The good news is there are a number of ways to protect yourself from dirty money
Financial experts state that consumers can help protect themselves from this type of fraud by making smarter credit decisions. In this case, many of the applicants were found through payday loan websites.
New financial services can keep you secure, or put you at risk Tech bloggers fantasize about the days when wallets will be obsolet e— all your business cards, photos, credit cards, and ID will be stored on your smartphone. While this can make your financial life more risky, it can actually be a more secure …
The Hacker Demos Android App is an Android software tool called the “NFCProxy”. This app has the ability to read and then play back the data it collects from a contactless credit card. Since the hacker is using a cell phone to retrieve this information, victims are none the wiser.
But recently the FTC has filed suit against Wyndham Worldwide, owner of hotels such as Ramada Days Inn, Travelodge, Super 8 and Howard Johnson and resorts around the world as well as time share/vacation ownership participating providers.
If you have then you will be interested in a new official government database which is now available to the public which offers you the opportunity to “read all about it” when it comes to complaints about credit cards.
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.
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.”
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.
before you can say “Let’s go to Disney!” that credit card information is being used as a stolen card and many charges for now stolen goods are adding up until it reaches that maximum capacity (or maximum balance) stage. Or maybe they are using that credit card information to create a whole new you, and not the one that returns back home ready to work and handle daily life’s stresses, but a whole new identity involving you.