The Clark Howard Podcast

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

Save more and spend less is more than just a motto for money expert Clark Howard; it’s a way of life. Clark and his crew — Team Clark — are on a mission to empower people to take control of their personal finances by providing money-saving tips, consumer advice, hot deals and economic news to help everyone achieve financial freedom. Clark is a nationally syndicated radio talk show host and a consumer reporter for television stations around the country. His podcast, The Clark Howard Show, receives more than one million downloads each month and is a hub for listeners to get valuable advice on-demand any time. Clark answers questions on the most popular business and consumer topics including; how to buy a cars, financing a home, retirement planning, shopping for insurance and getting the most out of your savings. Join the conversation and submit your question to www.clark.com/askclark . Clark spearheads two free resources — Clark.com and ClarkDeals.com — to encourage consumers to save more, spend less and avoid ripoffs.