Tag: debit

Skimmers are illegal card readers attached to payment terminals — like gas pumps — that grab data off a credit or debit card’s magnetic stripe without your knowledge. Criminals sell the stolen data or use it to buy things online. You won’t know...

The first-person story of one woman’s experience with a debt relief scam – and the lawyer who helped her.

National Consumer Protection Week (NCPW) is around the corner! The annual event – March 5-11, 2017 – is a time to help people understand their consumer rights, make well-informed decisions about money, and spot scams.

Thinking about...

Many people who don’t have bank accounts rely on prepaid debit cards which you buy and add money to so you can make purchases and pay bills. But the FTC says thousands of NetSpend prepaid debit card holders had trouble getting access to cash they...

This is National Reentry Week, a time to recognize the work government agencies and others do to address the challenges facing formerly incarcerated people. Consumer knowledge helps with successful reentry, giving people the tools to better...

Patience is a virtue. So is persistence.

Three years ago, the FTC temporarily halted a sophisticated scheme run by Ideal Financial Solutions, Inc., a Nevada corporation, that defrauded millions of consumers out of tens of millions of...

Recently, I told you about the new credit and debit chip cards designed to reduce fraud, including counterfeiting.

Now, I'm reporting on scammers who are trying to take advantage of the millions of consumers who haven't yet received a chip...

Coming to a wallet near you: new credit and debit chip cards. They’re part of a nationwide shift by major card issuers to offer added security against fraud. The new cards look like your old cards with one exception: they have a small square...

You found the perfect set of bed linens and matching curtains online. You place your order and charge it to your credit card. The site says your order should arrive in two weeks. Two weeks go by, then three and four, and still no bedding or...

Use this sample to draft a letter disputing a debit card charge.

[Date]

[Your Name]

[Your Address, City, State, Zip Code]

[Your Account Number]

 

[Name of Debit Card Issuer]

[Billing Inquiries]...

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