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Money Talk

Tips and Tricks to help you make better decisions and live your best financial life.

What Is Identity Theft

This simple video explains the ins and outs of identity theft, and how you can protect yourself. It also outlines what to do if you think your identity has been stolen.

What Does a Fraudster Look Like Video
What Does a Fraudster Look Like?

Do you know how to recognize a fraudster? Did you know there are red flags that can tip you off to whether or not someone it trying to commit fraud? This quick two minute video provides some key factors to help you spot a fraudster.

FTC Report Video
How to File a Report with the FTC

If you've been caught by fraudsters or got swindled by a scam artist, you should consider reporting your case to the Federal Trade Commission. This simple video outlines what steps you need to take to file a complain. Whether a business hasn't delivered on their promise, or you've been cheated out of money, this video shows you what you need to do next. 

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Top 10 Financial Scams Targeting Seniors

Financial scams targeting seniors have become so prevalent that they’re now considered “the crime of the 21st century.” Why? Because seniors are thought to have a significant amount of money sitting in their accounts.

tech control room
Tech Support Scams

Tech support scams are easy to fall for because a lot of us aren't experts in this area and believe there could be a problem with your computer (or other device) even when there isn't.

rolled bills
Get Rich Scams

If it sounds too good to be true, it probably is. Scammers are counting on you to not do any research before you invest your money. Investment Fraud can happen to anyone, so be sure to know what you can do to avoid it and how to spot red flags.

 

 

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Can I Trust Credit Karma?

Q: I’m trying to increase my credit score ahead of applying for a large loan, so I’m considering signing up for Credit Karma to track my score. How accurate are the credit scores it shares? Is there anything I need to be aware of before signing up for this service?

wooden mouse trap
Understanding the Credit Card Trap

Did you know the average American household carries $6,358 in credit card debt?

At an average rate of interest, and paying only the minimum, accumulated interest over 5 years may result in your paying double the amount that was originally spent! Find out more.

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The Credit Union Difference: The History of Credit Unions

As a member of MIT FCU, you know that credit unions are always striving to serve their members and community in as many ways as possible. We value each member’s input as an equal owner in the credit union, and offer flexible loan terms as well as low-cost accounts. We also reward our members with higher dividends, and proudly donate our time and our resources to community initiatives and organizations. 

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