January 12, 2010A credit union has reported a new malicious banking application it discovered that apparently is designed to steal online banking account details on Google’s new Android cellphones.
The credit union says the rogue Android application “creates a shell of mobile banking apps that tries to gain access to a consumer’s financial information.”
The malware, developed by “Droid09,” [...]
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December 7, 2009I just received a text message from 270-495-0189, saying “customer issue, visa service frozen, please call 270 495 0189.”
Do not text them or call them back! This is a scam. Think about it, does your Visa Credit Card Carrier have your cell phone number? Are you signed up to get text alerts? If you answered [...]
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April 29, 2009I was watching Clark Howard – one of my favorite Financial Gurus – today on CNN and his segment was on Indian Online Payday Lenders. Payday lenders offer short-term loans with extremely high fees typically to consumers who live paycheck to paycheck. The consumer will write a post-dated check to the lender and the lender [...]
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February 24, 2009If you’re a homeowner, you more than likely have received numerous mailings from attorneys and private companies offering their help to have your property re-assessed and your property tax amount lowered. With falling property values, you may be able to save hundreds, or thousands, of dollars each year.
I urge you – don’t respond or enlist [...]
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December 29, 2008With the downturn of the economy, the holidays, and for whatever other reasons, credit card fraud is increasingly becoming a problem. Whether your card is stolen, or skimmed, thieves are using innocent consumers’ cards to buy gas, shop at Wal-Mart, buy groceries, and more.
What is skimming? Skimming is the theft of credit card information. It [...]
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December 5, 2008Apparently there have been a swarm of e-mails going around warning everyone that, because of our poor economy, stores are closing and to be careful that some gift cards may not be honored through the holidays. I’m sure you’ve seen it at least once at this point. The e-mail goes on to list numerous stores [...]
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November 5, 2008The Federal Reserve is warning consumers about a fraudulent loan program being touted around by scammers.
Here’s how they do it: Consumers are told that they can work with a broker to access a Federal Reserve program that extends sizeable secured loans to consumers. These consumers are encouraged to deposit large sums of money into a [...]
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Marnie Nemcoff is the Vice President of Marketing for Matadors Community Credit Union. She has worked in the banking industry for 20 years, and has been with credit unions since 1997.
