There has been extensive reporting in recent news about data breaches, cyber security, stolen Social Security numbers, identity theft, fraud, scams, credit monitoring services, credit reports, credit scores, etc. It can be tricky to navigate, so here’s a condensed version:
The Consumer Financial Protection Bureau, combined with a review of research and consultation with leading experts, found that financial well-being includes the following four elements:
National Consumer Protection Week was March 3 – 9 and it offered a time to help people understand their consumer rights and make well-informed financial decisions. One important way to do this is to take steps to prevent identity theft.