• STUDY: CYBER THREATS GROW
    BUT WE REMAIN COMPLACENT
    • Despite the constant threat of getting hacked, many people still aren't motivated to protect their personal information, according to a new study from Norton. Itís a really huge disconnect thatís helping the criminals.


WHY DO WE KEEP BUYING CLOTHES WE NEVER WEAR?
Be honest: Are there clothes in your closet that you've never worn? Maybe a blouse or skirt that you just had to have, that's sitting in your closet with the price tag still on it. If so, you're not alone. Find out why so many people do this and how to break the habit.
 
FTC CHARGES NETSPEND WITH USING DECEPTIVE MARKETING TO SELL ITS PREPAID CARDS
The ads for NetSpend, one of the country's largest providers of prepaid debit cards, promise "immediate access to your funds." But that's not always the case, the Federal Trade Commission charges in a lawsuit against the company.
 
FULL OF FLUFF? MY PILLOW TO PAY $1M FOR BOGUS ADS
It may be the "most comfortable pillow you'll ever own," but MyPillow can't help with snoring, fibromyalgia, migraines or any other medical conditions. The company has agreed to pay $1 million in civil penalties to settle false advertising charges.
 
THE BIG WINNER NOV. 8 COULD BE LEGAL MARIJUANA
Legalized use of marijuana – either recreational or medical – is on the ballot in nine states. Supporters believe the marijuana measures will pass in California and Florida, and possibly several other states, because America's attitude about pot has changed significantly in the last few years. Predictions are that by 2020 legal cannabis sales will surpass $22 billion.
 
CONSUMERS WILL SPEND ALMOST $800 BILLION ON HOLIDAY SHOPPING
New forecasts show Americans plan to spend significantly more this year on holiday gifts. It's a sign that despite all the talk of an economy in peril, most consumers feel more confident in their financial situation.
 
DO CHIPS PREVENT FRAUD OR ARE THEY JUST VERY ANNOYING?
The switch to chip-based credit and debit cards is moving forward, but at a slower pace than expected. Even so, chip cards are helping to reduce counterfeit card fraud at checkout. Now the goal is to make them easier to use.
 
FRAUD ALERT: FAKE NEWS SITES SHILLING DIET PILLS, FACE CREAMS
These bogus websites – with fake celebrity testimonials – are made to look like a familiar news sites. They’re designed to trick you into buying diet pills and skin creams. Take the bait and request the free sample and you could be in for a costly surprise.
 
AS STUDENT LOAN DEBT INCREASES, SO DO THE SCAMS
The dramatic rise in student loan defaults has created a space for scammers to flourish. They pretend to be affiliated with the government and charge hundreds of dollars to do what borrowers can do for themselves – for free. All too often, they take the money and run.
 
CREDIT CARD CONTRACTS LITERALLY TOO DIFFICULT FOR MOST PEOPLE TO READ
The analysis of more than 2,000 current credit card agreements by the website CreditCards.com found that they are typically written at the 11th-grade reading level. But half of Americans read at the 9th-grade level or below. This could explain why so many people don’t read them.
 
FEDS SEE SPIKE IN COMPLAINTS FROM U.S. BANK CUSTOMERS
American consumers continue to "experience problems" managing their accounts at banks and credit unions across the country, according to a new report from the Consumer Financial Protection Bureau.

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