by Denise Richardson
Financial trouble has been cited as the number one threat to service members’ security clearance. A recent report by the Financial Industry Regulatory Authority found that nearly 27 percent of military families have at least $10,000 in credit card debt –compared to 16 percent of civilian adults. … Continue Reading
by Jim Malmberg
February 13, 2013 – There have been numerous studies showing that credit reports frequently contain inaccurate information. Now a new report from the FTC confirms this; showing that 40 million Americans have incorrect data showing up on their credit reports. And 20 million of those people have significant errors on their reports; that’s 10% of all people with credit. If these numbers don’t frighten you then consider this. … Continue Reading
by Debra N. Diener J.D. CIPP G
It is so important to learn about financial privacy — your rights and your ability to have greater control over what financial institutions do with your personal financial information. The Federal Deposit Insurance Corporation (FDIC) has a website that provides an array of consumer-oriented reports and information. … Continue Reading
by Robin Slade
Before your child can understand their risks of fraud, they must first have a solid understanding of financial fundamentals. Helping your kids grow up with good money management knowledge & skills can be challenging. It’s hard to keep an adult’s attention when talking about topics like saving, spending, budgeting, investing, protecting, and debt management, so how do we expect children to have an interest? FraudAvengers found several creative web-based resources to inspire and educate kids to understand financial basics and develop valuable money skills. Among our favorites are: … Continue Reading
When getting on a flight that’s three to five hours (or more), many business professionals wrestle in their heads whether to spend the $12.95 on airplane WiFi, take a nap or watch the movie—or, if their company is paying for it, they might do all three. But here’s the thing: If you are connecting to WiFi on a plane and have all these company secrets on your device and all this client data, do you really think it’s a good idea to connect? … Continue Reading
The BBB is dedicated to fostering honest and responsive relationships between businesses and consumers in the U.S. and Canada, instilling consumer confidence and contributing to a trustworthy marketplace for all. … Continue Reading
Last weekend, the daily deals service LivingSocial announced that its database had been hacked, granting the cyber intruder access to the e-mail addresses, encrypted passwords and birth dates of more than 50 million users worldwide.
This is only the latest of many recent hacks. With customer data breaches becoming increasingly common, what should you do to protect yourself? … Continue Reading
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by Robin Slade
The May 7th Federal Trade Commission (FTC) Senior Identity Theft: A Problem in This Day and Age panelists related that seniors are often preferred targets, especially for medical identity theft. Fraudsters, who may include unscrupulous relatives and/or caregivers, … Continue Reading
