May 17, 2018

What’s New With……Credit Management?

This second quarter update deals mostly with credit cards and credit scores, but we touch on managing mortgages and financial infidelity.

Credit Cards/Score

Credit Cards/security

This year, losses from counterfeit payment card losses are expected to hit $1.8 billion—down 28% from where they were three years ago. On the other hand, card-no-present (CNP) fraud is  up 106% in that same time.

  • Debit and credit cards can still be cloned.  Understand the difference between breaching, skimming and "shimming."
  • Do your kids have any credit cards you don’t know about?  Learn how to protect your family.
  • Major credit card issuers are doing away with signatures.

Security (General)

Mortgages

Financial Infidelity

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