News

2018

October

16

• Student loans--how employers might help. When the 401(k) was born 40 years ago, it changed the way Americans left the workforce. Now, some companies are trying to change how we enter it.

• If you're a 'non-elite,' expect to wait. American Airlines is taking some heat after an internal memo leaked telling employees that their first priority during delays or cancellations should be to get elite passengers to their destinations, even if it means using

• Student loan reforms will make education better for Americans. Across the country, millions of college freshmen have spent the last few weeks starting classes, getting to know roommates and adjusting to dorm life. Now, millions of families are trying to figure out how to

15

• Amid high fees and record profits, banks want 'regulatory relief'. The banking industry has been busily spinning a myth about being crippled by overregulation, and how banks are yearning to breathe free of rules that prevent them from funding small businesses and investing in local

13

• Financial companies rack up complaints, but good luck finding them. A NerdWallet analysis of previously undisclosed Consumer Financial Protection Bureau data shows that Green Dot, a dominant prepaid card company, and Credit One, a leading credit card issuer, are among the businesses Americans complain about

• What you need to know for smooth flying. If you’re planning a plane trip in the near future you should know your rights. Here are the basics, as detailed in a report published Oct. 2 by the nonprofit Consumer Action, information from

12

• Investigating a major auto loan company. Action 9 News uncovers the risks of some new car loans from a major lender.  

• This 36-year-old got $50,000 of her student loans Forgiven. Meet Nina Pomponio. She’s one of the lucky few who received student loan forgiveness from the federal government.

• Millennials are also loading up on this kind of debt. Millennials — already laden with student loans — are adding a different kind of debt to their balance sheets: personal loans.

11

• Hurricane Michael prompts Freddic Mac to issue relief policies. In areas where the Federal Emergency Management Agency has yet to make individual assistance available, mortgage servicers are encouraged to leverage Freddie Mac’s short-term forbearance programs for those affected by the hurricane, according

• Travelers teams up with Amazon to sell home security kits. Travelers, one of the country's largest insurance companies, announced that it had launched an Amazon storefront where its customers can buy discounted home security equipment. The security kits can include cameras, motion detectors, water

• Children’s allowances: Debit cards linked to parents’ phones. Parents can now choose from a rapidly expanding menu of prepaid debit cards, aimed at giving them digital oversight of their children’s spending and saving habits. Parents can use the apps to establish

• Experian credit freeze flaw may have revealed your PIN to fraudsters. The credit bureau’s process to retrieve a PIN that safeguards a frozen Experian credit report had a security defect, making it easier for a fraudster to potentially get the PIN, unfreeze the report

10

• New reverse mortgage options available for homeowners. You’ve probably seen actor Tom Selleck suavely pitching federally insured reverse mortgages on television and thought, hmm, that sounds interesting. He says you can turn your home equity into cash and

• No-frill air fares are all the rage. Call it the Spirit Syndrome or the Wow Effect. More airlines are copying the stripped-down fare model of the minimalist airlines, offering lower fares for fewer perks. American, United and Delta have all introduced this

09

• American Airlines limits help for travelers with delayed, canceled flights. American Airlines has reduced options for travelers whose flights are delayed or canceled. Under a new policy, passengers without status in the airline's frequent-flyer program will not be rebooked on other airlines

• The government is rolling out 2-factor authentication. Government officials managing .gov websites will soon have to use the Google Authenticator app on their smartphones for verification.

• Pay off that mortgage before retiring. Retirees share their stories of relief, joy and excitement.

• Obamacare premiums come down but could have been even lower. In some states average premiums for Affordable Care Act plans will be lower next year than in 2018. But in every state, they would be even lower if not for the concerted campaign of sabotage waged

08

• Save big this season with pre-holiday credit-card strategies. In 2017, the average American household carrying credit card debt had a balance of $15,482, according to a NerdWallet study. Without a plan, holiday shopping can set you back more. The good news? You, too, can offset