If you’re still waiting for your Economic Impact Payments, you might be getting a debit card instead of a check in the mail. This, of course, is the money that’s meant to give relief due to the Coronavirus pandemic. You may have already gotten your payment by direct deposit or by check. But if you’re still waiting, watch your mailbox for either a check OR a VISA debit card. IMPORTANT REMINDER: the government will never, ever call, text, email, or ask you to click on a link they sent to activate your card or get your money. Here's the 101 (the 4-1-1, the "need to know", etc.) if your payment comes in the form of a debit card...
Believe it or not, scammers take every opportunity at a time like this to collect our personal information and money. As online shopping and remote work increases, here are the current common Coronavirus scams according to the Federal Trade Commission and what to do about them:
SCAM 1: Undelivered Goods. Scammers selling goods online claim they have high-demand items in stock. You place an order and never get your shipment. This is more and more common as anyone can set up shop and look like they’re selling legitimate products.
WHAT TO DO: Stick to sites you know and trust. Check out the seller by searching for previous customer reviews. If you decide to buy, use a credit card to keep record of the transaction and make sure you see ""https" when you check out. If you’re concerned about the pricing of products in your area, contact your state consumer protection officials via www.naag.org .
Blog editor and Accredited Financial Counselor sharing real-life money smarts that can help you stay on track with financial goals while still enjoying life!
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