The information provided on this website does not, and is not intended to, act as legal, financial or credit advice; instead, it is for general informational purposes only. Information on this website may not be current. This website may contain links to other third-party websites. Such links are only for the convenience of the reader, user or browser; we do not recommend or endorse the contents of any third-party sites. Readers of this website should contact their attorney, accountant or credit counselor to obtain advice with respect to their particular situation. No reader, user, or browser of this site should act or not act on the basis of information on this site. Always seek personal legal, financial or credit advice for your relevant jurisdiction. Only your individual attorney or advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and website owner, authors, contributors, contributing firms, or their respective employers.
Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them. Compensation is not a factor in the substantive evaluation of any product.
The biggest credit news this week is all about privacy issues, as Obamacare fraud surfaces and teens might be more privacy-savvy than most parents think.
Shocker: Teens Actually Do Care About Their Privacy
In a new study by the Pew Internet & American Life Project, teens are showing they’re more cognizant of privacy concerns than most Americans assume.
Half of all teens have avoided installing apps on their smartphones due to privacy concerns, and a quarter of teens had actually taken the extra step on uninstalling an app because of privacy. There was a significant gender divide when it comes to apps and their location-tracking abilities. Teen girls were nearly twice as likely as teen boys to disable a location-tracking app.
Obamacare Nightmare: Fraud Reports Surfacing
With the clock ticking down until the start of many of the major reforms the Affordable Care Act instituted, scammers are finding a way to take advantage of some misinformed consumers.
A new round of scams are being reported around Obamacare, in which fraudsters call up consumers and ask them for personal information so they can be enrolled in Obamacare benefits. Of course, these fraudsters are not affiliated with any government benefits program or insurer, and are instead using the information to rip off the unsuspecting victims.
How Hackers Can Hijack Your Car
It may sound like a page out of a Stephen King book, but hackers are getting better at taking control of your steering wheel and that could mean danger for drivers.
As our co-founder and chairman Adam Levin points out, hackers are using key fob hacks in order to gain access to cars so they can steal them, but that is not the only danger these hackers pose. Levin says hackers could use their skills to not only gain access to your car, but to control it remotely while you’re in it, posing a risk to your own personal safety. It may sound like science fiction, but the reality is scarily close.
Image: iStockphoto
March 11, 2021
Personal Finance
March 1, 2021
Personal Finance
February 18, 2021
Personal Finance