en-us Foolproof InformationEdge - Cecil County School Employees Federal Credit Union http://ie.foolproofonline.info/ccsefcu/ A youth website to engage young people in consumer issues. Wed, 20 Sep 2017 11:26:01 -0500 Wed, 20 Sep 2017 11:26:01 -0500 Copyright 2002-2017 FoolProof Financial Education Inc. niels@foolproofhq.com http://ie.foolproofonline.info/ccsefcu/ Foolproof InformationEdge - Cecil County School Employees Federal Credit Union /common/cu_files/10.jpg 60 60 Foolproof InformationEdge - Cecil County School Employees Federal Credit Union Sneak Peek Into 10 Future Jobs! http://ie.foolproofonline.info/ccsefcu/gen_y/futjo/ <p>Critical thinking. Communication. Collaboration. Creativity. Four words that summarize the skills that can really help you prosper in the 21st century! As society and technology changes, working conditions also change and so do the professions of the future.</p> Gen Y with Will Tue, 19 Sep 2017 07:30:59 -0500 Massive Equifax Data Breach. What You Need to Know http://ie.foolproofonline.info/ccsefcu/news/equbre09_17/ <div class="bg"> <h1 class="bullet">Massive Equifax Data Breach. What You Need to Know.</h1> <img src="/common/ie/images/img_303.jpg" border="0" alt="" class="float_right" style=""/> <p>On September 7, 2017, Equifax, one of the big 3 consumer credit reporting agencies, announced that sensitive information for 143 million American consumers including names, Social Security numbers, birth dates, addresses and driver's license numbers were stolen by hackers.</p> <p>In addition, credit card numbers for 209,000 consumers and documents that are used in disputes containing personal information of 182,000 people were stolen. Equifax is only sending direct mail notices to consumers whose credit card numbers or dispute documents were stolen.</p> <p>Identity thieves can use the stolen data to get credit cards or other lines of credit, use your existing credit cards, open utility accounts, or impersonate you in other ways.</p> <p>The hackers accessed the various files in Equifax's system from mid-May through July 2017. The company says that it discovered the breach on July 29th and hired a cybersecurity firm to determine what data was stolen. Yet, this breach was not disclosed to consumers until September 7th which allowed the hackers more time to use the stolen data.</p> <p>Are you affected? There is a high probability that you are, since approximately 45% of the entire U.S. population may be impacted.</p> <p>Equifax has set up a dedicated website, <a href="http://fpme.li/6rfcn6n2" target="_blank">equifaxsecurity2017.com</a>, with information about the breach. If you really want to know if you are impacted, you can check on this website but you must provide your last name and the last six digits of your Social Security number. There were problems with this initially but it may now be fixed.</p> <p>Equifax is also offering all consumers identity theft protection service for 1 year. You have the option to enroll in Trusted ID Premier which is an Equifax company. Once you provide your last name and the last six digits of your Social Security number, you will receive an enrollment date. You can't sign up before then. Even though the service provides monitoring for all 3 credit reports, it only allows you to lock and receive copies of your Equifax credit report. You will still need to manage your other credit files separately. Experian has added an FAQ to their website to confirm that if you enroll in the free credit file monitoring and identity theft protection they are offering you will not waive your right to take legal action.</p> <p class="orange"><br><strong>What Should You Do?</strong></p> <p>You should take the following steps whether you are impacted by the breach or not.</p> <p><em>Freeze your accounts at all 3 credit bureaus.</em> This is the most effective way to protect yourself from identity theft. Thieves won't be able to establish new credit in your name even if they have your personal information. A freeze has no impact on your existing lines of credit such as your credit cards. It will cost you a small fee which ranges from $3 to $10 per person per bureau to freeze your accounts. If you need to apply for credit, you can "thaw" your account for one creditor for a specific period of time using a personal identification number. Thawing may also cost a fee ranging from free to $10. Here are the instructions for placing a freeze at <a href="http://fpme.li/rkd8mhqa" target="_blank">Experian</a>, <a href="http://fpme.li/mz9rv239" target="_blank">TransUnion</a>, and <a href="http://fpme.li/97xjcuu8" target="_blank">Equifax</a>. You may also want to freeze your report at <a href="http://fpme.li/jzsb6d59" target="_blank">Innovis</a>, a lesser-known consumer reporting agency.</p> <p><em>Place a fraud alert on your credit reports.</em> A fraud alert is not the same thing as a credit freeze. An alert is a notice that warns current and prospective lenders that they must take reasonable steps to verify your identity before granting credit. You only need to request a fraud alert at one of the big 3 credit bureaus as they will inform the other two. You will need to place the alert at Innovis separately. The alert lasts 90-days. When you place or renew the alert, you are allowed to request a free credit report.</p> <p><em>Consider signing up for a fraud protection service.</em> These services, for a fee, monitor more than your credit and provide more services than a credit monitoring service.</p> <p>You need to be proactive in protecting your financial and personal information. No one else can do it for you.</p> <p class="orange"><br><strong>Additional Resources</strong></p> <ul> <li><a href="http://fpme.li/pca7gj7n" target="_blank">IdentityTheft.gov</a></li> <li><a href="http://fpme.li/872tjve8" target="_blank">The Equifax Data Breach: What to Do</a></li> <li><a href="http://fpme.li/bvj3wasx" target="_blank">Credit Freeze FAQs</a></li> <li><a href="http://fpme.li/evb4z8zh" target="_blank">How to Lock Down Your Money After the Equifax Breach</a></li> </ul> <div class="bg_bottom"></div> </div> <div class="third_party">Information Edge links to sites provided by a variety of sources. We review sites for credibility and reliability, but Information Edge, of course, can't control advertising and other links on these sites. We advise ignoring pop-up ads, links to sales of products or services, and the like.</div> News Sun, 10 Sep 2017 04:35:10 -0500 Using FB Marketplace or Another Local Service http://ie.foolproofonline.info/ccsefcu/news/fbm09_17/ <p>Local online marketplaces such as Facebook Marketplace can be a handy tool. They can be used to find bargains on various items or to make some money on items you no longer need. But how do you make sure that you aren't being conned? These tips can help.</p> News Thu, 07 Sep 2017 07:39:44 -0500 DNA Testing and Your Privacy http://ie.foolproofonline.info/ccsefcu/report/dntest09_17/ <p>Have you considered DNA testing to determine your ancestry, health risks, or for other reasons? The direct-to-consumer DNA (or genetic) testing industry has been growing rapidly. There are many companies that provide test kits that allow an individual to submit a sample of saliva or blood and receive a report several weeks later. Here are some important things you need to know before you opt for testing.</p> Drew's Report Thu, 07 Sep 2017 07:29:48 -0500 Avoiding Disaster Related Scams http://ie.foolproofonline.info/ccsefcu/news/dissc08_17/ <p>Disasters such as that caused by Hurricane Harvey bring out the scammers. Fake charities, repair scams, and rental scams are just a few of the types of scams that increase during these times. Here are some tips and resources to help you avoid being taken.</p> News Thu, 07 Sep 2017 07:08:13 -0500 Don't Become a Victim of Debit Card Fraud http://ie.foolproofonline.info/ccsefcu/news/debfr08_17/ <p>If you are one of the many people who use their debit card regularly for purchases, you may want to reconsider. Debit card fraud has been rising steadily over the last few years. More sophisticated technology has helped make skimmers harder to detect at gas pumps, ATMs, and other payment terminals. Fraudulent "card-not-present" transactions, such as online or over the phone, are also fueling the increase.</p> News Thu, 07 Sep 2017 07:05:19 -0500 When to Know You're in Trouble with Debt http://ie.foolproofonline.info/ccsefcu/gen_y/dbttrouble/ <p>Do you have debt? Can you tell when you have so much debt that you're in (real) trouble? We'll explain how to grade your debt in a minute, but first, count how many of these apply to you...</p> Gen Y with Will Mon, 14 Aug 2017 00:03:02 -0500 A Twist on Nigerian Scams http://ie.foolproofonline.info/ccsefcu/news/nitwist08_07/ <p>These days, anyone who has email has either received or heard about Nigerian scams. These scams typically request help to access a large amount of money. They promise you a big profit in exchange for your help. The catch is that you will need to fork out your own money to cover various fees or "taxes" and provide access to your bank account. The result: lost money and possibly identity theft.</p> News Sat, 05 Aug 2017 23:53:57 -0500 Scams That Are Easy to Fall For http://ie.foolproofonline.info/ccsefcu/report/scm08_17/ <p>Scams are so common today that most of us think we've learned to identify and avoid them. That's probably true for any obvious scams. But many less obvious or better disguised scams are easy to fall for. Every day, smart, savvy people get trapped by the following scams. Here's how they work and what you can do to protect yourself.</p> Drew's Report Tue, 04 Jul 2017 10:54:14 -0500 More Ransomware! Here's What You Need to Do http://ie.foolproofonline.info/ccsefcu/news/morandso07_17/ <p>Ransomware attacks are becoming more frequent and they are targeting more and more computers. Ransomware prevents access to files on a computer usually by encrypting them. It then asks for a ransom which must be paid using bitcoins or other digital currency. Paying the ransom doesn't guarantee that you'll regain access to your file.</p> News Tue, 04 Jul 2017 10:42:44 -0500