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May

24
2024
Trends

Who’s who in scams: a spring roundup

Scammers are all about spinning lies, but they still operate in the real world. Many scammers pretend to be well-known businesses to gain trust and make their stories seem more believable.[1],[2

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May

24
2024
Trends

New FTC Data Shed Light on Companies Most Frequently Impersonated by Scammers

New data from the Federal Trade Commission shows that Best Buy/Geek Squad, Amazon, and PayPal are the companies people report scammers impersonate most often.

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May

23
2024
Industry News

Attorney General Campbell Reaches Settlement With EasyPay Over Alleged Rent-A-Bank Scheme, Secures Restitution and Ceases Lending in the Commonwealth

BOSTON — Attorney General Andrea Joy Campbell has reached an assurance of discontinuance (AOD) with EasyPay, which made predatory loans to Massachusetts consumers by laundering loans through a bank not subject to Massachusetts’ protections.

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May

23
2024
Industry News

Biden-Harris Administration Announces Additional $7.7 Billion in Approved Student Debt Relief for 160,000 Borrowers

The Biden-Harris Administration announced today the approval of $7.7 billion in additional student loan debt relief for 160,500 borrowers. These discharges are for three categories of borrowers: those receiving Public Service Loan Forgiveness (PSLF); those who signed up for President Biden’s Saving on a Valuable Education (SAVE) Plan and who are eligible for its shortened time-to-forgiveness benefit; and those receiving forgiveness on income-driven repayment (IDR) as a result of fixes made by the Administration.

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May

23
2024
Industry News

Westerra Credit Union Celebrates 90 Years of Serving Members and the Community

Denver, Colorado – May 24, 2024 This month, Westerra Credit Union celebrates its 90th anniversary as a member-owned, not-for-profit financial institution that was founded by eight teachers with a mission to support their fellow educators. As part of this milestone, Westerra will be reflecting on its rich history through various celebrations throughout the year, including the recent partnership with the Colorado Rockies for Teacher Appreciation Week to recognize the contributions of educators in the Denver metro area.

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