Criminals with a lot of time on their hands are committing a con that can take years to pay off and sounds like something out of the future: Synthetic identity fraud. Instead of the traditional identity theft of stealing an existing identity from someone and posing as them, synthetic identity fraud criminals create a new [...]
Debit cards are one of the worst ways to use your money if you want your identity protected. Because it’s linked directly to your bank account, anyone with your card information can instantly withdraw all the money from your account. If that doesn’t scare you enough, there’s the fact that debit cards don’t have [...]
The parental refrain “Do what I say and not what I do” isn’t a wise one in many respects, but especially when it comes to financial talks with your kids. Parents lead by example and if you’re racking up credit card debt you can’t afford, then you may be teaching them bad money habits. Such [...]
