Consumers compare sticker prices, look for rebates and shop for car loan rates. But many aren’t prepared to deal with add-on options and extra fees.
Author: Susan Tompor, Detroit Free Press
Interest Rates: Will the Federal Reserve pause, hike, then pause again?
Inflation cooled considerably from last June through June this year. But the Fed might raise rates in July to keep driving inflation down further.
Forced to retire at 60, this firefighter’s finances took a big hit — like so many others
Martin Rucker became a Detroit firefighter in hopes of getting a full pension. But the city’s bankruptcy left him with financial challenges.
How interest rates on even the best credit card offers can zoom from 0% to 30%
Credit card with 0% rates are still marketed, even as many APRs of 20% to 30% flourish. What consumers need to know about getting a low rate.
Summer deals on cars include 0% to 3% rates, even as Fed is expected to push rates higher
The average car loan rate was 9% for new car buyers in June but summer sales promotions bet that low rates like 0% to 3% can move 2022 and 2023 metal.
Web scammers beware: New INFORM Consumers Act cracks down on fake goods sold online
Amazon, eBay and others will ‘collect, verify, and disclose identifying information’ about many high-volume sellers, as crackdown on crime begins.
You may soon get an IRS letter promising unclaimed tax refunds. It’s a scam.
Scammers are sending unusual tax-related letters this summer, including one that IRS warns will boldly ask for a picture of your driver’s license.
Your car may be worth a lot less than you owe. Here’s why trading it in could be harder.
Car buyers could increasingly run into something called “negative equity” as they try to trade in vehicles bought after pandemic pricing hit.
Fake savings bond scheme leads to $50M in losses and issues for legitimate savers
Savers are shocked that some banks and credit unions changed the rules when it comes to cashing savings bonds. The reason? An uptick in phony bonds.
Taylor Swift ticket scams are breaking fans’ hearts: How to verify tickets are real
Watchdogs warn that scammers selling tickets to Taylor Swift concerts and other events are crafty.