Is Temu legit? (5 22 24)

Author

Anthony Hazzard
May 22, 2024

💵 Today’s Top Stories
Temu

Online marketplace Temu splashed onto the scene with a Super Bowl commercial. It offers up to 90% off, free shipping and free returns. Is it the real deal? Team Clark tested it to find out. Read more.

Scam alert

There’s a major scam and it’s impacting drivers across the nation. If you get a text or letter about a toll violation, don’t just pay it! Before you hit the road to commute or travel, read this. Read more.

Financial Advisor

Figuring out how much a financial advisor costs can be challenging. How do you know if you’re paying too much? This guide walks you through everything you need to know to make sure you’re not getting ripped off. Read more.

Credit card spending

There’s a new rewards credit card and it comes with some decent perks. Our credit card expert takes a deep dive to see if it’s worthy of your consideration. Read more.

💸 Today’s Top Savings Rates

Check out our updated list of Clark.com-approved high-yield savings accounts with the highest rates. Here are the top five APYs on our list as of May 22, 2024.

Savings Chart
📊 Stat of the Day

💰️ $500: The max price (set by Square) that companies can charge customers for a “no show” or “cancellation” fee. Clark is increasingly seeing these fees pop up for consumers and addresses what you need to know in today’s podcast.

💰️ Deal Alert: Today’s Top Deals
Grad
Iceland
🎙️ Podcast

The United States economy is the strongest in the developed world right now. But budget deficits have put us in the position to experience inflation and several other issues. A new report predicts that both Social Security and Medicare will run out in the 2030s. What does Clark think? Also, Clark has long discouraged using automatic payments because inaccurate bills can really screw up our wallets. But things have changed and Clark has a specific reason why automated payments are actually a good idea right now.

☎️ Need Money Help?

The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.

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