Are Mortgage Advertisements Truthful?

Q: I’m in the process of applying for a mortgage, and some of the advertised rates seem too good to be true. Are all mortgage advertisements truthful? A: When shopping for a mortgage, you’re bound to see some advertised rates that are incredibly low. But, as you correctly assume, mortgage advertisements are not always entirely straightforward. Often,…

Credit Card Fraud in Fives

No one wants to be the victim of credit fraud. Aside from the stolen money you may never recover, victims of fraud can be faced with an enormous hassle. That hassle involves the closing of accounts, putting a fraud alert on your credit and a huge ding on your credit history, which can be difficult…

Student Loan Scams

College students, take note! If keeping up with your coursework, acing your exams and scrambling to hand in every term paper before the deadline weren’t enough, you now have something else to worry about: Student loan scams are on the rise. Scammers know you hate owing tens of thousands of dollars, so they’re quick to…

Syncing Your Phone to Your Car Can Put You at Risk

In our uber-connected world, pressing a button on the steering wheel to make a phone call is already second nature for many of us. With just a few taps, we can pull up our favorite playlist, read recent emails and even send a text message. Using our cars like a phone and storing information in…

How to Protect Yourself from Identity Theft

Chances are, you or someone you know has had their identity stolen at one point or another. It can be expensive, stressful and extremely complicated to recover from. Here are seven ways to help protect yourself and your most important data from identity thieves. Secure Your Hard Copies Most of us think of identity theft…

Beware of Debt Relief Scams

Anyone saddled by debt would love a quick way out. After all, it isn’t easy to be constantly squeezed and stressed out from more debt than you want. Unfortunately, though, unless you’ve won the lottery or suddenly inherited millions, there really is no way but the slow way. You’ll need to make those monthly payments…

ATM Jackpotting Scam

Hitting the jackpot in an arcade game is enormous fun. You stand there grinning as the tickets keep pouring out. And then you get to choose a cool prize to take home. Recently, though, scammers have given this awesome kind of win a sinister twist by bringing the jackpotting mechanism to Automatic Teller Machines (ATM)….

Medical Identity Theft

Scammers never rest. Even when the government and financial institutions take added measures for protecting consumers against fraud, scammers are dreaming up new ways to con you out of your money – and your identity. In the latest wave of identity theft, scammers are cashing in on Medicare’s extra level of protection. In order to…

Beware These Tax Scams

They’re at it again! Every year, tax season brings a fresh crop of scammers with yet another way to con you out of your money – and sanity. The IRS and the FTC are both warning the public about a series of tax-related scams to be wary of during this busy and stressful time. You…

Beware of Inheritance Scams

Who doesn’t dream of becoming an instant millionaire? You might even have some detailed plans for how you’d spend an unexpected windfall if it were to happen. Imagine if a distant relative who’d been rolling in the stuff suddenly passed on and left you as their sole heir. Your dreams could now become a reality!…