Like spring cleaning for your finances, Financial Literacy Month is a great time to dust off your knowledge for spotting and avoiding scams. The best way to make a clean getaway from a scam? Listen to how they tell you to pay. If someone tells you: “Pay us by putting money on a gift card and then...
A romance scam is when a new love interest says they love you, but they love your money–and may not be who they say they are. Be on the lookout for these warning signs of a romance scam: A new love who lives far away asks you to wire them money or share your credit...
Looking for a New Year’s resolution? Here’s one for you: Keep your hard-earned money safe from scammers by spotting and avoiding gift card scams. Then help others spot and avoid them, too. Scammers want you to pay with gift cards because they’re like cash: once you use a gift card, the money on it is...
The incidence of identity theft is on the rise. In fact, according to the Aite Group, 47% of Americans experienced financial identity theft in 2020. However, there are plenty of things you can do to protect yourself and your financial records from would-be hackers. Jason Norton, DuTrac’s Senior Vice President of Marketing, recently talked with...
With the holidays around the corner, it’s more important than ever to be wary of identity theft. Jason Norton, DuTrac’s Senior Vice President of Marketing, recently talked with WQAD about things you can do to protect your financial accounts. Learn more about how to spot a skimmer, the benefits of regularly checking your account, and...
As access to financial services becomes more technology driven, with improved security features, scammers and fraudsters are evolving just as quickly in order to take advantage of the unwary or uninformed consumer. With an estimated impact of $6 trillion by 2021 (Gemalto.com), cybercrime may not only be financially devastating – it could also devastate a...
What to Know About Caller ID Spoofing By its literal definition, to spoof is to: Imitate something while exaggerating characteristic features for comic effect Hoax or trick someone “Spoofing” occurs when a caller deliberately falsifies the information transmitted to your caller ID display to disguise their identity. Spoofing is often used as part of an...
DuTrac Community Credit Union was recently made aware of fraudsters contacting members under the guise of warning you about possible card fraud. DuTrac Community Credit Union makes every effort to ensure that your financial information is safe and secure. DuTrac’s online systems are monitored and constantly updated with multiple security layers and procedures. However, the...
With over 11 million identity fraud victims in the United States annually. Here are 20 easy ways to secure your bank accounts and avoid identity theft. Check your account activity regularly. Single most effective strategy to secure your finances. Log in and view your account activity multiple times every week to make sure there are no unexpected...
