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.
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...
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.
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.