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Wednesday, July 8, 2020

The Daily Money: How to avoid stimulus scams, extra fees

Today's top stories from USA TODAY Money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Wednesday, July 8

Happy hump day, Daily Money readers. It's Brett Molina with the latest Money and Tech headlines Wednesday.

Did your stimulus payment come in the form of a prepaid debit card? You may want to hang on to it, even if you've already used the money. If Congress approves a second round of Economic Impact Payments, it's possible those cards could help get you cash more quickly. It's among the many questions and pitfalls surrounding payments as the government considers a second stimulus.

Finding a cheap mortgage could all depend on your zip code. A report from home-financing startup Haus found metropolitan areas with a higher concentration of banks tend to offer lower mortgage rates. So which areas had the lowest rates?

Dubuque, Iowa
Springfield, Illinois
Lima, Ohio

Finally, rising drug prices have hammered the reputations of pharmaceutical industries. But the coronavirus pandemic and quest for a potential vaccine could allow these companies a chance to redeem themselves.

Scroll down for more news in Money and Tech.

Brett Molina, Money/Tech editor

A Visa Debit card, like the one pictured, is being issued to 4 million people who have yet to receive stimulus money, or Economic Impact Payments. Consumers are being told that the cards are not a scam.
How to avoid stimulus scams, extra fees
Talk of a second, more limited round of stimulus checks is building but consumers are still confused by some prepaid cards and scams.
Want a cheap mortgage? Move to these cities
Could a vaccine fix the drug industry's reputation?
Pfizer and BioNTech released positive preliminary
Walgreens to staff 500-700 stores with doctors
Walgreens is launching doctor-staffed clinics at 5
Facebook audit warns of Trump, voter suppression
In this June 24, 2020, file photo, Tyshawn, 9, lef
Lysol can kill the coronavirus, EPA says
Kill germs around your home with the Lysol Disinfe
Wear a mask and save the small business you love
Woodcut illustration published in Benjamin Frankli
Social Security benefits could remain static for next...
Social Security card with money sitting on it.
Here's what a 401 (k) withdrawal could cost you
Document addressing early 401(k) withdrawals, rest
Florida man loses job after viral Costco outburst over...
The front of a Costco store
 
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