Americans Under 30 Lost Nearly $500M to Scams in 2025
Americans age 29 and younger reported losing nearly $500 million to scams in 2025, up 20% from 2021, according to Federal Trade Commission data... read more »
For nearly 20 years, Andrew has worked for financial institutions ranging from regionally focused investment organizations to some of the largest banks in the world. At Wells Fargo, Andrew was a Consultant within the Insight and Innovation division. A graduate of the University of Georgia’s Terry College of Business, Andrew’s career quest has been promoting personal financial health and well-being. As a Staff Writer for BadCredit.org, Andrew seeks to educate and inform readers of solutions to help them on their path to financial freedom.
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Americans age 29 and younger reported losing nearly $500 million to scams in 2025, up 20% from 2021, according to Federal Trade Commission data... read more »
By: Andrew Allen • 9/2/26
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MOHELA warned some student loan borrowers that they were severely past due even though they owed nothing. Sens. Elizabeth Warren (D-Mass.) and... read more »
By: Adam West • 9/1/26
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A new analysis finds that higher home energy costs are pushing millions of Americans toward collections. Utility debt had reached or was... read more »
By: Andrew Allen • 8/18/26
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More credit card accounts are being opened for Americans with damaged credit, but those new accounts may come with costly strings attached. New... read more »
By: Andrew Allen • 8/17/26
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Americans filed for bankruptcy far more often in 2025 than they did in 2024, continuing a trend in non-business bankruptcy filings that has seen... read more »
By: Andrew Allen • 8/4/26
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Americans may be losing far more money to scammers than federal data capture. Many victims report scams to their banks but do not report them to... read more »
By: Andrew Allen • 7/28/26
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Roughly 44 million U.S. adults have subprime credit, according to a PYMNTS Intelligence report. More than one-third of them don’t have a credit... read more »
By: Andrew Allen • 7/24/26
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Student loan debt was supposed to be an investment in a better future. But for millions of borrowers falling behind on payments, it may instead... read more »
By: Andrew Allen • 7/15/26