Preventing Child ID Theft With a Credit Freeze

No matter where you live, a credit freeze is a great way for you to prevent identity theft — particularly the opening of new credit cards, loans and service accounts in your name. But depending on where you live, a freeze isn’t easy to get for your offspring. Although legislation has been introduced, currently there are no federal laws concerning credit freezes for children, and only 23 states have passed laws requiring credit reporting bureaus to freeze a minor’s credit …

Credit Cards: The Smartest Holiday Shopping Choice

En español | Sure, buying holiday gifts with cash or debit cards avoids interest charges and forces you to stay within a budget to prevent overspending. Occasionally, cash purchases may even qualify you for a discount when merchants can avoid paying transaction “swipe” fees. So why should you still pay with credit cards for gifts this season – and for other transactions? Here are three ways that credit cards are the most protective payment choice: 1. Limited Losses. Under federal law, …

The Night My Smartphone Was Stolen

by Marlene Fanta Shyer I was waiting for the light to change on a corner of Times Square when I felt a jostle. My tote, which I always hold as close as a papoose, was open, but everything inside is always sealed behind zippers. My new smartphone, though, with its red battery protector/charger, was a beacon in its sleeve, just pleading to be snatched. Sure enough, I spun around and there were two teenagers, a boy and a girl, standing there, trying …