The Clark Howard Podcast

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


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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


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