Personal finance

Student loan refinancing companies say they offer borrowers a way to save thousands of dollars on their debt, by allowing them to pay off their loans at a lower interest rate, in less time. The reality can be much different. Recently, the government found that online lender SoFi was misleading consumers on how much they’ll
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With the government shutdown now in its fourth week, banks and credit unions are ramping up help to federal workers. Some 420,000 employees are considered “essential,” and are working without pay, while an estimated 380,000 others have been ordered to stay home. Colorado’s Alpine Bank has set aside $5 million to help furloughed workers. If
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Your employer is worried about your balance sheet. “Financial wellness” — or improving the overall health of their workers’ finances — will be front and center for companies this year, according to a recent survey from Callan. The investment consultancy polled 106 employers in October 2018. “Investing” and “retirement plan contribution levels” round out the
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Early estimates for next year’s Social Security cost-of-living adjustment are in — and they’re nothing to celebrate. In fact, at the rate we’re going, there might not be a cost-of-living adjustment for 2020 at all, according to Mary Johnson, Social Security and Medicare policy analyst at The Senior Citizens League. The non-profit organization tracks how
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