Recent headlines about data breaches at retail stores and universities may have you wondering if there’s anything you can do to help protect your credit going forward. The Federal Trade Commission (FTC), the nation’s consumer protection agency, says the answer is yes. One option is a credit freeze.
Sunday marks the 16th annual National Consumer Protection Week. The Federal Trade Commission stands with 74 federal, state and local agencies and organizations to stand up for consumers by highlighting the very best in consumer education resources.
A friend at the office was just asked to serve as the guardian of her aunt’s property and help manage her finances. That started a conversation around the lunch table: It turns out that several of us know people who have signed papers making them responsible for helping a friend or family member manage their money or property — that is, who serve as fiduciaries.
Fiduciary responsibilities depend on the needs and circumstances of the person you’re helping and on state law, but all fiduciaries have basic legal duties. The Consumer Financial Protection Bureau describes the duties in a new series of publications
If you’re lookin’ for love (sometimes in all the wrong places), chances are you’ll wind up on an online dating site at some point. Those who use dating sites can attest: you’ll meet some nice people there – and you’ll probably meet some weird people, too. You’ll have good dates and bad (and great and awful). And, unfortunately, as some people can attest, you might just meet some scammers.
As an agency with civil law enforcement authority, the FTC likes a criminal bust as much as anyone. And, just last month, our colleagues at the Department of Justice (DOJ) and U.S. Postal Inspection Service (USPIS) delivered a good one. Listen to this.
The most romantic day of the year is almost here. And while you’re daydreaming about the great chemistry between you and your Valentine, you also might think about whether you’re a financially compatible couple.
So how can you tell if you’ve got fiscal attraction? Play our quiz to check out how your significant other stacks up in the financial department.
Imagine getting an official-looking letter — with a seal, signed by a judge — that says you owe a lot of money for an unpaid payday loan. Awfully intimidating, right? Especially if it included your correct name, address, and maybe even your Social Security number.
In a new twist on an old scam, criminals are impersonating law firms, judges, and court officials. They send out scary letters and make threatening phone calls about phantom debts to try to convince people to send them money.