Common Scams to Watch for After the Holidays

The mad holiday rush may be over, but scammers aren’t slowing down. The post-holiday weeks bring an increase in scams that, unfortunately, are quite believable during this time of year. Don’t be the victim of a post-holiday scam!

Read on to learn about the common ways fraudsters seek to dupe consumers after the holidays:

Gift-picking. You may be targeted by thieves who are looking for a good picking if you’re the recipient of an expensive gift. Protect yourself by keeping your gift under wraps. Dismantle all packaging representing your gift. Discard it in a covered trash or recycling bin instead of leaving it at the curb. 

Charity scams. Be wary when giving to charity this time of year. Don’t donate to any organization without first checking it out on a vetting website like CharityNavigator.com. If you have a favorite cause, contact them yourself instead of clicking on an ad that appears to represent them. 

Under priced gifts for sale. Be suspicious of private sellers offering gift items at crazy-low prices; they are likely to be scams. Proceed with caution if a sale item appears legit. Don’t rely on just email communication. Instead, get the seller’s phone number and street address. If possible, ask for references and pictures of the item. Arrange to meet the seller in a well-lit, populated area if everything checks out. Finally, never wire money online—let the cash and item change hands at the same time. 

Belated holiday e-cards. Too often, e-cards are ridden with malware. The e-card may bear the name of your friend, but scammers can easily pick names off the internet. All authentic e-cards include a confirmation code for you to copy and paste at the issuing website. 

Post-holiday ‘sales.’ Your social media platforms may be exploding with ads offering deeply discounted prices at your favorite stores. While some of these ads may be legit, lots are scams. Here’s how to spot the fake ads: 

  • The URL is off by one letter. Check each landing page as you make a purchase.

  • The site is not secure. Look for the “s” after the “http.”

  • The words “deals” or “discounts” are part of the URL. Authentic retailers rarely create new websites just to sell sale items.

  • Look for the seller’s genuine store logo on every landing page.

Post-holiday scams are everywhere, but by knowing how to spot a scam places you one step ahead of the criminals. Stay alert and stay safe by using the credit union’s mobile products that can protect you from fraud. Call 330-364-8874 or stop by your closest DoverPhila Federal Credit Union location for more information.

Debit Card Safety

How do you pay for your purchases? It may be instinct for you to pull out any piece of plastic without thinking, but your random card of choice might not be the safest way to pay. Let’s explore when and how to use your debit card. 

Credit and debit: How are they different? 
Appearances aside, your credit and debit cards have very little in common. Credit cards allow you to choose your purchases now and pay for them weeks, months or even years later. A balance that grows over time will be charged interest, but if you make timely payments, you’ll have yourself a small loan that usually costs you little to nothing. Credit cards also offer rewards, purchase protection and the ability to back out of a purchase you’ve decided against. You can also contest fraudulent charges on your account, or freeze your credit on a compromised card.  

Debit card payments, on the other hand, will take the money right out of your checking account as soon as you swipe. There’s no interest here, but there also may be less purchase protection. Debit cards are great for helping you stick to your budget and steer clear of debt. However, because they may offer little recourse in case of fraud, credit cards can be the better choice in vulnerable situations. 

Here’s where you may not want to use your debit card: 

  • At the pump. Card skimmers at gas stations are on the rise. By using your credit card instead of your debit card at the pump, you’ll have an added layer of protection against fraud. You can also choose to use cash and avoid the risk of getting skimmed altogether. 
  • At an isolated ATM. Isolated ATMs in locations with very little security and sparse foot traffic are prime targets for hackers.
  • In an unfamiliar location. When on vacation, think before you swipe. You don’t know the area and you can’t be certain which clerks are to be trusted. You’re better off paying with a credit card or with cash so your purchases are protected against fraud. 
  • For large purchases. If you’re springing for a big-ticket item, use your credit card. It’ll offer you dispute rights in case the product doesn’t turn out as you expected. 
  • Restaurants. When you hand a restaurant server your debit card at the end of a meal, they have more than enough time to also swipe your card info! 

Look out for skimmers.
DoverPhila Federal Credit Union encourages its members to use their debit or credit card with caution. It is always good practice to check the payment processor for anything that looks out-of-place, such as a newer keypad on an older machine or a hard-to-use slot for cards.

Stay ahead of hackers.
The credit union offers the My Mobile Money App, a mobile app that helps you control and monitor debit card usage anywhere and at any time using your smartphone, for free! Download the app and take control for your debit card by clicking here.

DoverPhila Introduces New Products While Continuing to Give Back

DoverPhila Federal Credit Union continues to strive in the financial industry while giving back as it wraps up another successful year.

The credit union was able to give back $1.2 million to its members. DoverPhila is a community-focused, financial cooperative controlled by its members making it possible for it to reward its members with a bonus dividend. The credit union’s financial success is also shared with its members through other fiscal opportunities such as low cost auto loans, higher interest rates on certificates of deposits (CDs), and a vast array of other products and services.

The credit union also continued to build its relationships within Tuscarawas County through various sponsorships that included Union Hospital’s Run for Home half-marathon, United Way of Tuscarawas County’s Color Us United 2k and Rock ‘n Run 5k, Tusky Days Festival, East Central Ohio ESC’s Family Reading Festival, New Towne Mall’s Wishes & Wants, and Tuscarawas County Public Library Bookin’ It 5k Walk/Run. The credit union also donated to area organizations such as United Way of Tuscarawas County, Junior Achievement of East Central Ohio, Leadership Tuscarawas, Tuscarawas Clinic for the Working Uninsured, Kent State University Tuscarawas, Tuscarawas County Philharmonic, Tuscarawas County Community Hospice, Trinity Hospital Twin City’s mammography unity expansion, and many more.

This year also marked the construction of the credit union’s new North Dover location and the launch of new financial resources. These services include the My Mobile Money App that allows members to control how their DoverPhila debit cards are used, a web-based financial literacy program called Banzai that is available for free to area schools and community organizations, and a new mortgage service area available on its website that offers various mortgage calculators along with prequalification and full-residential loan applications.

DoverPhila Federal Credit Union is excited to welcome 2018 as it continues to serve and meet the needs of its members while building community. Anyone who lives, works, and attends church or school in Tuscarawas County can share in its success by making a simple $5 deposit at any of its five locations in Dover, New Philadelphia, Newcomerstown, and Uhrichsville. Please call a member service representative at 330-364-8874 for more information about opening an account.