Why Do Creditors Close Credit Cards Without Notice?
Have you ever tried to use a credit card, only to discover it’s been closed without your knowledge? Or checked your credit report to find your score had dropped because the creditor closed your longest-standing account without letting you know? Having credit accounts closed when you haven’t initiated the closure can send your finances — […]Read More
What to Know About Skimmers, Shimmers and Card Security
We talk a lot about keeping your financial information safe and secure online. But what about when you’re doing business in the real world? Do you just assume your transactions are secure? Unfortunately, they’re not. Any time money changes hands — whether in person or online —there are thieves and scammers ready to insert themselves […]Read More
The Equifax Breach: What You Need to Know to Protect Yourself
According to reports released Sept. 7, hackers stole personal data, including Social Security numbers, addresses, birth dates, drivers’ license numbers, credit card numbers and credit dispute documents for 143 million consumers from credit reporting agency Equifax. The breach, which occurred sometime between May and July, has been considered one of the most damaging data breaches […]Read More
Will Chip-and-Pin Technology Keep Your Data Safe?
Target. Neiman Marcus. Michaels. It seems you can’t read the news lately without hearing of a data breach at a major retailer. The Target breach alone compromised the credit card and personal information of more than 70 million customers. The culprit in all these instances is the outdated magnetic strip technology still used on most […]Read More