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.
Imagine this: You’re at home one evening when a sudden storm knocks out your power. You reach for that flashlight you keep in the kitchen drawer just for emergencies. You flip the switch, and the flashlight asks for your location. That would be weird, huh?
Well, that could be exactly what’s happening — on your phone.
You may be devoted to your phone, but not so thrilled about some of the calls you get. If you want fewer telemarketing calls, add your number to the National Do Not Call Registry. It’ll be in good company: the Registry has a total of 223 million active numbers whose owners chose to limit the telemarketing calls they get.
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.
Like helping people avoid scams? Then you might like to know that the FTC has named Jan. 13-17 Tax Identity Theft Awareness Week, and will host national events like a webinar and Twitter chat, in English and Spanish, as well as regional events.
Scammers pushing empty promises of wealth from business opportunities never cease to be creative. They come up with ideas that sound so detailed and timely that the deal has to be legit…at least, that's what they want you to think.