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‘Lot of scam artists in the water’: CNN financial expert gives tips for surviving the COVID-19 economy

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A financial expert on Tuesday gave CNN viewers a crash course in how to handle their personal finances in the middle of the COVID-19 economy.

In an interview with host John Berman, HerMoney.com CEO Jean Chatzky warned that many scammers right now are trying to take advantage of people’s dire credit situations caused by the COVID-19 recession.

“Right now we have seen a lot of scam artists in the water,” she said. “We want to make sure that we… are taking care of handling your situation well.”

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She said that the best way to avoid getting into a desperate situation is maintaining a high credit score, and she said that people should make sure to use all their credit cards for at least one purchase a month, as credit card companies are now enacting stricter credit limits on cards that are rarely used.

Chatzky also advised people who are hunkering down and not making any major purchases during the pandemic to freeze their credit.

“It is a great move to protect yourself against identity theft,” she said. “We have got a step-by-step guide on how to do it at HerMoney.com, but it is really easy, get in touch with the credit bureaus, say you want to freeze online or on the phone, and you don’t have to worry about somebody else taking out credit in your name.”

Watch the video below.


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2020 Election

‘Very good news’: Law prof praises Kentucky’s bipartisan compromise to allow everyone to vote by mail

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The state of Kentucky was praised on Friday after a bipartisan agreement was reached to expand voting by mail during the COVID-19 pandemic.

"Any Kentucky voter wary of the risk of COVID-19 will be able to vote in the Nov. 3 general election by mailing in an absentee ballot. Voters will also have the option of casting a ballot in person during the three weeks leading up to the election, or waiting until Election Day," the Lexington Herald-Leader reported Friday.

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‘Proof of Trump’s dementia’: President ridiculed as ‘delusional’ for his latest claim about the 2020 campaign

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President Donald Trump said his campaign is trying to win the state of New York in the 2020 presidential campaign.

While on his way to a weekend at his Bedminister Golf Club, Trump tweeted a picture of a New York Post cover with the president claiming the state is "in play" during the 2020 presidential election.

"Just landed in New York to see my brother, Robert. We’re going for New York on November 3rd. We’re going to Reduce Taxes, Increase Law Enforcement, and bring it back BIG TIME!" Trump claimed.

The president was quickly ridiculed for thinking New York is in play, when election analysts view New York as a safe state for Democrats.

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Inspector General probing Trump’s Postal Service moves — and the ethics of Postmaster General Louis DeJoy: report

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According to a new report from CNN, the internal watchdog at the United States Postal Service is investigating policy changes at the agency under Postmaster General Louis DeJoy. The watchdog is also looking into whether or not DeJoy is complying with federal ethics rules.

"Lawmakers from both parties and postal union leaders have sounded alarms over disruptive changes instituted by DeJoy this summer, including eliminating overtime and slowing some mail delivery," CNN reports. "Democrats claim he is intentionally undermining postal service operations to sabotage mail-in voting in the November election -- a charge he denies."

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