Magazine article Work & Family Life

Sounds Too Good to Be True? It Probably Is

Magazine article Work & Family Life

Sounds Too Good to Be True? It Probably Is

Article excerpt

Q People disagree over- whether to use a credit card to pay for online auction items. What have you heard? -D.N., Lincoln, Nebraska

A We wondered about this too. According to the Federal Trade Commission, credit cards actually offer the most protection if something goes wrong with an online purchase. Or, if the seller doesn't accept credit cards, you should consider using an escrow service. However, the FTC emphasizes the importance of not disclosing your credit card number, Social Security number, telephone number, or your address unless you know precisely who's asking for it and how the information will be used. Here are some more tips from the FTC to help protect consumers from online scams. If something sounds too good to be true, it probably is. Watch out for high-voltage words like 11 miracle," "secret ingredient," 11 scientific breakthrough," "easy money," "can't miss" or "profits guaranteed. …

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