Consumer Tips

News Release | U.S. PIRG Education Fund | Consumer Tips, COVID-19

Consumer complaints of COVID-19 fraud surpass 15,000

Scammers and other bad actors are trying to take advantage of Americans’ heightened fears around the novel coronavirus (COVID-19) pandemic, and fraud complaints are soaring. Consumer complaints to the Federal Trade Commission (FTC) related to the virus surpassed 15,000 Thursday.

The worst possible option for paying your bills

By | Claudia Deeg
Associate

Living in California, I’m currently spending 56% of my income on rent. Most financial advisers say you shouldn’t spend more than 30%. Apparently this qualifies me as “severely cost-burdened,” according to the California Budget & Policy Center.

However, I’m extremely lucky that I’ve kept my job so far since the start of the coronavirus (COVID-19) pandemic. When rent was due on April 1st, I could pay it. Sadly, many others couldn’t.

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