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Protect Your Identity

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Credit Locks vs. Credit Freezes — What’s the Difference?

Are you concerned about keeping your credit information safe from identity theft? You should be. It seems data breaches and scams designed to hoodwink the public are becoming more common. According to the Federal Trade Commission (FTC), they received fraud reports from 2.8 million consumers in 2021 (an increase of over 70% from 2020), with...

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Mobile Wallets vs. Digital Wallets: What’s the Difference?

We’ve got 3D printers. Teslas. Computers that can beat humans at chess. And yet in the United States, most of us are still using chip-and-signature credit cards and cash. It’s a new decade — shouldn’t we be paying for groceries with our eyeballs by now? Yes, and we’re almost there. Mobile wallets, which are already...

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What Is a Data Breach? What Should I Do If I Am a Victim of One?

On average, a cyberattack occurs every 39 seconds and with a steady track record of mass digital data breaches since the first in 2004, hackers don’t seem to be slowing down. Although cyber criminals have a tendency to target larger companies, millions of customers can be placed in the line of fire by association. For...

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How To Protect Yourself From Credit Card Fraud: Scams, Skimmers, and Phishing

The Federal Trade Commission reported that people lost more than $5.8 billion to fraud in 2021, an increase of more than 70% over the previous year. And the problem shows no signs of getting better. While there may never be a shortage of scammers and fraudsters vigilantly working to steal your personal information, there are...

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Fraud Alerts: How To Place Them and What To Know

Your credit reports are full of sensitive and personal information – information that could become quite harmful if it fell into the wrong hands. Being proactive about protecting your data is more than smart – it’s downright essential. Although it’s impossible to keep your data 100% safe from data breaches and identity thieves, it never...

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Consumer Protection and Credit Legislation

As a consumer navigating the credit world, it is important to know your rights. There are several federal laws giving you certain rights when it comes to your credit and financial activity. Individual states may also have consumer protection laws on the books. The Equal Credit Opportunity Act (ECOA) The ECOA prevents creditors from discriminating against you...

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Dealing With Fraud and Identity Theft

Fraud and identity theft are big problems. Over three million consumers filed fraud and identity theft complaints last year alone, according to the Federal Trade Commission. Fraud vs. Identity Theft Fraud and identity theft are both crimes. But different people use these terms in different ways. Often, credit-related fraud occurs when someone uses your existing...

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2021 Annual Study: Identity Theft & Credit Card Fraud Has Exploded in Recent Years

Reports of identity theft and credit card fraud have skyrocketed in recent years. To best protect your credit, it’s important to understand the main sources of credit card fraud in the U.S. and how they have changed over time. When armed with the facts, you can turn the fear of fraud into knowledge that can...

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