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.
Strapped for cash? You might think an online payday loan is a quick and easy way to help stretch your money. But before you enter your bank account or any other personal information on a payday loan website, back away from the keyboard! That online payday loan might be a window to a scam.
Another day, another announcement about a data breach.
As news trickles out about retailers that have been hacked, you may be wondering what you can do to protect yourself from fraud. Even if you’re not sure that your accounts have been affected, you can do a few things to protect your accounts, your money, and your credit reputation.
A dune buggy struggles near the top of a steep sand dune — some optimistic off-roader clearly overestimated what it could do. But wait — a Nissan Frontier suddenly zooms up the hill and powerfully pushes the buggy over. It’s amazing — even the people standing there can’t believe it! No really, they can’t. Because it didn’t really happen, the FTC says.
When you’re caring for a baby, diapers and wipes rank high on the list of essential products. And when a company advertises those products as biodegradable, compostable, or “eco-friendly,” it’s essential that those claims are accurate and truthful. Down to Earth Designs, Inc., which makes gDiapers, has settled Federal Trade Commission charges that the ‘green’ claims it made for its disposable diaper pants, liners and baby wipes were deceptive.
Have you ever tried to pay for things with a check and the transaction was declined even though you had money in the bank? It might be because a consumer reporting agency gave the retailer negative information about your credit history – including your checking account history – or indicated that you could be a bad credit risk for other reasons.
Quick: name a way your kids could rack up hundreds of dollars in charges in under 15 minutes without you being the wiser.
One answer: through an app on your iPhone or other Apple device.
Today, the FTC announced that it has reached a settlement with Apple, resolving allegations that the company didn’t get parental consent for many of the charges racked up by their children in kids’ games.
When you arrange a funeral, you have many decisions to make. Accurate information makes it easier to sort through your choices. The Federal Trade Commission enforces the Funeral Rule, which requires funeral providers to give consumers certain information about their goods and services.