Payday loan scams may seem like old news, but they’re more common than ever. In fact, in 2018, the FTC paid a total of $505 million to more than one million victims of payday loan scams. In this scam, a caller claiming to represent a collection agency who is acting on behalf of a loan company tells victims they must …
You deserve to find fantastic deals this Black Friday. Here at Directions Credit Union, we hate to see your money go to waste. That’s why we’ve put together a list of misleading advertising schemes you may come across when hunting for deals this Black Friday. 1. Very limited quantities That $200-off supersized TV screen coupon that just landed in your …
Meeting new people is difficult for many adults. Fortunately, though, there’s the internet. Dating sites like eHarmony and Match.com make it easier than ever to find other people who are looking for the same thing you seek. Unfortunately, that same ease of connection makes online dating sites a haven for scammers. Using the information you provide, they can craft a …
Before heading out on your summer vacation, read through our list of four common vacation scams and learn how to avoid them. You don’t want to take a permanent vacation from your hard-earned money! 1. The bogus prize vacation In this scam, you’ll receive a notification via snail mail, phone call or email, that you’re the lucky winner of a …
If you’re hiring a contractor to make improvements on your home, be alert! Home improvement scams are more common than you may think, and they can cost you a lot. Read on for 8 ways to spot a home improvement scam. 1. The contractor insists on being paid upfront Be wary of any contractor demanding that you pay most of …
It can be overwhelming with endless reports of data breaches, cyber-attacks, and fraud. Here at Directions, we want to help you understand these data breaches as much as possible! First and foremost, data breaches happen at the merchant/business level – not at your financial institution. Directions Credit Union has never experienced a data breach. How data breaches occur Businesses that …
Data breaches are becoming more common. Because of this, we put together a quick Q&A to help answer your questions and provide you with instructions on what to do next. Q: What is a data breach? A: A data breach is when someone infiltrates a merchant’s network and steals customer information. This information includes name, address, social security number, …
