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Author: Susan Tompor, Detroit Free Press

Money

Exiting a timeshare could be another route to a rip-off, Better Business Bureau says

June 14, 2019June 17, 2019 Susan Tompor, Detroit Free Press Comments Off on Exiting a timeshare could be another route to a rip-off, Better Business Bureau says

The Better Business Bureau says timeshare owners in at least 46 states lost thousands to Missouri-based companies offering exit strategies.

Money

How to pay off student loans without a billionaire bailout

May 24, 2019 Susan Tompor, Detroit Free Press Comments Off on How to pay off student loans without a billionaire bailout

College is an investment but staggering debt is depressing. What do grads need to do, if they’re not lucky enough to have someone pay the bill.

Money

Mistakes on your credit report could cost you thousands: How to fix them

May 17, 2019 Susan Tompor, Detroit Free Press Comments Off on Mistakes on your credit report could cost you thousands: How to fix them

The Consumer Financial Protection Bureau database that went public after the Equifax data breach in 2017 logged 257,000 consumer complaints in 2018.

Money

‘The Good Doctor’ star Hill Harper in Detroit to help boost your credit score

May 6, 2019 Susan Tompor, Detroit Free Press Comments Off on ‘The Good Doctor’ star Hill Harper in Detroit to help boost your credit score

Experian partners with actor and activist Hill Harper to promote new program to help those with limited credit histories improve their scores.

Money

How student loans can fatten or shrink your tax refund

March 28, 2019 Susan Tompor, Detroit Free Press Comments Off on How student loans can fatten or shrink your tax refund

Those who have defaulted on federal student loans may see tax refunds seized. Others get a break by deducting interest paid on student loans.

Money

No, you can’t pay to remove ID from the dark web. Here’s what to do

March 22, 2019March 22, 2019 Susan Tompor, Detroit Free Press Comments Off on No, you can’t pay to remove ID from the dark web. Here’s what to do

A watchdog group says about 36 percent of consumers wrongly believe that a service can remove stolen IDs from the underground marketplace.

Money

Tax refunds went up for these Americans

March 20, 2019March 20, 2019 Susan Tompor, Detroit Free Press Comments Off on Tax refunds went up for these Americans

The tax refund story is mixed. Some are seeing bigger refunds, while homeowners in high tax states report paying taxes, instead of getting refunds.

Money

Online romance scams cost victims thousands. Read the story of one man who lost $31,000.

February 22, 2019 Susan Tompor, Detroit Free Press Comments Off on Online romance scams cost victims thousands. Read the story of one man who lost $31,000.

Victimsof romance scams aren’t just losing their life savings. Some are taking on new debt in the name of love, such as opening up credit cards.

Money

Tax refund advance loans are often too good to be true. Here’s what you should know

February 10, 2019 Susan Tompor, Detroit Free Press Comments Off on Tax refund advance loans are often too good to be true. Here’s what you should know

Demand for tax refund advances could go up, thanks to the government shutdown. But read the fine print carefully and watch out for high tax prep fees.

Money

Thousands miss out on Earned Income Tax Credit because they don’t file

February 7, 2019 Susan Tompor, Detroit Free Press Comments Off on Thousands miss out on Earned Income Tax Credit because they don’t file

Low- to moderate-income workers get relief. The Earned Income Tax Credit can be worth up to $6,421 this year for some.

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