10.10.24 Safe Saving: An FDIC Update / The Risks Of Seller Financed Mortgages

Today, Clark has an update from the FDIC in the aftermath of the recent fintech meltdown, including the dangers of “blended banking” and how to spot fake savings account offers. Also - if you are in the market for a house, you may see offers for land contracts or seller financing. Know the downsides of alternative rent-to-own type mortgages Protections For Savers - An FDIC Update: Segment 1 Ask Clark: Segment 2 Beware Lease Purchase Type Home Offers: Segment 3 Ask Clark: Segment 4 Mentioned on the show: The FDIC Is From the Government and Really Is Here to Help 17 of the Best High-Yield Online Savings Accounts in October 2024 Experian Insurance Marketplace NYTimes: A Mortgage Alternative for Lower-Priced Homes Comes With Risks NYTimes: Consumer Agency Cracks Down on Seller-Financed Home Sales Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices