From the category archives:

Scams / Fraud

How to Protect yourself From Identity Theft

The occurrences of identity theft continue to grow despite the fact that the average consumer is becoming more educated about the frequency of this crime. Identity theft occurs when someone other than yourself uses your identity to open lines of credit and various utilities. If you have been the victim of identity theft, by the [...]

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Beware of Cash For Clunkers Scams

The Cash For Clunkers bill was recently passed by Congress, and is currently waiting to be signed into law by President Obama. The Cash For Clunkers Bill, officially called the Car Allowance Rebate System (CARS), gives consumers the opportunity to trade in old vehicles for a voucher to be used for a new car. Understanding [...]

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Watch Out For Stimulus Check and Government Grant Fraud!

By now, most people are aware that Congress did not include a second economic stimulus check for everyone when passed the second economic stimulus program, called the American Recovery & Reinvestment Plan. Instead of a second stimulus check, the government included the Making Work Pay tax credit, which reduces the amount of taxes withheld from [...]

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Prevent Identity Theft

Identity theft is a serious crime that can destroy your finances and ruin your life. Identity theft can ruin your credit score, destroy your ability to take out a loan, or even get you arrested for crimes you did not commit. There are three methods to protect against identity theft and the damages it can [...]

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Military Personnel Prime Targets For Identity Theft

Military members are increasingly becoming targets of identity theft. Thankfully, I have not been one of the countless victims of identity theft. One of the main reasons military members make easy targets is because their Social Security Number is used for tracking everything in the member’s career. Member’s SSNs end up on literally thousands of [...]

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Does the Military Pay System Cause Troops to Use Payday Loans?

The military has recognized that many of its troops get into financial trouble by frequenting Payday loan companies. The problem has become large enough for the Pentagon to attempt to limit interest charges on loans to military members. There are several reasons why military members use payday loans. Lack of financial education is one reason [...]

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MyPay Security Features

MyPay has stronger on-line security features than many financial institutions. Earlier this year, Defense Finance and Accounting Service (DFAS) announced implemented a new security measure to myPay, the on-line website for military and civilian pay. The new security feature is a virtual keyboard used to input your PIN information. Users are required to input their PIN [...]

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