Personal Finance Archives - Page 9 of 11

Maryland Department of Health announces expanded educational loan repayment programs for healthcare professionals

Posted on March 9, 2023 by Chris Montcalmo

BALTIMORE, MD—The Maryland Department of Health on Thursday announced the largest expansion of the Maryland Loan Repayment Program (MLRP) for the 2023 application cycle. In exchange for service obligations to practice in areas of healthcare professional shortage, eligible health care providers and support staff can earn higher education loan repayment assistance from $5,000 to $100,000, depending on licensure. “MDH is […]

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Maryland town named one of nation’s best at money management

Posted on March 2, 2023 by Chris Montcalmo

BALTIMORE, MD—One Maryland town has been named one of the best in the nation at money management. With 44% of U.S. adults grading their knowledge of personal finance a C or lower and good financial skills being essential during this time of high inflation, the free credit score website WalletHub this week released its report on 2023’s Best & Worst […]

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Maryland named one of 2023’s worst states to retire in

Posted on January 24, 2023 by Chris Montcalmo

BALTIMORE, MD—With 25% of all nonretired adults having no retirement savings, the personal-finance website WalletHub this week released its report on 2023’s Best & Worst States to Retire. Maryland came in near the bottom of the list at No. 42 out of fifty. To help retirees find a safe, enjoyable and wallet-friendly place to call home, WalletHub compared the 50 […]

Baltimore ranked among worst cities for veterans [VIDEO]

Posted on November 2, 2022 by Chris Montcalmo

BALTIMORE, MD—With Veterans Day approaching and the veteran unemployment rate falling to 2.7 percent, the personal-finance website WalletHub this week released its report on 2022’s Best & Worst Places for Veterans to Live. Baltimore came in near the bottom of the list, ranking at number 97 out of 100 cities. The report compares the 100 largest U.S. cities across 20 […]

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Officials warn of student loan debt relief scams

Posted on October 20, 2022 by Chris Montcalmo

BALTIMORE, MD—On August 24, 2022, the White House announced a Student Debt Relief Plan that includes one-time student loan debt relief targeted to low- and middle-income families. The U.S. Department of Education) will provide up to $20,000 in debt relief to Federal Pell Grant recipients and up to $10,000 in debt relief to non-Pell Grant recipients. Borrowers with loans held […]

Attorney General Frosh announces settlement with jewelry retailer Harris Originals

Posted on July 21, 2022 by Chris Montcalmo

BALTIMORE, MD—Maryland Attorney General Brian E. Frosh this week announced that the state’s Consumer Protection Division, along with 17 other State Attorneys General and the Federal Trade Commission (FTC), joined a multistate agreement resolving allegations that national jewelry retailer Harris Jewelry targeted and defrauded military servicemembers and veterans. The states and the FTC alleged that the jewelry company used deceptive […]

Maryland partners with CFTC, 26 state securities regulators to stop $68 million precious metals scheme that targeted seniors

Posted on February 2, 2022 by Chris Montcalmo

BALTIMORE, MD—The Office of the Attorney General’s Securities Division this week announced that it is participating in a multi-jurisdictional, coordinated enforcement action to stop a fraudulent precious metals scheme that resulted in investments exceeding $68 million from at least 450 investors nationwide. The Securities Division has joined the Commodity Futures Trading Commission (CFTC) and 26 other state securities regulators in […]

Maryland Department of Labor: Direct deposit will be available for unemployment insurance claimants in April

Posted on February 23, 2021 by Chris Montcalmo

BALTIMORE, MD—Maryland Department of Labor Secretary Tiffany P. Robinson on Tuesday announced that Maryland’s unemployment insurance claimants will begin receiving their benefit payments via direct deposit beginning in April. The transition from Bank of America debit cards to direct deposit comes as a result of a new contract with Wells Fargo. “Maryland’s unemployment insurance claimants will begin receiving their benefit […]

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