Hot Topics in Personal Finance
The 2012-2013 LifeSmarts season is officially underway this fall, with a new competition year going live at the program’s online home, www.lifesmarts.org, along with a variety of new consumer resources for adult and youth participants, and exciting expansion into several new states.
Payday loans are notoriously bad deals for consumers, providing short-term fixes to financial dilemmas at an extremely high cost. Con artists are finding ways of making them even worse.
This time of year, many parents are thinking about giving their college-bound children a credit or debit card to help pay for living expenses. Once they get to campus, many students may be shocked at the costs they encounter and be tempted to open their own credit card accounts. For these young consumers and their families, abiding by a few simple rules could help them avoid costly headaches down the road.