Finance
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Bilt Rewards Now Reports Rent Payments to Big 3 Credit Bureaus
Bilt Rewards today announced the public launch of its free rent reporting service, available immediately to residents living within Bilt Alliance buildings.
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Google Chrome Will Let You Create Virtual Credit Cards for Online Purchases
Google will soon offer Chrome users the ability to use a virtual credit card number when making payments online.
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No More Cash or Cards, Implant Microchip for Contactless Payments
For only $299, British-Polish company Walletmor, will implant a tiny microchip in your hand and you can just wave at payment terminals.
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Credit Reporting Agencies Remove Most Medical Debt from Credit Reports
Equifax, Experian, and TransUnion, announced this week significant changes to medical collection debt reporting to support consumers faced with unexpected medical bills.
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IRS Says It Will Stop Using Facial-Recognition After Backlash
The IRS announced Monday that it will transition away from using a third-party service for facial recognition to help authenticate people creating new online accounts.
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Lawmakers Ask Chase to Explain Sudden Spike of Lawsuits Against Credit Cardholders
Chase filed more than 1,000 consumer debt lawsuits around Houston last year after filing only seven in 2020. Other cities show similar numbers as well.
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File Taxes for Free with Cash App Taxes
Cash App Taxes is a new free service from Cash App users. It was previously known as Credit Karma Tax, which some people might be familiar with.
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The IRS Want to Know If You Trade Cryptocurrencies
Cryptocurrencies are now more popular than ever. But if you own or trade crypto, IRS wants to know about it.
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Venmo, Cash App, PayPal and Zelle Must Report $600+ in Business Transactions to IRS
Earnings over $600 through third-party payments apps will now be reported to the IRS. The new rule went into effect on January 1, 2022.
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IRS Says “Frustrating’ Tax Filing Season Will Start on January 24
The Internal Revenue Service announced that this year’s tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns.
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IRS Launches Online Tool to Register for Monthly Child Tax Credit Payments
The Treasury Department has announced a new tool to register for the monthly child tax credit created under the American Rescue Plan. This is designed to help families who normally aren’t required to file tax returns.Â
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Chase, Wells Fargo and Other Banks to Share Deposit Records for Credit Card Approvals
A group of about 10 major banks, including Chase, Wells Fargo, and U.S. Bank, will begin sharing information about customers’ deposit account records with each other as an alternative underwriting method for credit cards.
