by Holly Petraeus, Director, Office of Servicemember Affairs, Consumer Financial Protection Bureau
If you’re a servicemember you know you’re part of a special group – those who have answered the call to serve our country. You also know that being in the military may mean long periods of time away from home – and your finances. Being away and mission-focused means you won’t be able to regularly check your accounts or credit report, so you may be at increased risk for fraud or identity theft.
For nearly 10 years, a Washington couple, Peter and Carolyn Cook, claimed to help their clients navigate applications for state and federal need-based programs for necessary care — namely, Medicaid and veterans’ Aid and Attendance benefits.
by Bikram Bandy , Do Not Call Program Coordinator, FTC
“Hi, this is Rachel from Card Services calling about your credit card account. It appears that you are now eligible for a significantly lower interest rate on your account. However, this offer is about to expire, so please press 1 now to be transferred to a live representative who can assist you in securing your lower interest rate.”