Banking & Credit Cards
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Latest in Banking & Credit Cards
A North Carolina man lost $753,000 in a crypto romance scam and may recover $630,000
A Wake County, North Carolina, man lost $753,000 after scammers built a fake romantic relationship with him and steered him onto fraudulent cryptocurrency trading platforms....
A nurse lost $9,260 at a Bitcoin ATM after a caller claimed she had missed jury duty
A nurse lost $9,260 at a Bitcoin ATM after a caller claimed she had missed jury duty and faced imminent arrest. The scam followed a...
Cash App’s owner will pay $45 million to 46 states as fraud-settlement checks land automatically
Millions of Cash App users who lost money to fraud or unauthorized transactions will receive automatic reimbursement checks after Block Inc. agreed to pay $45...
The FTC is mailing $2.7 million in automatic refunds to nearly 63,000 Angi workers
Nearly 63,000 people who cleaned homes, assembled furniture, or performed other gig work through Handy Technologies are set to receive automatic refund checks from the...
The $8 cap on credit-card late fees was struck down, sending them back toward $32
Credit card holders who miss a payment will keep paying roughly $32 in late fees after a federal court struck down the Consumer Financial Protection...
Grandparent scams now clone a relative’s voice, and one mother wired $15,000
A mother in distress wired $15,000 after hearing what sounded exactly like her child’s voice on the phone, pleading for emergency help. The call was...
A California man, 70, lost $84,000 to a fake McAfee agent before police arrested the courier
A 70-year-old Camarillo, California, resident handed over $84,000 in cash to a stranger after a phone caller posed as a McAfee Security agent and convinced...
The CFPB is returning $140 million to bank customers hit by surprise overdraft fees
Bank customers who were charged fees on transactions they had enough money to cover are getting refunds. The Consumer Financial Protection Bureau’s supervisory exams forced...
Taking out one new student loan can lock you out of your old repayment plan
Federal student loan borrowers returning to school or picking up a graduate degree after July 1, 2026, face a quiet but serious trap. A single...
Overdraft fees have mostly vanished at big banks, now capped near $5 to $10
Millions of checking-account holders who once faced $35 overdraft penalties at the largest U.S. banks now stand to pay no more than $5 to $10...
A retired Alabama man lost $222,000 to a romance-crypto scammer who called herself “Bella”
A retired man in Florence, Alabama, lost $222,000 after a person using the name “Bella” built a relationship with him online and then directed him...
Three men were arrested in a $1 million scam that targeted an elderly Virginia couple
Three men face federal charges after allegedly defrauding an elderly Virginia couple of $1 million by posing as government agents and directing the victims to...
Public Service Loan Forgiveness cleared 11,000 more workers as a court blocked new limits
A federal judge blocked the Trump administration from restricting which public-sector employers qualify under the Public Service Loan Forgiveness program, preserving debt cancellation access for...
Scammers are stealing victims’ phone numbers to intercept bank codes in a fast-spreading port-out fraud
Federal prosecutors have now charged phone company insiders and outside accomplices in schemes that hijacked customer phone numbers to intercept bank verification codes sent by...
A text with a QR code claiming you owe a traffic fine is a fast-spreading scam, the FTC warns
Millions of Americans are receiving text messages that look like official traffic-violation notices, complete with court seals, case numbers, and hearing dates, all directing them...
Lands’ End breach victims can claim $60 without proof, or up to $5,000 with losses, by October 22
Consumers affected by a data breach tied to Lands’ End, Inc. face an October 22 deadline to file claims worth up to $60 without documentation...
New York is suing Zelle for $1 billion, saying it let scammers drain users’ accounts
New York Attorney General Letitia James filed suit against Early Warning Services (EWS), the company that operates the Zelle digital payment network, alleging the platform...
A FEMA overhaul could make federal disaster aid harder to get, shifting costs to survivors
Families recovering from hurricanes, wildfires, and floods could soon face steeper out-of-pocket costs if proposals to restructure the Federal Emergency Management Agency move forward. A...
Government-impersonation scam reports jumped 40% last year as fake toll and traffic texts spread
Drivers across the country are receiving text messages that claim they owe unpaid tolls, and the scam is spreading fast. Reports of government-impersonation fraud jumped...
The average new-car payment hit a record $777 a month as loans stretch past seven years
American car buyers are now spending a record $777 a month on new-vehicle loans, and nearly one in four of those loans will take at...