The Federal Trade Commission (FTC) has recently issued a consumer alert about three money scams that are gaining traction. Let’s take a closer look at the tactics scammers are using to try to deceive you and the tips the FTC has provided to protect yourself.
In today’s digital world, QR codes have become a staple of convenience, allowing us to access websites, make payments and gain information with a simple scan. However, the ease of accessibility has also made QR codes a prime target for scammers looking to exploit unsuspecting users. Here you can find practical tips for identifying suspicious QR codes and learn strategies to safeguard your personal information.
Get a head start on tax season this year by protecting yourself and your loved ones from these financially disastrous scams.
A credit score might seem like a mysterious three-digit number, but it holds significant influence over your financial life. Whether you’re applying for a loan or a credit card, renting an apartment, or even setting up utilities, your credit score plays a crucial role in the decisions that lenders, landlords, and service providers make.
According to the Federal Trade Commission’s Consumer Sentinel Report published in 2023 and covering the full year of 2022, reported cases of identity theft have increased by over 584% in the last 20 years.
Now, more than ever, it’s important to safeguard sensitive card information to prevent an interruption in your ability to make important purchases. Be sure to report a lost or stolen card to your financial institution immediately.
Now, more than ever, it’s important to safeguard sensitive card information to prevent an interruption in your ability to make important purchases. Be sure to report a lost or stolen card to your financial institution immediately.
A quick web search for “data breach” reveals countless recent hits detailing major data breaches. One of the biggest risks following a data breach is that scammers could use your stolen personal information to open a loan or a line of credit in your name, potentially damaging your credit score or leaving you to pay for the fraudulent charges.
Phishing is a technique employed by cybercriminals to deceive individuals into divulging sensitive information or installing malware on their devices. This method is executed through various channels such as phone calls, emails, SMS texts, or even social media messages.
Identity theft is a type of crime where someone obtains another person’s personal information without their permission or knowledge and uses that information to commit fraud or other illegal activities. The personal information that is commonly targeted includes names, addresses, birthdates, Social Security numbers, credit card numbers, and bank account information.
At SESLOC, we’re introducing new ways to help SESLOC Members Save. Whether you are just starting your financial journey, are an everyday saver, or have more to invest, there is something for everyone at SESLOC. We hope these benefits make your holidays more merry and bright and help you reach your financial goals and dreams in the coming year.
Consider making moves to Level Up, with our new member benefits program.¹ Increasing benefits include select fee waivers, waived check orders, and rate discounts on new eligible consumer loans — all of which can help you save even more money and get ahead financially.
Here are the answers to common questions about Level Up, our new member benefits program.¹ Have more questions? Call us at (805) 543-1816 or visit any SESLOC branch:
SESLOC is pleased to announce that we have received two prestigious awards this year. The recognition we have earned serves as a testament to our commitment to excellence and dedication to providing exceptional financial services to our valued member-owners. We are proud to share this achievement with you, as it highlights our ongoing efforts to deliver top-tier products and services that meet and exceed the financial needs of our community.
SESLOC is pleased to announce that as of November 1, 2024, there has been a reduction in overdraft fees. This change is part of our commitment to providing cost-effective solutions for our membership and community. These savings will be extended to members but will have the greatest impact on those facing financial challenges, who need a break from fees to begin saving and building healthy financial habits.
