It can be really tempting. Prices are so low right before the holidays-and certainly after-that you just want to ‘stock up’ on things because you may need them later. If you’ve ever gone to the mall with a short list of things you want to buy but came home with tons of bags, not because you wanted to buy stuff to feel good, but because you couldn’t resist the bargains, you know exactly what I mean. And it isn’t just the mall. Ever go to Wal-Mart the day after Christmas and walk through the aisles of gift baskets, chocolates, and other holiday items that are all marked down to 50%? Enough said.
Did you know when you apply for credit with a company, and they pull your credit report, your name and address is then sold by the credit reporting agency to various credit companies to pre-approve you for their product or service? These offers of credit are often called “trigger leads” or “prescreen offers”. When a credit report is requested from the credit agencies it is flagged and a “lead” is created. These leads are generated daily so the companies purchasing them know that the information is current. Your name, address and phone number is then sold to marketing, credit card, mortgage and insurance companies as “trigger leads” or “prescreen offers”.
Are you a college graduate or do you know someone that is? Leaving the safe haven of university life for the real world can be a difficult transition. From paying off student loans to the shock of auto and health insurance rates, there is a host of new financial experiences awaiting you, and some situations for which you may not have prepared.
Did you know that 1 in 3 Americans have been victims of identity theft? This is partly because of the garbage they are throwing away. Negligence when throwing away your personal information such as credit cards, credit card offers, receipts, and statements can cost you your identity. Criminals often sift through trash to take advantage of innocent people.
Being located in the coastal region of Georgia, we are constantly reminded that being prepared for hurricanes or other disasters is of utmost importance. We are often asked if we have purchased supplies or planned an evacuation route.
The answer is Yes! We want to assure our members that should a disaster strike, we will do everything we can to ensure that we are able to recover as quickly and efficiently as possible to meet your financial needs. WCCU has been proactive in this area and has a well thought out and tested business continuity plan in place. We believe that it is important for you, our members, to be aware of that plan.