Tuesday’s need-to-know money news

Today’s top story: What the new COVID relief package means for you and your money. Also in the news: Second relief bill and vaccine rollout attract fraudsters, taking advantage of student loan breaks before 2020 ends, and why a down payment is just the beginning of buying a new home.

What the New COVID Relief Package Means For Your Money
It includes $600 checks for millions of Americans and revives federal unemployment aid and loans for small businesses.

Scam Alert: Second Relief Bill, Vaccine Rollout Attract Fraudsters
Staying skeptical and reading up on common schemes can help you keep your money and personal financial info safe.

Take Advantage of Student Loan Breaks Before 2020 Ends
Consider making a lump-sum payment, addressing defaulted loans or refinancing private loans before the year ends.

Want to buy a home? A down payment is just the beginning
What can go wrong, will go wrong, and you’ll need cash to pay for repairs and everything else for your new home