The clock is ticking, and you’re on the hook to find just the right gift this holiday season. Perhaps you’re shopping at the last minute; maybe the giftee is really picky; or, if you’re like I am, maybe you just don’t feel like dealing with wrapping paper! Regardless, a gift card or certificate may seem like a great solution: it’s a quick buy for you and it presents plenty of options for that person on your list.
As you go shopping for gift cards, remember to read the fine print before you buy. Yeah, time is precious and you may not have enough of it to read the details, but there are a few important things to look for.
The Federal Trade Commission is distributing a total of $5.9 million in refunds to more than 316,000 people who bought various products that claimed to help people lose weight and prevent cancer. The FTC said that Central Coast Nutraceuticals, Inc., used misleading claims, deceptive free trial offers, and phony endorsements to market Acai Pure as a weight loss product and Colotox as a cancer prevention supplement, and must refund money to consumers who bought them.
Target has announced that any credit or debit card used in a Target store in the U.S. between November 27 and December 15 may have been compromised. According to the announcement, the stolen information includes the customer’s name, credit or debit card number, and the card’s expiration date and CVV1 (a security code stored on your card's magnetic stripe).
In light of this announcement, the FTC has this advice...
Adults living at home, in an assisted living facility or a nursing home may use portable bed rails for help getting in and out of bed. The U.S. Consumer Product Safety Commission and the U.S. Food and Drug Administration have new resources for consumers, caregivers, and health care providers about bed rails — how to shop for them, how to install and use them safely, what risks they may create, and where to report a problem.
There’s so much to look forward to in the spring — warmer weather, cherry blossoms, March madness, spring break, and… privacy seminars. That’s right: nothing says spring quite like the FTC’s upcoming Spring Privacy Series. These two-hour seminars will explore new and emerging technologies and their impact on consumer privacy.
If you’re looking for a way to manage your debt, the last thing you need is to get ripped off by a company that promises to help. According to the Federal Trade Commission, that’s what happened to people who paid hundreds of dollars each to Southeast Trust, LLC. The company contacted people through illegal robocalls and claimed it was a non-profit group that could get them credit card interest rates as low as zero percent. The FTC recently got a $2.7 million judgment against the company and banned it from making illegal robocalls and providing debt- and mortgage-relief services.
Have you checked your mobile phone bill lately? See any charges for random text messages you get? Not reading your statement with an eye out for fraudulent charges crammed onto your bill can be a costly mistake.
If you’re a homeowner, you know there’s more to getting set for cold weather than digging out your coat, scarf, and favorite fuzzy boots; it’s time to make sure your home is winter-ready too. More than half the energy a typical home uses goes toward heating and cooling. The Federal Trade Commission has some energy saving tips to help you get the most from the energy you use and avoid a home-heating scam.
Many homeowners struggling to make mortgage payments look for practical payment alternatives: they might try to convince the lender to modify the loan terms, ask for a temporary reduction, or maybe try to refinance the loan. The Federal Trade Commission’s settlement with American Mortgage Consulting Group illustrates one alternative to stay away from: paying a company a fee to modify a mortgage before they deliver the results they promise.
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.