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Credit card debt is something many Americans struggle with, but a new study shows that senior citizens are particularly at risk for crushing debt, so much so that an increasing number are turning ...
Revolving credit card debt can be a problem at any age, but it's especially troublesome when you're retired and on a fixed income. Unfortunately, credit cards have become the lender of last resort ...
Navigating your way through difficult legal issues such as long-term care, estate planning, or social security benefits, as an aging American without adequate support is an overwhelming and...
The Consumer Financial Protection Bureau in its October 2013 report on the CARD Act found that between the first quarter of 2009 and December 2012, credit card interest rates increased on average from 16.2% to 18.5%, while the “total cost of credit,” that is, the total of all fees and interest paid by all consumers as a percentage of the ...
All volunteers must pass a code of conduct exam and an intake interview/quality review exam. The VITA tax returns are prepared by IRS tax law certified volunteers. The volunteers are taught how to use tax software and specific tax law each year. They must pass a tax law exam to receive basic or advanced certification. The passing score is 80%.
One of the financial side effects of the coronavirus pandemic was a good one: a drop in credit card debt. Americans went out less and spent less, and government assistance was effective enough that...
Plaintiffs allege that Visa, Mastercard, and other major credit card issuers engaged in a conspiracy to fix interchange fees, also known as swipe fees, that are charged to merchants for the privilege of accepting payment cards, at artificially high levels. In their complaint, the plaintiffs also alleged that the defendants unfairly interfere ...
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