Sunday, April 21, 2019
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Have you ever noticed that when people say not to worry about money it usually means they’ve got a lot and you don’t? Here at the Wake Forest News we take money seriously and cover the topic like nobody’s bidness.

MoneyGram Apparently Just Likes to Screw Customers Over Again and Again

MoneyGram International, Inc. has agreed to pay $125 million to settle allegations that the company failed to take steps required under a 2009 Federal Trade Commission order to crack down on fraudulent money transfers that cost U.S. consumers millions of dollars. The $125 million payment is part of a global settlement that resolves allegations that MoneyGram also violated a separate ... Read More »

My Dad is Going to Lose His Military Pension Over My Student Loans

Question: Dear Steve, I just contacted a pro-bono legal service in my hometown to try to deal with federal & private defaulted student debt but I wanted to reach out to you as well to get another perspective. My dad, a veteran, who co-signed, might lose his military pension if I can’t deal with this. I’m also out of work ... Read More »

Move to Maine and Kiss Some of Your Student Loans Goodbye

The State of Maine is looking to attract younger citizens. Deduct student loan payments from income tax in the form of a tax credit. The maximum benefit is up to $60,000 but not more than half of your student loan debt. So who might be eligible for this fantastic program: Maine residents or persons who will become Maine residents upon ... Read More »

5 Surprising Ways Shorter Days Affect Your Budget

For many people, autumn is a season of low energy bills. The air conditioner is no longer running nonstop, and days when the heater will be constantly on are yet to come. However, another well-known characteristic of autumn (days getting shorter) can lead to higher bills in other areas of life. Home Lighting When it gets dark earlier and the ... Read More »

United States Sues Freight Companies for Systematic Overcharging of Shipments

The United States has filed a complaint in the Western District of New York against YRC Freight Inc., (YRC); Roadway Express Inc. (Roadway); and Yellow Transportation Inc. (Yellow), alleging that these companies systematically overcharged the government for freight carrier services and made false statements to the government that hid their misconduct, the Justice Department announced today. The United States filed ... Read More »

FTC and State of Florida Win Summary Judgment: Court Orders Ringleader of Debt-Relief Scam to Pay $23 Million and Imposes Industry Bans

Kevin W. Guice defrauded more than 10,000 consumers nationwide A federal judge in Florida has permanently banned Kevin W. Guice from the telemarketing and debt-relief industries, agreeing with the Federal Trade Commission and the State of Florida that he founded and operated a massive debt-relief scam that took in over $23 million from more than 10,000 consumers, until halted by ... Read More »

Smoking out bogus product claims

uitting smoking and losing weight can be enormously challenging. In the quest to kick the habit or drop the pounds, you might be tempted by products promising miraculous results. But take a breath before you buy or try. Those ads could be exaggerations or outright lies that wind up costing you big. Case in point: The FTC says Redwood, Inc. ... Read More »