Avoid Prepaid Debit Card Fraud

Reloadable debit cards like the Green Dot MoneyPak can be a convenient way to pay bills or fund your PayPal account. Unfortunately, criminal minds have been hard at work lately creating a variety of scams whereby they obtain MoneyPak card numbers and then use whatever balance is left on the card. If you have a MoneyPak card or other prepaid debit card, protect yourself from fraud with the following tips. Many of the current scams involving MoneyPak cards closely resemble scams that have been around for some time, where wire transfers of funds are requested. Since smart consumers have caught … Continue reading

Talking to Your Parents About Their Finances

There are many things that people tend to become concerned about as their parents get older. Things like the physical and mental health and well being of their elderly parents are often top of mind for many adult children. The finances of elderly parents are also often a cause for great concern, especially if the adult children do not live close to them. How can you help to ensure that your parents stay current with their bills and stay away from scam artists who target the elderly without offending them? It is a delicate path to walk, to be sure, … Continue reading