National Consumers League

Personal Finance

Hot Topics in Personal Finance

Payday lending scams kicking consumers when they're down

Payday loan applicationPayday loans are notoriously bad deals for consumers, providing short-term fixes to financial dilemmas at an extremely high cost. Con artists are finding ways of making them even worse.

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College kids and credit: making smart choices

Two girls carrying moving boxes into dorm roomThis time of year, many parents are thinking about giving their college-bound children a credit or debit card to help pay for living expenses. Once they get to campus, many students may be shocked at the costs they encounter and be tempted to open their own credit card accounts. For these young consumers and their families, abiding by a few simple rules could help them avoid costly headaches down the road.

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Bogus charities expected to prey on donations for wildfire aid

Image of fire burning in trees with smoke billowingRecent wildfires in Colorado have destroyed hundreds of homes and have forced tens of thousands of residents to evacuate. In June, President Obama declared the situation a national disaster, and the Forest Service warned it could take weeks to get the blaze under control. After disasters such as this, many Americans try to help out those who have been affected by donating by charities that promise to assist the victims. However, NCL is warning consumers to be careful about what charity they choose, or risk becoming the victim of a charity scam.

Read more: Bogus charities expected to prey on donations for wildfire aid