Stretching Your Dollar: How A Government Shutdown Could Impact Your Finances
A looming government shutdown could have an impact on the finances of everyday workers. Federal worker, in particular, could face furloughs and stoppage of pay, while the everyday American is likely to be less impacted. Andy Smith, executive director of financial planning at Edelman Financial Engines, joined 'Stretching Your Dollar' to tell viewers what they should expect in the coming weeks if the government is unable to avert the shutdown.
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The Consumer Financial Protection Bureau says that buy now, pay later lenders are basically credit card providers and must provide the same protections.