Cyber Scam Predictions for 2014

Posted on 12/27/2013 by |AARP Blog Author | Comments

Bulletin Today | Money & SavingsAs the year closes, leading online security vendors are looking into their crystal balls – or rather, reviewing recent trends of trickery – to predict the top cyber scams of 2014. Some notables worth a mention: TVs watching you. Many traditionally “dumb” devices are getting “smarter” – televisions, gaming systems and even baby monitors are being connected to the Internet and often contain cameras or microphones. So, many cybercops predict them to be a magnet for attack, such as remote spying. …

New York Cracks Down on Sites With Payday Loan Ties

Posted on 12/5/2013 by |Money and Work | Comments

Bulletin Today | Money & SavingsIda Bibbs, a 71-year-old grandmother from New York City, wasn’t looking for a loan online, but who could resist a solicitation promising quick and easy money? No banks. No credit checks. The result, as it turned out, was a suffocating debt trap. Bibbs says she took out one high-interest, short-term loan after another from payday lenders online. First she borrowed $400, then $300 and finally $500, all in the last year.  She used the money to pay her rent — she’d …

Want Your FICO Credit Score for Free?

Posted on 11/19/2013 by |Money and Work | Comments

Bulletin Today | Money & SavingsSo you want to know your credit score but you don’t want to pay for it? You may be in luck. Accessing your FICO score, which lenders use to judge creditworthiness and decide whether to grant you that loan or credit card, is getting a bit easier. Discover Financial Services is the latest credit card issuer to provide its customers with their FICO scores if they qualify for one of their cards, Bloomberg reports. “Discover it” cardholders will be the …

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 …

My Big Credit Blunders

Posted on 01/9/2012 by |AARP Blog Author | Comments

Money & SavingsThis is a guest post by Lynnette Khalfani-Cox, host of the AARP Pay Down Your Debt Challenge, which is taking place on through Jan. 29. Learn how to get started paying down your debt, join the Pay Down Your Debt group, and you could have a chance to win a prize. Lynnette will have a Twitter chat on @AARPMoney. Tuesday, Jan. 10, 3-4 pm EST. Ask her questions about credit and debt issues and follow via #debtchat. By Lynnette …

News To Know: Paper Or Plastic

Posted on 10/23/2008 by |Archived Contributor | Comments

Money & SavingsAs the economy ails, consumers are increasingly relying on cash rather than credit.