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Recent Blog Posts

July 29, 2020 By Liz Weston

Wednesday’s need-to-know money news

Today’s top story: 6 ways to finance your home improvement project. Also in the news: The dwindling power of Pell Grants to help at-need students, ‘Gamify’ your savings with a prize-linked bank account, and upcoming sales tax holidays. 6 Ways to Finance Your Home Improvement Project A breakdown of loan options. Pell Grants: Dwindling Power […]

July 29, 2020 By Liz Weston

Can you trust your mobile payment app?

Money transfer apps including Venmo, Cash App and PayPal have surged in popularity during the pandemic as people seek safe, contactless ways to send and receive money. Unfortunately, many people don’t understand the limitations of these payment platforms or how they can put someone’s finances at risk. Like over-the-counter medicines, payment apps can be safe […]

July 28, 2020 By Liz Weston

Tuesday’s need-to-know money news

Today’s top story: What to do when your $600 weekly unemployment check expires. Also in the news: Which hotels have handled COVID-19 the best, how COVID-19 is changing the way families save for college costs, and the U.S. Mint asks for help getting coins back in circulation. What to Do When Your $600 Weekly Unemployment […]

July 27, 2020 By Liz Weston

Monday’s need-to-know money news

Today’s top story: Smart money moves when cash is tighter than time. Also in the news: A new episode of the SmartMoney podcast on losing your health insurance and setting financial goals, how a gap year might haunt you financially, and how to boost your credit score with on-time Netflix payments. Smart Money Moves When […]

July 27, 2020 By Liz Weston

Q&A: Helping a son with horrible credit scores

Dear Liz: My 33-year-old son has horrible credit scores. If I added his name to my credit card, would it have a positive effect on his score without any negative ramifications to mine? Could any of his creditors come after me? Answer: Adding someone to your credit card as an authorized user can have a […]

July 27, 2020 By Liz Weston

Q&A: IRS pays interest on late refunds

Dear Liz: I filed my return electronically with direct deposit. I have yet to receive my refund or that stimulus relief check. We have to pay interest on any late tax payment. Will the IRS pay interest on late refunds? Answer: The IRS has said it will pay interest on late refunds if the return […]

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