Financial Fundamentals Blog

Important credit card safety tips to protect your personal information

  • Francesca Sacco
It’s important to be proactive and keep your credit card information safe year-round to avoid identity theft.  While safeguarding your credit cards often comes down to common sense, fraudsters are always on the hunt for passwords and PINs. If fraudsters are successful in gaining your personal information, it can prove to be...

Holiday Season Fraud Prevention

  • Francesca Sacco
Holiday shopping is in full swing, and with it comes the increased potential to fall victim to holiday season fraud. Keep your safety and security a priority by unwrapping our fraud prevention tips below.

Tips to make your passwords more secure

  • Francesca Sacco
7 17 Credit Union is committed to providing our members with the safest online and mobile banking experience that we can by implementing the most sophisticated security technology. But we can’t do it alone. We want you, our members, to be aware of the measures you can take to safeguard your information. While we’ve compiled a...

Learn more about account takeover fraud and how to protect yourself

  • Francesca Sacco
Fraudsters will stop at nothing to gain personal information, and when they succeed, the end result can be disastrous. One type of fraud that is gaining traction is account takeover fraud, or ATO. Account takeover fraud, also known as account compromise, occurs when a cyber-attacker gains control of a legitimate account.

Unemployment fraud: How to tell if you are a victim and ways to report it

  • Francesca Sacco
Fraudulent unemployment claims have reached dramatic levels during the pandemic. Claims continue to rise across the United States, and Ohio is no exception. According to the Ohio Department of Job and Family Services, over 128,000 claims were filed in March of 2021. Of those 128,000 claims, at least 19,000 have been flagged as...

How Fraudsters are Exploiting the Coronavirus and Ways to Protect Yourself

  • Francesca Sacco
Fraudsters are leveraging fears over the coronavirus (COVID-19) as an opportunity to scam financial institutions and individuals. Scams include phony websites, fake Go-Fund me accounts and phone calls and text messages that ask for personal information. While the best way to protect yourself is to remain vigilant, we’ve compiled some tips to help you safeguard your personal information.

Don’t fall victim to these trending scams

  • Francesca Sacco
Fraud is on the rise, and there are so many different ways the scammers try to take advantage of people. Learn about the most popular scams and how to recognize the warning signs. Staying vigilant is the best way to protect yourself.

Tips to Prevent Elder Financial Abuse

  • Francesca Sacco
Knowing the signs of elder financial abuse can help protect yourself or your loved ones. Seniors are increasingly becoming targets for financial abuse. People over the age of 50 control over 70 percent of the nation’s wealth, and fraudsters are using new tactics to take advantage of the growing number of older Americans. Senior abuse is estimated to have cost victims at least $2.9 billion in the last year alone.

5 Steps to Spring Clean your Finances

  • Francesca Sacco
Tidying up your Credit and Financial Information can lead to a Smooth Summer

Spring is here! Nothing feels more satisfying after a long winter than a little spring cleaning. But your home isn’t the only thing that needs freshened up. Be sure to add your credit and financial information to your tidying list. Here are few tips from Experian, a consumer credit reporting company, to make sure you’re making a clean sweep of your financial information.

What is tax-related identity theft?

  • Admin
In 2018, the Internal Revenue Service (IRS) reported that tax-related identity theft is on the decline. Even though its numbers are dropping, you should still be aware of it. With tax time rapidly approaching, let’s look at its signs and what you can do to protect yourself.

What are phishing, vishing and smishing?

  • Beth Ann Tabak
They might sound cute and clever, but phishing, vishing and smishing are anything but that. Let’s take a look at these common attempts to steal your personal information and how you can protect yourself.

Fraud Watch: Holiday Scams to Avoid

  • Beth Ann Tabak
The National Retail Foundation (NRF) estimates that America’s retail sales are set to hit between $717 billion and $720 billion this Holiday season. It’s prime shopping season not just for those who want to make the season joyous for their friends and family, but also for those fraudsters looking to take advantage of the giving spirit. Here’s what to keep your eye on as the Holidays approach.