Billions in COVID-19 business loans possibly given to scammers, report says

The Office of Small Business Administration (SBA) Inspector General Michael Ware found that it may have distributed billions of dollars to fraudulent businesses claiming financial distress due to the COVID-19 pandemic, according to a report.

What happens if I default on a personal loan?

Defaulting on a personal loan means you're behind in making the payments you signed up for. Once you default, there are consequences and the lender can take steps to recover the money you owe. But, there are also ways to avoid defaulting on your loan.

How to pay down credit card debt fast as borrowing continues to fall

According to the Federal Reserve, credit card balances are down for the sixth straight month. If you want to pay down your debt, here are three strategies to make it happen.

How to pay off debt in retirement

American seniors are running into a largely unforeseen problem – high credit card debt. What’s the way out for the silver set?

Facebook, Twitter, Google CEOs get earful on bias, warning of new limits

With next week’s election looming, the CEOs of Twitter, Facebook and Google are being scolded by Republicans at a Senate hearing for alleged anti-conservative bias in the companies’ social media platforms.

5 reasons to open a cash back credit card

Cashback credit cards offer plenty of ways to increase your budget or save money on your favorite expenditures.

How to refinance a personal loan

A personal loan can be used for almost anything. But if your current monthly payments are too high or you just want a lower interest rate, then refinancing your personal loan can be a smart move.

Stocks plunge as COVID-19 cases surge in US

The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight.

California restaurants seek booze, health fee refund due to coronavirus closures

California’s financially battered restaurants filed government claims Monday to recover more than $100 million in fees for liquor and health permits and tourism charges that they say were assessed even though their businesses were shuttered or only partially operating under long-running coronavirus orders.