Wednesday’s need-to-know money news

Today’s top story: 7 tax tips for new college grads. Also in the news: Why many people don’t know the cost of bad credit, how to travel on the cheap, and the death of payday loans.

7 Tax Tips for New College Grads
It’s a whole new tax world.

How Costly Is Bad Credit? Many Don’t Know, Survey Shows
A look at just how expensive bad credit can be.

To Travel Cheap, Steer Clear of These Booking Flubs
Don’t make these mistakes.

Payday loans are dying. Problem solved? Not quite
The slow death of payday lending.