Money

The Department of Education (ED)’s application for federal student loan debt relief is now open and scammers are on the move — trying to get your money and personal information. Luckily, there are ways to stop them. ...

Turns out, student loan borrowers aged 50 and older comprise approximately 22% of the total student loan debt. Older borrowers are now accounting for more student loan debt as well as the rising number of loan defaulters. If this describes you, pay attention to the White House's student loan forgiveness plan. And beware of debt relief scammers and misleading programs. ...

Elder fraud is increasing. Older adults in the United States lose nearly 25 times more money to scammers than other groups... an estimated $113.7 billion a year. Social Security provides resources to protect beneficiaries from Social Security and government imposter scams. ...

If you're on Medicare, you know that it's open enrollment season from Oct. 15 through Dec. 7. But few people take the time to review their plans and compare them to their health needs and prescriptions. A bit of digging and comparison shopping can save you money. ...

Recently, a local home repair business contacted Better Business Bureau (BBB®) Serving Greater Cleveland about a fake check scam. To prevent becoming a victim of check fraud, BBB warns consumers and businesses alike to be wary of situations where a third party is trying to obtain immediate payment from cashed funds or is overpaying by check and requiring quick reimbursement. ...

Student loan debt is not just holding back young adults. It’s increasingly an issue for older people, sending many of them into default and threatening retirement plans for some. In fact, people aged 60 and older are the fastest growing age segment of the student loan market, according to the Consumer Financial Protection Bureau. ...

Meet a true webmaster, get winter heat help, and did you know that Ralphie's back? We've got the roundup in our Worth Noting section. ...

Save yourself a potential hassle. With online shopping growing rapidly since the onset of the pandemic, we also have to handle online returns. Better Business Bureau Serving Greater Cleveland (BBB®) is providing helpful tips for returning online purchases. ...