Have you received an official-looking letter saying you won a foreign lottery or sweepstakes? Responding to it can be tempting: After all, maybe there’s a possibility that you won some money that could turn your dreams into reality!
How many of us pick up the phone, expecting to hear, “Hey, you owe me money. Now pay up – or else”? But that’s what’s been happening recently to people in the immigrant community. Those aren’t the exact words, and the caller claims to be from the government – but that’s the message people are getting: Send money. Or else.
Do you ever look for products or information online by typing a word into a search engine? I do too. By now, I bet we both know there’s no guarantee that the first result will be the best one. Anyone can set up shop online with almost any name. You may get links to pages that are out-of-date, off-topic, or stocked with low-quality products. Here are some tips for your next search.
Your favorite band is in town and you are ready to rock. Sure, tickets may be sold out at the box office — but that’s no big deal: An ad online says great seats still are available.
Whoa, Nellie! Scammers know how badly you want to see that show. The Federal Trade Commission is getting complaints from people who, unknowingly, have bought counterfeit tickets to concerts and other events.
As Springsteen’s timeless classic reminds us, patriotism never goes out of style. What’s more, many consumers prefer clothing, cars and other products bearing a label proudly claiming to be “Born in the USA.”
Naturally, we expect “Made in the USA” product claims to be as honest as young George Washington when he copped to chopping down his dad’s cherry tree. Unfortunately, this is not always the case. That’s why the FTC wants you to know there are laws and guidelines to help you understand exactly what you’re buying — particularly if you prefer to “buy American:”
If you negotiated a short sale of your home, you may be surprised to learn that some mortgage loan underwriting systems can’t distinguish short sales from foreclosures on consumer reports. And that may keep or delay you from getting a new mortgage.
You see, borrowers who go through a foreclosure typically have to wait seven years before they’re eligible for a new mortgage. But short sellers may qualify in as little as two years. When you’re trying to buy a new home, an additional five years can seem like a lifetime. So is there anything you can do to improve your financial footing? You bet there is.