Herb Weisbaum
Contributing Editor at Consumers' Checkbook
Consumer Reporter at Northwest Newsradio
My goal: Save you time and money help you avoid rip-offs & scams. Contributing Editor at https://t.co/7zIHwotH2F, and host of the https://t.co/IYX2daOv9E podcast.
Articles
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5 days ago |
komonews.com | Herb Weisbaum
Are we headed into a recession? How much will tariffs drive up the cost of living? Will I ever be able to build some savings? The survey, conducted by The Harris Poll from Feb. 20 to March 17, found that “widespread concerns about the economic landscape contribute to a sense of financial stagnation” for millions:More than half of U.S. adults (53 percent) said they can’t get ahead, no matter how hard they try.
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1 week ago |
komonews.com | Herb Weisbaum
After a pause of more than five years, on May 5 the federal government will resume collections on defaulted student loans. The U.S. Department of Education will target borrowers who haven’t made payments for 270 days or more. The department’s Federal Student Aid (FSA) office will notify borrowers via email that their loans are entering “involuntary” collection unless they start making payments or enroll in an Education Department forbearance or deferment program.
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1 week ago |
checkbook.org | Herb Weisbaum
Are we headed into a recession? How much will tariffs drive up the cost of living? Will I ever be able to build some savings? A pervasive feeling of uncertainty about the economy, largely due to actions taken by the Trump administration, is “significantly impacting” people’s perception of financial well-being, leaving many feeling “stuck despite their best efforts,” according to the 2025 Financial Literacy and Preparedness Survey from the nonprofit National Foundation for Credit Counseling.
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2 weeks ago |
checkbook.org | Herb Weisbaum
After a pause of more than five years, on May 5 the federal government will resume collections on defaulted student loans. The U.S. Department of Education will target borrowers who haven’t made payments for 270 days or more. The department’s Federal Student Aid (FSA) office will notify borrowers via email that their loans are entering “involuntary” collection unless they start making payments or enroll in an Education Department forbearance or deferment program.
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2 weeks ago |
komonews.com | Herb Weisbaum
A federal court judge in Texas scrapped a Consumer Financial Protection Bureau (CFPB) rule that would have limited “excessive” credit card late fees to $8. Judge Mark Pittman, who had already blocked the CFPB from implementing the fee cap, decided the rule illegally prohibited credit card companies from charging “reasonable and proportional” fees.
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Study: Half of Americans Feel ‘Financially Adrift’ Due to Uncertain Economic Climate. A pervasive feeling of uncertainty about the economy is leaving many feeling “stuck despite their best efforts.” https://t.co/qJHOylnCAh https://t.co/Vx61agBQvb
This month’s visit on the NickD podcast… we talk about student loan debt, overdraft and credit card late payment fees, and some money-saving credit card perks you might not know about. https://t.co/cgV6X1mNIt
Congratulations to Wisconsin, the 2025 National LifeSmarts Champions! @LifeSmarts_org Once again, I had the honor of being Quiz Master at the finals, held in Chicago. The competition was intense (46 teams), and the kids were GREAT! I had some wonderful pasta & pizza for dinner. https://t.co/sW2ATt9hP9