The Clark Howard Podcast

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

Oct 10, 2024
In a timely update, listeners learn about the risks of 'blended banking' and how to identify fraudulent savings account offers from the FDIC. The discussion highlights the potential pitfalls of seller financing in real estate, particularly with rent-to-own schemes. Insight is provided on the dangers posed by fintech failures and their implications for consumer savings. Additionally, tips are shared on using insurance quote comparisons effectively and the hidden costs of low-priced goods in the modern market.
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