Americans. The holidays only add to their stress and here’s why: 63 percent of those polled admit they haven’t set …

Stay Safe in the Health Insurance Marketplaces

Posted on 09/20/2013 by |AARP Executive Vice President | Comments

PoliticsThis week, the Obama administration announced a comprehensive, interagency initiative to fight fraud, prevent privacy violations, and protect consumers in the Health Insurance Marketplaces. AARP applauds this effort, and we encourage the administration to continue to take steps to protect and defend consumers from unscrupulous practices — especially people under the age of 65 who will soon be eligible to sign up for the marketplaces. Unfortunately, we know that there are scam artists who will try to take advantage of Americans as …