10 Tips for Safe and Private Holiday Shopping


As the holidays approach, consumers are more likely to be visiting crowded stores and malls.  Scam artists and fraudsters know this, so they are likely to be lurking there too.  Privacy Rights Clearinghouse is pleased to offer these helpful tips to protect yourself during this often hectic holiday season.

Dump Your Debit Card! New Guide Explains Your Card Payment Options


The PRC advises that most consumers should not use or carry a debit or check card.  The guide explains the eight major shortcomings of these cards and suggests alternatives for consumers to consider.  Paul Stephens, PRC’s Director of Policy and Advocacy, elaborated, “Scammers have become quite sophisticated in gaining access to your card information.  Most people don’t realize that lost, stolen, or compromised debit cards can provide an open door for fraudsters to empty your bank account."

New Look for Prescreened Credit and Insurance Offers


tarting August 1, 2005, unsolicited offers for credit or insurance that are based on information in your credit report should be easier to spot.

New regulations adopted by the Federal Trade Commission now require notices to prominently display the toll free number (1-888-5OPTOUT or 1-888-567-8688) to opt-out. Now, this number, along with a statement that you can stop the unsolicited offers, must appear - in at least 12-point type - on the first page of the offer.

Privacy Groups Urge Federal Reserve Board to Protect Consumers from Identity Theft and Stolen Convenience Checks


As the Board is well aware, identity theft is the fastest growing crime in America. The Federal Trade Commission (FTC) estimates that identity theft claims nearly 10 million victims annually, costing millions to consumers and business alike. Significantly, a high percentage of identity theft complaints involve fraudulent use of open-end (revolving) credit products, particularly credit cards. Unsolicited credit products such as convenience checks and activated cards sent through the mail create opportunities for theft. For this reason, we limit our comments here to questions posed by the Board that have broad implications for victims of identity theft.

Showing 11-16 of 16 results
Syndicate content


X

Sign In!

Loading