Now that the holiday season is in full swing, you may be thinking about donating to your favorite charities. This time of year also brings more attention to our deployed personnel, their families living stateside and our veterans. Lots of folks wonder how they can support the troops. Many organizations tout themselves as a way to give back to those who serve. But not all charities are legitimate – some are out to make a buck for themselves. Some spend more money paying their fundraisers than supporting the military community. Here are a few things you can do to prevent shady groups from cashing in on the cachet of the military.
For many of us, the holiday season and shopping go hand-in-hand; it can be tough not to pounce on those big deals when you see them. But if you use a credit card to pay, remember you’re borrowing money you’ll have to pay back. What’s more, if you’re counting on making only your card’s minimum payment, you could end up paying much more in interest than you’d save on the deal.
If you’re planning a funeral — either making arrangements with family or friends before you have to or when a loved one dies — you need information about all sorts of things. The FTC conducts undercover inspections of funeral homes to make sure they’re complying with the federal regulation that gives you the right to get an itemized price list before you commit to any arrangements.
The scenario: You want to sell your car without any hassles for a fair price. So you place an ad on a community website hoping for a quick sale. Shortly thereafter, you get a call from what sounds like an auto company. For a fee, the company promises to put you in touch with a buyer. If your car isn’t sold, they promise to refund your money. So you go ahead and pay the fee, and wait for the company to present a buyer for your car.
These days, it’s not always clear where news or entertainment ends and advertisements begin. That’s why the Federal Trade Commission is gearing up for its “Blurred Lines: Advertising or Content?” workshop on Wednesday, December 4, 2013. Panelists at the daylong workshop will look at advertising that resembles the content it’s embedded with.
Forget the turkey — are you craving some Cyber Monday deals? A little research can help you get the best deal and avoid hassles. Here are some tips to help you save some money and protect your financial information.
What do bogus government grants, business opportunities, and free trial offers have in common? According to the FTC, they were all part of an elaborate scheme that cost consumers more than $275 million dollars.
Eyeballing that chic dress in the store window, but don’t have enough cash on hand to buy it? Maybe you need that new set of tools, but your checking account is hovering around its minimum? If the store you’re buying from offers a layaway plan, you might consider using it when you don’t have all the money you need to pay for something you’d like to buy.
The FTC’s mission is to protect consumers. And one group of consumers who can face specific kinds of challenges? Our military community. For many young servicemembers, time in the service is their first full-time job. Military families may move around regularly as they change duty stations.