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Scams to Avoid Some Automated Teller Machines are actually "skimmers" which collect your account number and PIN. The thieves then use your information to withdraw money from your bank account. Only use ATM's located at legitimate financial institutions and avoid those found in "convenience stores" and gas stations. Be careful though... even bank owned ATM's can be compromised! For example, be on the lookout for an ATM scam that was reported by the University of Texas at Austin, Police Department. Be sure to report any suspicious hardware you find on an ATM, to the bank or ATM operator, immediately.  |
Quote of the Day
"This year alone more than 500,000 Americans will be robbed of their identities with more than $4 billion stolen in their names." -CBSnews.com
Tip of the Day
Subscribe to a Credit Monitoring Service that will notify you if any changes are made to your credit report. Although getting your credit report every 6 months is a good idea, an identity thief can do a lot of damage in 2 hours, 2 days, or 2 weeks! Reviewing your report every 6 months just isn't enough. By subscribing to one of these services, you can be proactive and help prevent an identity theft event from ruining your credit!
Today's Story
"I applied for a loan in November 2000 and was told I had bad credit. I requested a credit report in November 2000 and found all sorts of crazy information on it. I'm single but was listed as married. When I renewed my driver's license by mail, I was surprised to find someone else's face on my license. This is a nightmare and requires a large amount of my time." - From a consumer complaint to the FTC, October 5, 2001
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