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Key Points The CFPB ordered Equifax to pay $15 million for mishandling consumer disputes and re-inserting previously deleted mistakes. Flawed processes led to confusing letters, inaccurate...
CDs (or certificates of deposit) are low-risk savings vehicles offered by banks, credit unions and many other financial institutions. Individuals can commit a certain amount of...
Dual enrollment allows you to earn college credit while you’re still in high school. Doing so can help you save money on the total cost of...
Key Points The CFPB has filed a lawsuit against Capital One for misleading millions of customers about savings account interest rates, leading to over $2 billion...
Key Points The Biden Administration has approved $183.6 billion in student loan forgiveness across 28 initiatives, assisting over 5 million borrowers since 2021. New approvals include...
Key Points Individuals aged 60-63 can contribute up to $11,250 in catch-up contributions to workplace retirement plans. Employees earning more than $145,000 annually will be required...
Key Points New 401(k) and 403(b) plans established after December 29, 2022, must automatically enroll eligible employees at a contribution rate of at least 3% of...