As fall weather cools down, plans for Thanksgiving and the charitable giving season are heating up. Here come the requests for donations — in your mail and email, in person, on social networking sites, through your mobile devices — you name it. Want to express your thankfulness with a gift to a charity? Find an organization that spends wisely on a cause you support, and screen out any requests scammers send your way.
Ripping off older people puts you in a special category of low-life scam artists. What about ripping off older people you know have already fallen for a telemarketing scam? That makes you a first ballot selection for the Scam Artist Hall of Shame. According to the FTC, that’s exactly what Consumer Collection Advocates did.
“Free credit scores” sounds good, right? But what if you signed up for “free credit scores,” then found out you were enrolled in a credit monitoring program that costs $29.95 per month? Not so good. That’s what the FTC says happened with a company called One Technologies, Inc.
Lots of people feel the urge to cuddle and care for a puppy – especially one that doesn’t have a home and needs all the TLC an animal lover can give. But if you see an online ad for a dog, or any pet, be warned: that pooch’s pic may just be a trick to steal your money.
Companies have left people’s sensitive personal and financial information in all the wrong places — in dumpsters, on car seats, and even in employees’ backpacks.
Now, the FTC has sued two debt sellers for posting spreadsheets with the sensitive information of more than 70,000 people on a public website, making it — along with information about a debt they might owe — available to anyone who happened on the site.
The FTC offers free materials to help people understand money issues. So when teachers from across the country meet annually to improve their own financial literacy, and increase their ability to teach personal finance in school, we’re ready to help.
Counsel, FTC, Division of Consumer and Business Education
According to a recent survey, half of Americans dread holiday shopping. Whether you love or hate it, we’ll be in the thick of the season before you know it. Doing some advance planning can take the edge off that dread. If you’d like some tips on making the most of holiday shopping, join us for a Twitter chat with the Department of Defense's Military One Source, the Consumer Financial Protection Bureau, and Military Saves on Thursday, November 6 at 2:00pm,Eastern time. We’ll discuss our tips on saving and budgeting for holiday expenses, being a savvy online shopper, steering clear of online scams, and what to do if you run up too much debt during this time of year. We’d especially like to hear from all you servicemembers, veterans, and military families out there. Use the hashtags #MyMilFam and #MilConsumer to be part of the conversation.
I know, you’re probably still eating the leftover Halloween candy and here I am talking with you about the end of year holiday gift giving season. I mean well, really I do. With a little planning, you can take the daze out of the holidays and save a few bucks, too. So here are a few tips to consider.
You want to buy a car and need financing, but your credit isn’t so great. Most dealerships have a Finance and Insurance (F&I) Department that will tell you about their financing options. To get the process started, the F&I Department will ask you to complete a credit application, which includes your monthly income and information on current credit accounts, including debt you owe. At least that’s how it’s supposed to work.