Two car dealerships located in Long Island, New York announced settlement with state prosecutors after they it was determined the dealerships were selling add on products to customers, which included illegal credit repair and identity theft protection. The dealers were using misleading and deceptive practices to encourage car buyers to sign up for additional services, while charging them upfront, a violation of state and federal law. Additionally, the dealers were including the cost of these add-on’s in the contract price of the vehicle, where by law, any after sale items must be itemized separately so the customer knows the exact sale price of the car itself.
In total, the two dealerships will be required to refund over $118,000 to customers and pay approximately $10,000 in penalties and fines.
Schneiderman’s office has been cracking down on the practice known as “jamming,” in which unscrupulous dealers sell consumers add-on’s they didn’t request or desire, sometimes concealing the sales from consumers or misrepresenting the services as free.
An attorney for Westbury Jeep Chrysler Dodge and Fiat, Stuart Rosenthal of White Plains, said his client sold credit and identity theft services supplied by a vendor, Credit Forget It, which was shut down last year under a consent order with Attorney General Eric T. Schneiderman’s office.
“The dealership believed the product was appropriate and legal, and sold it for what it believed was a fair price to consumers,” he said.
Tips to Avoid Identity Theft
Identity theft is a crime which affects millions of people from different parts of the globe. If you don’t want to be a victim of identity theft, you should know the best safety measures to protect yourself from this growing crime.
There are several tips you may take for consideration when avoiding identity theft and some of them are as follows:
Tip #1: Consider an Identity Theft Protection Service
Numerous companies offer credit monitoring services to help anyone protect themselves from identity theft. Such services are available at reasonable rates. Depending on your preferences, you can choose any identity theft service provider that offers top notch solutions.
Tip #2: Keep All Your Personal Documents in a Safe
If you have important documents, it is always a wise idea to keep a personal safe for your home and a safety deposit box anywhere. You may utilize your safe at home for protecting items including social security card, passport, and birth certificate.
Tip #3: Protect Your Wallet or Purse at All Times
If you are buying purses, choose the ones that can be closed shut or zipped. Try not to make use of bags that some can easily reach into or see. Also, keep bags close to your body with tight grip all the time. Don’t leave purses or wallets in the car and if possible, don’t leave these exposed and never keep them in an obvious place.
Tip #4: Photocopy Every Content of Your Wallet
It is also a good idea to make copies of your ID cards, credit cards, and other personal documents that you usually keep in your wallet. In addition to that, keep records of all phone numbers to contact in case you have to order replacement items or close accounts.
Tip #5: Remove Yourself from Any Promotional Lists
If you don’t want to end up with stolen identity, start removing yourself from promotional lists including pre-approved credit card and junk mail lists. This added clutter does not do any good. In fact, you just put yourself at risk of identity theft if the stranger gets their hands on pre-approved cards.
Tip #6: Examine All Your Bank Account Statements
If you want to ensure that your bank accounts are all safe, always examine all your bank account statements regularly. If you bank accounts have unauthorized charges, never hesitate to call your chosen bank immediately.
Tip #7: Never Reveal Personal Information to Unverified Sources
Regardless if it’s over the internet or the phone, don’t reveal personal information to any unverified sources. Never feel pressured to answer questions if you don’t trust the source. Also, feel free to make a request for verifying information before giving any information.
Tip #8: Shred All Sensitive Documents Before Throwing Them Away
Before throwing your personal documents, consider shredding them first. Dumpster diving is said to be a common way of stealing personal information. Buy shredders for your home or office and ensure that you destroy any paperwork that contain personal details before you discard them. This includes credit, statements, mail, and even receipts.
Considering those tips above can help you avoid identity theft. Implementing them on your daily routine will allow you to save your personal information from this growing crime.
Download the PDF of this article here Tips to Avoid Identity Theft
Credit card fraud is growing at an alarming rate across the globe and most of them involve online transactions. As a matter of fact, credit card fraud online is expected to increase to billions by 2008, based on the analysis of financial experts. This is quite a worrying statistic considering the detailed research as well as efforts from main credit card companies including MasterCard and Visa to prevent this growing fraud.
Typically, credit card fraud is defined as buying products or services from personnel not associated or connected with particular credit card making the transactions. Thus, the merchants are tricked into releasing merchandises or rendering several services to a false identity. The growth of this kind of fraud is still increasing and expected to grow in the long run.
Credit card fraud is a big problem as well as a dilemma within the society today. To reduce the chances of being a victim of credit card fraud, there are several steps you may consider. Subjects may include securing your bank account information, checking statements, keeping the credit cards safe, and verifying your visa card. Some tips may include not giving your PIN or bank passwords to anyone, throwing your bank statements in the bin without shredding it, and many more.
The most typical method used by criminals is targeting cards and other information in offline shops, unsecured online transactions, and in conversation. If you have a credit card, you should not hand over it to anyone. Keep it out from possible fraudsters and don’t write your PIN number. Keeping your credit card in a safe and secure place is also a good idea.
Majority of mail order, internet, and phone fraud happens because of the reason that one’s card details are stolen. Due to this, don’t let your credit card out of sight and pay importance to it if you don’t want to fall from the criminal’s hands.
Keeping your credit card secure and safe can make a huge difference. But, similar to every consultant, fraudsters are also experts in their field and may acquire information from the smallest chance presented to them. So, check your bank statements regularly. When you get your bank statements, check if there are irregular or unauthorized transactions. If the statement presented such fraudulent transactions, call your credit card company or bank at the soonest date and let them know about the illegal activity.
There are other steps you may consider when avoiding credit card fraud. If you don’t want to suffer from the consequences of being a victim of credit card fraud, never forget to do those steps mentioned above and always ensure that your personal information is protected. Today, there are also some companies offering credit card fraud protection services. Depending on your choice, you can try such services to protect yourself from credit card fraud. But, make sure that your chosen provider is reliable and has a good reputation when it comes to providing such solutions as this can make a huge difference in the long run.