What is Identity Theft? Identity theft is a crime where someone steals your personal information—such as full name, Driver’s License number, or Social Security number—to commit fraud. According to the FTC, identity theft is most often used for credit card fraud, tax fraud, and phone or utilities fraud. It can also take the form of
Are you doing anything to protect yourself after the Equifax data breach? If you’re like most Americans, you most likely saw it in the news but aren’t sure what to make of all the panic in the media. Data breaches are nothing new, but this particular one should cause you to sit up and take
Update: The Equifax data breach potentially affects 143 million Americans, and some of the data that may have been compromised include drivers license numbers, social security numbers and credit card numbers. Freezing your credit is the first step to protecting your accounts and your personal data. You can visit any of the credit bureau websites and freeze your
Identity theft is on the rise and banks are constantly implementing new forms of identity theft protection into the products and services they offer to their customers. By federal law, everyone is entitled to some level of fraud protection against unauthorized use of their debit or credit cards. Chase, Citibank, and Bank of America have
Ever seen that meme with Steve Carrell from the TV show “The Office” proclaiming that he changed all his passwords to “incorrect” so that if he forgets his password his computer will remind him that his password is “incorrect”? And that’s just perfect — if you’re the kind of lovable idiot he portrays. But if
Identity theft will likely the number one complaint to the Federal Trade Commission in 2015. I can state that with some conviction because identity theft has been the number one complaint to the FTC for the last 14 years. The question most of us wrestle with is this…how do I know my identity has been stolen?
Financial abuse against the elderly is real and costly. Some estimates put the total loss at $37 billion each year. While many abuses are instigated by strangers who prey on society’s most vulnerable, many losses are caused by people the victims trust. Here’s what you need to know to protect aging parents from financial fraud.