Financial Tips

ABA: Foundation and the FBI Release New Infographic on Holiday Shopping Scams

The infographic provides tips to help consumers detect and avoid falling for online shopping scams, like non-payment and non-delivery scams The American Bankers Association Foundation and the Federal Bureau of Investigation have joined together to release a new infographic offering consumers important tips to avoid online shopping scams this holiday season. According to the FBI’s Internet Crime…

ABA: New Campaign Seeks to Educate Holiday Shoppers About Scams

Banking Industry Ramps Up Efforts to Empower Consumers to Spot Scams With the holidays in full swing, the American Bankers Association and member banks across the country are stepping up efforts to educate consumers on the threat of scams and how to protect themselves this holiday shopping season. Scammers are taking advantage of the holidays…

ABA: Infographic on Student Loan Forgiveness Scams and Tips to Avoid Falling Victim Released

As part of its annual Get Smart About Credit campaign, the American Bankers Association Foundation today released a new infographic providing consumers with information on the prevalence of student loan debt forgiveness scams and red flags they can look out for to avoid falling victim.  The infographic is the second in a suite of four infographics the…

ABA: Foundation Releases New Videos to Raise Awareness on Senior Scams

The American Bankers Association Foundation today released seven new videos designed to raise awareness of the top scams targeting older Americans as a part of its Safe Banking for Seniors campaign. The campaign, led by volunteers at banks nationwide, helps older customers, their families and caregivers understand and mitigate the risks of elder fraud and financial exploitation…

ABA: Foundation Infographic Released with Tips for Avoiding Scholarship and Student Loan Scams

New Infographic from ABA Reveals Tips for Avoiding Student Loan and Scholarship Scams As part of its annual Get Smart About Credit campaign, the American Bankers Association Foundation released a new infographic today providing consumers with information on common scholarship and student loan scams and tips on how to avoid falling victim. The infographic is the first…

CFPB: New Podcast Series Announced Focused on Paying for Higher Education

The Consumer Financial Protection Bureau (Bureau) today released the first episodes of a two-part podcast series for students, parents, and practitioners on managing finances before, during, and after college. The podcast series, Financial inTuition, will include interviews with experts in financial aid, student loans, financial coaching, and planning. The podcasts also will highlight the Bureau’s…

ABA: 6 Ways to Make the Most of Your Tax Refund

Last year, more than 100 million Americans received an average tax refund of $2,869 deposited back in their bank accounts after filing their taxes. To kick off America Saves Week this year, the American Bankers Association is encouraging consumers to file their taxes as early as possible and offering specific tips to help taxpayers make…

ABA: New Infographic Offers Tips to Protect Members of the Military from Potential Scams

In honor of National Veterans and Military Families Month and Veterans Day, the American Bankers Association Foundation, the Association of Military Banks of America (AMBA) and Better Business Bureau Institute for Marketplace Trust (BBB Institute) have joined forces to educate veterans, active duty service members and their families on financial scams targeting the military. A new…

FEMA: Avoid Another Disaster…Beware of Fraud

 Scams seem to follow disasters. Don’t let your guard down and suffer another disaster such as identity theft or paying fees for services that are never provided. Remember, FEMA never charges for services nor does it endorse any commercial business, product or service. All federal employees have an official badge/ID. Ask to see it. The…

CFPB: A No-Cost Way to Prepare Your Credit for a Big Purchase

Thinking about buying a house, car, or other big ticket item, and know you’ll be using credit? Before making a big purchase, your first step should be to take a look at all of your finances. Check out these five steps to prepare your finances that won’t cost you a penny. 1. Take advantage of…