Skimmers Have Now Gone Retail to Steal Your Money

Skimmers are nothing new, but now credit card scammers are placing them at the checkout line in retail stores. Watch this video from tonight’s CBS Evening News and see just how little time it takes them to place a skimmer.

Heroes at Home Financial Event – April 16th

HaH2015_400Join us for a FREE financial education event presented by award-winning authors and speakers on Thursday, April 16th at the Deployment Center Auditorium from 9:00 to 11:00 AM! No registration is required.

Ellie Kay presents “Living Rich for Less” – how to set up a workable budget, pay less for everything, money talk with your family and stretching the vacation and entertainment dollars.

Gerri Detweiller presents “Smart Money: 5 Ways to Improve your Credit” – free ways to monitor your credit, pay down debt and improve your FICO score.

Ingrid Bruns presents “Saving for the Future You Want” – practical strategies to start saving early, start small and stay committed.

All the latest financial apps and money saving websites plus you could win an iPad or other prizes!

Freedom Stores to provide over $2.5 million in refunds and penalties

CFPB_2tone_Horiz400The Consumer Financial Protection Bureau (CFPB) and the Attorneys General of North Carolina and Virginia took action today to protect military servicemembers from illegal debt collection practices. The CFPB alleges that Freedom Stores, Inc., Freedom Acceptance Corporation, and Military Credit Services LLC used illegal tactics to collect debts, including filing illegal lawsuits, debiting consumers’ accounts without authorization, and contacting servicemembers’ commanding officers. The CFPB and the states filed a consent order in federal court to require the three companies and their owners and chief officers, John Melley and Leonard Melley, Jr. to provide over $2.5 million in consumer redress and to pay a $100,000 civil penalty.

Read the full article on the Consumer Financial Protection Bureau’s web site at: http://www.consumerfinance.gov/blog/freedom-stores-to-provide-over-2-5-million-in-refunds-and-penalties/

Credit Card / Debit Card Data Stolen From Target

targetMINNEAPOLIS (AP) – Target says that about 40 million credit and debit card accounts may have been affected by a data breach that occurred just as the holiday shopping season shifted into high gear. The chain said that accounts of customers who made purchases using their cards at its U.S. stores between Nov. 27 and Dec. 15 may
have been exposed. The stolen data includes customer names, credit and …

Read more at: http://m.apnews.com/ap/db_289563/contentdetail.htm?contentguid=Uq5EbaNz