Online safety tips while shopping this Father’s Day
Secure retailers are PCI (Payment Card Industry) compliant. If your credit card information is saved with a retailer that is not PCI compliant, you could be at risk.
Money
Does the Card Act discriminate against stay at home moms and dads?
Is the ability to obtain credit really that important or necessary for a stay at home mom or dad? There are certainly those who believe it is and some have already taken action to initiate reform.
Jail time for unpaid debts: Debtors prison making a comeback?
According to the ACLU: “The sad truth is that debtors’ prisons are flourishing today, more than two decades after the Supreme Court prohibited imprisoning those who are too poor to pay their legal debts. In this era of shrinking budgets, state and local governments have turned aggressively to using the threat and reality of imprisonment to squeeze revenue out of the poorest defendants who appear in their courts.”
5 Ways to Make Sure Your Teen Is Using Their First Credit Card Safely
There’s nothing wrong with teaching your teen how to build and use credit responsibly, but if you’re going to pick up a piece of plastic for your kid these days, you need to be extra-vigilant about how they use it. Why? Because credit card theft has changed since you were a kid.
Identity theft makes strange bedfellows
“The schemes and the imagination of these thieves is mind boggling,” said New York City Police Commissioner Raymond Kelly at a press conference. “These crimes are getting more sophisticated and thieves have amazing knowledge of how to use technology.”
How much credit card security is too much?
Can there be too much security when it comes to your credit cards? Some people refuse to give their cards to a waiter, preferring to take the card to the cash register themselves. What do you do about security for your credit cards?
New IRS reporting system affects PayPal accounts
Businesses that process payments through credit cards, debit cards or payment merchants like PayPal beware. The IRS has a new reporting system and surprise, surprise, according to a Treasury Department audit released July 26, 2011 the system that includes “a revised form” that may be flawed. Imagine that? In 2008 the enacted Housing and Economic Recovery …
New IRS reporting system affects PayPal accounts Read More »
A first person Ponzi scheme experience
I recently had the opportunity to learn more about Ponzi scheme out of Florida. One of the employees victimized by this scheme and company shares her experience with Identity Theft Secrets. K. Balbi, in 1992, worked for a food wholesaler that is now out of business called Sweet Life Foods. Back then they were prominent …
Citigroup joins group of online hacker victims
The Citigroup attack took place on May 10th 2011 and it immediately compromised 21 million online accounts. Citigroup said that less than 200,000 accounts were affected but that number has since grown to almost 400,000, and the number could rise even more in the coming weeks.
Is Google in Your Wallet?
Everybody loves shopping, and everybody loves getting great deal on products that they buy. Today Google announced their latest product that will be coming this summer. Google’s latest venture is called Google Wallet, and it will be coming to an Android smartphone near you soon. NFC Technology is the future In 2009 MasterCard started deploying …