October 2013

Send Money Abroad with More Confidence

Today, you have new rights when you send money to family or others outside the United States.

These protections come from a new federal rule that was finalized by the Consumer Financial Protection Bureau earlier this year.

The rule applies to electronic money transfers sent by people in the United States to people or businesses in other countries. In general, the rule covers transfers sent by companies such as money transmitters, banks, credit unions and other financial services companies that consistently send more than 100 international money transfers each year. Continue Reading >

Blog Topic: 
Banking, Scam Alerts

Haunted by Phantom Debt?

Phantom debts – sounds a little like a ghostly Halloween prank. Unfortunately, it’s no joke. Some fake debt collectors may try deception and threats to pressure you to pay debts that you don’t owe. The FTC recently settled a case with debt collectors, Pinnacle Payment Services, Lisa Jeter, her partners and related companies about just these kinds of practices.

Imagine getting a phone message like this: Continue Reading >

How Some Companies Get a Sneak Peek at Your Life … Literally

Every now and then, many of us get the strange feeling someone’s watching us. Given how easy it is these days for companies to gather information about where we are, what we’re doing, and how we’re doing it, this may well be more than a feeling.

Even so, here’s one that really takes the cake: Continue Reading >

Paying for a Threat

Imagine this: it’s the hottest day of the year. (Or, since we’re getting into Fall, the coldest.) Someone from your utility company calls to say they’re about to cut off your power. You check the caller ID, and it looks like the right number – at least, it’s in your area code. You know you’ve paid your bill, and you can’t imagine what happened – but you also know you can’t afford to lose power. So what do you do?

The caller tells you: I can stop this, but only if you pay me. And, naturally, he tells you how. Continue Reading >

Blog Topic: 
Scam Alerts, Your Home