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September 2010 Breaking News

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More credit card protections for consumers went into effect August 22.

These changes cover penalty fees, late fees, inactivity fees, explanation of interest rate increases, and re-evaluation of recent interest rate increases.

 

August 2010 Breaking News

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Mortgage loan rates keep dropping. Time to get a new mortgage or refinance? Read our RealityCheck Report.


Beware of a growing scam on social networking sites.

Scammers are using Facebook, Twitter, YouTube and other sites to snare victims in Ponzi schemes. Read this CBS MoneyWatch article for more details.

   

July 2010 Breaking News

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Getting constant phone calls, but only dead air or recordings when you answer?

You could be targeted in a new scam directed at stealing money from your accounts, according to the FBI. The new scam combines an earlier "phishing" attack (when thieves stole your account numbers and/or passwords) and a later attack tying up your phone (a "denial of service" attack) so that your financial institutions can not reach you for verification while the thieves clean out your accounts. Read the FBI consumer alert.

   

June 2010 Breaking News

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Getting constant phone calls, but only dead air or recordings when you answer?

You could be targeted in a new scam directed at stealing money from your accounts, according to the FBI. The new scam combines an earlier "phishing" attack (when thieves stole your account numbers and/or passwords) and a later attack tying up your phone (a "denial of service" attack) so that your financial institutions can not reach you for verification while the thieves clean out your accounts. Read the FBI consumer alert.




Summer Vacation Coming Up?

Read this Identity Theft and Privacy Primer before leaving the house. Why? "When you travel, your risk of exposure to fraud and identity theft may increase," says the Privacy Rights Clearinghouse, author of this excellent primer.

   

May 2010 BREAKING NEWS

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Facebook has announced major changes in the way it allows you to handle privacy decisions—and the changes are good. It's easier to make sure you control who sees your private information, not Facebook. But here's the rub…

Want to comment to the Federal Trade Commission on possible revisions to the FTC's Children's Online Privacy Protection Rule (COPPA rule)? Read more about the review here. Find comment form here.

Read more: May 2010 BREAKING NEWS

   

April 2010

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Looking to buy a home? The deadline for qualifying for the first-time and existing owner homebuyer tax credit is April 30, 2010. This IRS page has more details.

Will the changes to the federal student loan program benefit you?

   

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Web Links

September 2010

Floods in Pakistan: FTC Warns Consumers to Give Wisely. Following these tips will help you make sure your money goes to aid the flood victims.

Do you like to give or use gift cards? Then you'll like these new rules for gift cards.

Concerned abourt your privacy online? Then check out the articles in Consumer Action News' Summer Issue.

Disasters can have unexpected consequences that impact your privacy and your personal information. This article from the Privacy Rights Clearinghouse can help you be prepared.

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