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The text messages are often from unfamiliar phone numbers that claim the recipient either owes the DMV, or is owed, a large sum of money. The recipient is then directed to click a link.

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Imagine being anxious about affording your federal student loan payments. And then you receive a phone call from someone who says he’s affiliated with the U.S. Department of Education. His company can help you qualify for federal programs to permanently reduce your monthly payments. All you have to do is pay an advance fee of […]

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On this week's Money Minute, personal finance expert Jeanette Mack talks about learning how to spot scams that target consumers and their pers…

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