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26 Cards in this Set
- Front
- Back
- 3rd side (hint)
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What is fraud?
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encouraging a consumer to buy something through cheating.
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encouraging
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five examples of consumer fraud.
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1.charaties that you have never heard of asking for money.
2.small home repairs with high cost. 3.anyone that promises to fix your credit report. 4 . receiving an item you didn't order with a bill to pay. 5.any balances due on items of a recently deceased family member. |
there are 5
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how many people in America are affected by fraud?
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13,060,694,016
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there are alot.
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What is misleading advertising?
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when they promise low prices.
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Promise
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What are exaggerated claims made in advertising called?
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bait-and-switch
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fishing
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something that convinces you to buy.
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incentives
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.
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the process for filling a complaint
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usually have to fill out a form
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.
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how do you file a complaint for Internet fraud
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send an email
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mail
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What limits liability for fraudulent credit credit card charges.
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electronic fund transfer act.
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.
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grammleach- billey act
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What law made identy theft illegal
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.
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What is the sentence when convicted of identy theft.
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2 years
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2
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how many people identify theft each year
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nine million
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9
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What kind of identification might someone steal?
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cable a count.
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tv
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1.stealing wallets or purses.
2.digging through trash. 3.skimming. 4.someone stealing your mail. 5.phishing |
all the ways someone could get your information.
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.
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What can a the if do with your personal information
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ruin your life.
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.
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a good way so no one can get your social security number.
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a safe box
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square.
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What should you do with your mail if your going out of town
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have it sent to a p.o. box or have a close family member get it when it comes.
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.
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how to protect personal information on the Internet
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make sure the Web site is secured
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What is the best way to learn about identity theft before you are contracted by creditors.
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study how to prevent fraud or identity theft.
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What are the three main credit bureaus?
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1.equifax
2.experian 3.trans union |
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how can you receive a free credit report?
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by going to www.anualcreditreport.com
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What are the first 2 things you should do after learning you are a victim of identity theft or fraud?
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1.call creditors about u not horizon buys or charges
2.file an identity theft report. |
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What should you first put on a letter of complaint
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adress
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What is the salutation
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the entry
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What is mandatory in the middle of the letter.
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when you state the story
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do you have to have time for them to get it?
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yes
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