Credit, Loans, and Debt

Do you know someone who might need to brush up on their money management skills? Or learn to spot and avoid scams? Back-to-school season is a good time to get to work on learning. Whether you're a student, a parent, or just looking to sharpen your skills, you can learn how to protect your money and personal information. The FTC’s consumer.gov has free, reliable information in plain language to help you get started.

Having a lot of debt can be stressful at any age. But if you’re retired or about to live on a fixed income, paying off debt can sometimes be more challenging. As you explore your options, know that scammers might promise to take away your debt — for a fee. If you pay them before they help you, you’ll likely lose money instead of getting a fresh start. So, what’s the best way to pay down debt while avoiding scams?

Paying off student loan debt takes time. That’s why getting a call from someone who says they can help you get your loans forgiven now (for a fee) might sound appealing. Is it really relief or just a scam?