News

2020

January

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• How to fix mistakes in your credit report. Your credit report is an important document that determines the amount you can borrow for a home. Your credit score is based on factors found in your credit report and is part of the calculation

• USDOJ accuses U.S. companies of being complicit in foreign scams. The Justice Department on Tuesday asked a federal court for restraining orders against three home-based operators of telecommunications companies who, authorities allege, patched hundreds of millions of foreign-based robocalls into the United States.

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• Teachers sue Betsy DeVos...again. A major teachers union is suing Secretary of Education Betsy DeVos — again. Here’s what you need to know.

• Democrats urge Supreme Court to save consumer agency. Democrats are rallying around the consumer protection agency Congress created in the aftermath of the 2008 financial crisis as conservatives urge the Supreme Court to declare the regulator unconstitutional. The Consumer Financial Protection Bureau (CFPB) could

• FICO’s new score won’t ding you for student loans. Your FICO credit score may soon be changing, but if you see a dip in the next year, it’s probably not because of an existing mortgage or a high student loan balance. It

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• CFPB limits its own powers against abusive conduct in new policy. The Consumer Financial Protection Bureau (CFPB) is putting limits on the ways that it will use its power to pursue banks and other financial companies for abusive practices against consumers. Under a new policy statement

• Multifamily housing: An innovative avenue for first-time buyers. Long considered the domain of established real estate investors, multifamily properties increasingly are becoming a popular path to homeownership for some first-time home buyers. Many are millennials priced out of booming property markets in expensive

• FICO credit score changes could punish people who struggle with debt. FICO periodically updates its scoring model, and the company recently announced it would be releasing two new versions this summer—FICO 10 and FICO 10 T. The significant development involves FICO 10 T, which will take a

• Does personal finance still work in our changing economy?. With a financial system so drastically shifting, what can we do about money?

• Tercera edad: Conozca los programas que le ayudan con el alquiler en California. Más de tres cuartas partes de las personas mayores de bajos ingresos de California, tienen problemas al pagar la renta.

• EEUU: Corte permite negar green card por asistencia pública. La Corte Suprema permitió el lunes que el gobierno del presidente Donald Trump implemente una política que vincula el uso de asistencia pública con los méritos para que

• Si tu ITIN está vencido, podrías no recibir reembolso; entérate aquí cómo evitarlo. Como cada año, la temporada tributaria comienza este lunes 27 de enero, lo que puede significar buenas noticias para todos aquellos que estén en condiciones de recibir reembolsos. Estos reembolsos empezará

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• Sextorsión: Estafadores hacen creer a sus víctimas que sacaron de sus cámaras de seguridad fotos de ellas desnudas. Hay una nueva estafa en donde los maleantes engañan a las víctimas diciéndoles que las grabaron en situaciones íntimas con cámaras de seguridad de sus casas

• ¿Tienes muchas deudas? FICO alerta de cambios en reportes de récord de crédito. FICO anunció cambios a sus sistema de puntaje de récord de crédito que podría ocasionar que millones de personas pierdan hasta 20 puntos en sus reportes, mientras otras logren

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• Lawmakers want to end age discrimination—that’s good for your wallet. The House of Representatives passed the Protecting Older Workers Against Discrimination Act last week in a 261-155 vote. Around 61% of older workers have either faced or observed age bias, according to AARP. It’s

• Don’t be surprised by this deadline if you’re paying off student loans. More than half of borrowers fail to do this, resulting in higher payments, bigger balances, or even default.

• 110 million consumers could see their credit scores change. Americans who are struggling to pay off their debt could see lower FICO credit scores in their future, especially if they miss payments. Fair Isaac Corp., the company behind the popular FICO credit score, announced

• FedEx alerta sobre una nueva estafa a través de mensajes de texto. FedEx lanzó una alerta sobre una nueva estafa en donde las personas reciben un mensaje de texto o correo electrónico con un enlace en donde podrían robarte la informació

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• Don't fall for delivery texts claiming to be from FedEx. FedEx is warning consumers not to fall for a new scam that tries to trick them into opening a text or an email about the status of a delivery. People across the country are

• New York City to force stores to accept cash. From a cup of coffee to a car ride, mobile devices or plastic cards are becoming the preferred, and sometimes exclusive, methods of payment. The City Council is set to approve legislation that would prohibit