THE LIGHTED

Car leasing Shopping Tips

admin — Tue, 09 Aug 2011 01:13:57 +0000

Shopping Tips

First, decide whether you want to buy with cash, buy on credit, or lease. When making your decision, be sure to take into account such expenses as the cost of insurance, maintenance, and special fees.

To help you compare the cost of buying on credit with the cost of open end leasing, you . . . → Read More: Car leasing Shopping Tips

Is Leasing Right For You?

admin — Tue, 09 Aug 2011 01:10:56 +0000

Answer each of the questions below, then tally the total points to learn whether leasing is a good or poor option for your next auto transaction.

Questions Points Your Points 1. I expect to hold onto the car: 3 years or less 1 Point Between 3 & 4 years 2 Points For as long as it lasts 3 Points 2. The condition in which I . . . → Read More: Is Leasing Right For You?

Key Steps to Take to End Your Lease

admin — Tue, 09 Aug 2011 01:09:40 +0000

Step 1: Collect Information

Two months before the lease ends, read your contract and gather information on end of lease costs and the value of your vehicle. Here’s what you need to know:

Excess Wear and Tear Charges

Get an estimate. Always ask your dealer to provide you with a written estimate of any wear and tear . . . → Read More: Key Steps to Take to End Your Lease

Important End of Lease Information

admin — Tue, 09 Aug 2011 01:08:17 +0000

Getting rid of a leased car doesn’t have to be expensive, if you know what to watch out for. This information will help you negotiate the best deal at the end of your lease. It will also help you decide whether to keep the car and get out of the leasing cycle.

Every lease . . . → Read More: Important End of Lease Information

Car leasing Tips

admin — Tue, 09 Aug 2011 01:07:09 +0000

Consider Beginning, Middle, and End-of-lease Costs

At the beginning of the lease, you may have to pay your first monthly payment; a refundable security deposit or your last monthly payment; other fees for licenses, registration, and title; a capitalized cost reduction (like a down payment); an acquisition fee (also called a processing or . . . → Read More: Car leasing Tips

Arrendar un vehículo es distinto a comprarlo He aquí por qué . . .

admin — Tue, 09 Aug 2011 01:01:50 +0000

Propiedad Arrendamiento–Usted no es propietario del vehículo. Puede usarlo, pero debe devolverlo al finalizar el contrato de arrendamiento a menos que decida comprarlo. Compra–Usted es el dueño del vehículo. Puede quedarse con el mismo al terminar el período de financiamiento. Costos por adelantado Arrendamiento–Los costos por adelantado pueden incluir la primera cuota mensual; un depósito . . . → Read More: Arrendar un vehículo es distinto a comprarlo He aquí por qué . . .

Leasing -Tips for you

admin — Tue, 09 Aug 2011 01:00:41 +0000

Consider beginning, middle, and end-of-lease costs

Leasing is different from buying. Here’s how . . .

admin — Tue, 09 Aug 2011 00:59:20 +0000

Ownership LEASING: You do not own the vehicle. You get to use it but must return it at the end of the lease unless you choose to buy it. BUYING: You own the vehicle and get to keep it at the end of the financing term. Up-front costs LEASING: Up-front costs may include the first month’s payment, a refundable . . . → Read More: Leasing is different from buying. Here’s how . . .

Model Closed-End Or Net Vehicle Lease Disclosure Forms

admin — Tue, 09 Aug 2011 00:55:10 +0000

Federal Consumer Leasing Act Disclosures Date ______ Amount Due at Lease Signing or Delivery

(Itemized below)*

$____ Monthly Payments

Your first monthly payment of $____ is due on ______, followed by ______ payments of $____due on the ______ of each month.

The total of your monthly payments is $____ Other Charges (not part of your monthly payment)

Disposition fee (If you do . . . → Read More: Model Closed-End Or Net Vehicle Lease Disclosure Forms

End-Of-Lease Costs And Other Considerations

admin — Tue, 09 Aug 2011 00:50:38 +0000

When you buy an automobile, the hard bargaining and stressful confrontations often come at the beginning of the deal. In contrast, leasing is quite simple at the onset but potentially complicated at the end. When you turn the car in, problems may develop. They can be avoided by reading the fine print, . . . → Read More: End-Of-Lease Costs And Other Considerations

Major Steps In Automobile Leasing

admin — Tue, 09 Aug 2011 00:49:31 +0000

Know the important questions to ask before you lease a car. There are major differences between buying and leasing. However, the first steps in leasing are the same as those in buying a car.

Collect Information

select the model you are interested in and record the identifying data at the dealership, negotiate a fair price for the . . . → Read More: Major Steps In Automobile Leasing

Advantages & Disadvantages Of auto Leasing

admin — Tue, 09 Aug 2011 00:48:42 +0000

Advantages To Leasing The monthly payment is lower than when buying a car. In some cases there is no down payment at all. Leasing puts the driver in a new car every two or three years. For some consumers, this is an important lifestyle consideration. Leasing also allows consumers to drive a more expensive vehicle than . . . → Read More: Advantages & Disadvantages Of auto Leasing

Auto Leasing Terms

admin — Tue, 09 Aug 2011 00:47:22 +0000

Balloon Payment. A large final payment due at the end of a lease. (Allows a lower monthly payment. Capitalized Cost (Cap Cost). The base price on which a dealer will agree to lease a vehicle. Capitalized Cost Reduction. A cash (or trade) down payment the leasing customer makes to reduce the base leasing price (Cap Cost). Dealer Cost (Invoice . . . → Read More: Auto Leasing Terms

Auto Leasing-The Leasing Question

admin — Tue, 09 Aug 2011 00:45:40 +0000

Leasing became popular when businesses wanted to operate automobile fleets while avoiding the high cost of ownership and maintenance. When individual leasing developed, consumers were faced with a new market question: to lease or not to lease.

Automobile leasing is not a simple matter. Cars lose value or depreciate over time. When you . . . → Read More: Auto Leasing-The Leasing Question

If You Have Problems With Warranty of Vehicle Service contract ….

admin — Sun, 07 Aug 2011 03:49:03 +0000

If you have a problem that you think is covered by a warranty or service contract, follow the instructions to get service. If a dispute arises, there are several steps you can take:

Try to work it out with the dealer. Talk with the salesperson or, if necessary, the owner of the dealership. Many . . . → Read More: If You Have Problems With Warranty of Vehicle Service contract ….

SUMMARY OF USED CAR BUYING TIPS

admin — Sun, 07 Aug 2011 03:46:50 +0000

Don’t buy on impulse or because the salesperson is pressuring you to make a decision. Check out the car’s repair record, maintenance costs, and safety and mileage ratings in consumer magazines or online. Look up the “blue book” value and be prepared to negotiate the price. Buying from a dealer? Look for the Buyers Guide. It’s . . . → Read More: SUMMARY OF USED CAR BUYING TIPS

The negotiations of price and terms of a used car

admin — Sun, 07 Aug 2011 03:45:56 +0000

Negotiation is the process of discussing the price and terms of a used car, eventually arriving at an agreement between the buyer and seller. Any well-informed buyer can negotiate a fair deal using the following steps.

Make an offer. It should be 15% to 20% below the maximum amount you would pay so . . . → Read More: The negotiations of price and terms of a used car

Before you Negotiate price on used Car ….

admin — Sun, 07 Aug 2011 03:42:57 +0000

Visit the dealership, superstore, car lot or other source. When buying from a private individual, adapt the following steps to that type of sale. Take a notepad and calculator. Be prepared to spend time.

Meet the salesperson or seller and write down his or her name. Look for the models you are most interested . . . → Read More: Before you Negotiate price on used Car ….

Used Car Pre-Purchase Independent Inspection

admin — Sun, 07 Aug 2011 03:41:13 +0000

It’s best to have any used car inspected by an independent mechanic before you buy it. For about $100 or less, you’ll get a general indication of the mechanical condition of the vehicle. An inspection is a good idea even if the car has been “certified” and inspected by the dealer and . . . → Read More: Used Car Pre-Purchase Independent Inspection

used Car Private Sales

admin — Sun, 07 Aug 2011 03:39:36 +0000

An alternative to buying from a dealer is buying from an individual. You may see ads in newspapers, on bulletin boards, or on a car. Buying a car from a private party is very different from buying a car from a dealer.

Private sellers generally are not covered by the Used Car Rule and . . . → Read More: used Car Private Sales

Used Vehicle- Buyers Guide – WARRANTIES

admin — Sun, 07 Aug 2011 03:37:54 +0000

The Buyers Guide must tell you:

whether the vehicle is being sold “as is” or with a warranty; what percentage of the repair costs a dealer will pay under the warranty; that spoken promises are difficult to enforce; to get all promises in writing; to keep the Buyers Guide for reference after the sale; the major mechanical and electrical systems on the . . . → Read More: Used Vehicle- Buyers Guide – WARRANTIES

Where To Buy A Used Car

admin — Sun, 07 Aug 2011 03:36:25 +0000

Where To Buy A Used Car

Buying a used car is an important financial decision. Generally, the price of a used car is determined by who is selling it. So, it is smart to gather information before you buy, such as knowing what you can afford, then carefully exploring financial arrangements as you negotiate . . . → Read More: Where To Buy A Used Car

Advantages and Disadvantages of Used Cars

admin — Sun, 07 Aug 2011 03:35:41 +0000

How to Buy a Used Car Advantages and Disadvantages of Used Cars

In 1996, very nearly two out of every three cars sold were used cars. Many consumers, especially teenagers, cannot afford to buy a new car when the average price is approximately $18,000. The cost of insurance is much higher for a new car, . . . → Read More: Advantages and Disadvantages of Used Cars

Guaranteed Auto Protection Plans

admin — Sun, 07 Aug 2011 03:34:54 +0000

Guaranteed Auto Protection Plans (GAP) may be offered to you when you buy a new car. GAP protection covers the difference between what the consumer’s insurance pays when a vehicle is totaled or stolen and not recovered and the amount the consumer owes to the bank, sales finance company, or lessor. The . . . → Read More: Guaranteed Auto Protection Plans

Car Financing Scams

admin — Sun, 07 Aug 2011 03:32:28 +0000

Fast Facts Some auto dealers claim that you can save money by financing a car rather than paying cash. You may be shown a computer printout that compares financing at one rate and investing the cash not spent in a certificate of deposit (CD) at a lower rate. The comparison leaves out a crucial point when you . . . → Read More: Car Financing Scams

Worksheet for Buying a New Car

admin — Sun, 07 Aug 2011 03:30:56 +0000

Before you negotiate the price of your next new car, use this worksheet to establish the bargaining room.

Model ______ Base Price______

Options: Invoice Price* Sticker Price Transmission: Automatic___Manual___ Air Conditioning Engine: Size______ Audio System: AM-FM___w/cassette___w/CD___ Brakes: Antilock___ Power-assisted___ Power Locks Seats: Power___ Heated___ Leather___ Rear Window: Wiper___ Defroster___ Wheels and Tires: Alloy Wheels All Season Tires Mirrors and Lights: Illuminated Dual Vanity Mirrors Map Lights Exterior Power Mirrors Alarm System Cellular Telephone Remote Keyless Entry SunroofOther: ________ _____________ _____________ _____________ ______ ______ ______

______ ______ ______ ______ ______

______ ______

______ ______ ______ ______ ______ ______ ______

______ ______ ______ ______ ______

______ ______

______ ______ ______ ______ ______ ______ ______

______ ______ ______ ______ Totals

*You can get . . . → Read More: Worksheet for Buying a New Car

Financing Your New Car

admin — Sun, 07 Aug 2011 03:28:13 +0000

If you decide to finance your car, be aware that the financing obtained by the dealer, even if the dealer contacts lenders on your behalf, may not be the best deal you can get. Contact lenders directly. Compare the financing they offer you with the financing the dealer offers you. Because offers . . . → Read More: Financing Your New Car

Learning the Terms of new car purchase

admin — Sun, 07 Aug 2011 03:27:34 +0000

Negotiations often have a vocabulary of their own. Here are some terms you may hear when you’re talking price.

Invoice Price is the manufacturer’s initial charge to the dealer. This usually is higher than the dealer’s final cost because dealers receive rebates, allowances, discounts, and incentive awards. Generally, the invoice price should include freight . . . → Read More: Learning the Terms of new car purchase

Buying A New Car

admin — Sun, 07 Aug 2011 03:26:34 +0000

A new car is second only to a home as the most expensive purchase many consumers make. According to the National Automobile Dealers Association, the average price of a new car sold in the United States as of June 1998 was $23,480. That’s why it’s important to know how to make a . . . → Read More: Buying A New Car

Used Cars: Warranty Protection

admin — Sun, 07 Aug 2011 03:25:34 +0000

Used Cars: Warranty Protection

When shopping for a used car, look for a Buyer’s Guide sticker posted on the car’s side window. This sticker is required by the FTC on all used cars sold by dealers. It tells whether a service contract is available. It also indicates whether the vehicle is being sold with . . . → Read More: Used Cars: Warranty Protection

How Are Auto Service Contract Claims Handled

admin — Sun, 07 Aug 2011 03:24:30 +0000

When your car needs to be repaired or serviced, you may be able to choose among several service dealers or authorized repair centers. Or, you may be required to return the vehicle to the selling dealer for service. That could be inconvenient if you bought the car from a dealership in another . . . → Read More: How Are Auto Service Contract Claims Handled

How Much Does The Auto Service Contract Cost?

admin — Sat, 06 Aug 2011 22:13:24 +0000

Usually, the price of the service contract is based on the car make, model, condition (new or used), coverage, and length of contract. The upfront cost can range from several hundred dollars to more than $1,000.

In addition to the initial charge, you may need to pay a deductible each time your car is . . . → Read More: How Much Does The Auto Service Contract Cost?

Auto Service Contracts

admin — Sat, 06 Aug 2011 22:12:07 +0000

Auto Service Contracts

Buying a car? You also may be encouraged to buy an auto service contract to help protect against unexpected, costly repairs. While it may sound like a good idea, don’t buy in until you understand both the terms of the contract and who is responsible for providing the coverage. Service . . . → Read More: Auto Service Contracts

Gas mileage tips- Planning and Combining Trips

admin — Sun, 29 May 2011 04:25:56 +0000

Combining errands into one trip saves you time and money. Several short trips taken from a cold start can use twice as much fuel as a longer multipurpose trip covering the same distance when the engine is warm. Trip planning ensures that traveling is done when the engine is warmed-up and efficient, and it can reduce . . . → Read More: Gas mileage tips- Planning and Combining Trips

Gas mileage tips-Keep your car in shape

admin — Sun, 29 May 2011 04:23:50 +0000

Keep Your Engine Properly Tuned

Fixing a car that is noticeably out of tune or has failed an emissions test can improve its gas mileage by an average of 4 percent, though results vary based on the kind of repair and how well it is done.

Fixing a serious maintenance problem, such as a faulty oxygen sensor, can . . . → Read More: Gas mileage tips-Keep your car in shape

Fuel Saving Tips – Drive Sensibly

admin — Sun, 29 May 2011 04:19:33 +0000

Drive Sensibly

Aggressive driving (speeding, rapid acceleration and braking) wastes gas. It can lower your gas mileage by 33 percent at highway speeds and by 5 percent around town. Sensible driving is also safer for you and others, so you may save more than gas money.

Fuel Economy Benefit: 5–33% Equivalent Gasoline Savings: $0.19–$1.27/gallon Observe the Speed Limit

While each vehicle reaches its . . . → Read More: Fuel Saving Tips – Drive Sensibly

Are you willing to pay a fuel penalty for all those extras?

admin — Sun, 29 May 2011 04:14:36 +0000

Are you willing to pay a fuel penalty for all those extras?

Most new cars are available with a wide array of options, ranging from air conditioning to power windows to automatic seat warmers. If you’re a “bells and whistles” type of person, you may want everything that’s available. But there are two costs to consider: the . . . → Read More: Are you willing to pay a fuel penalty for all those extras?

What size engine do you need for your Vehicle?

admin — Sun, 29 May 2011 04:13:05 +0000

When you purchase a new vehicle directly from a dealership, you may have more than one choice of engine. All other things being equal, the larger the engine (the greater the volume of the cylinders) and the more cylinders it has, the greater its fuel consumption. In addition, smaller engines usually cost less.

That does not mean that . . . → Read More: What size engine do you need for your Vehicle?

Do you need four-wheel drive?

admin — Sun, 29 May 2011 04:11:46 +0000

You sometimes have a choice of front-wheel, rear-wheel, four-wheel or all-wheel drive. But the choice need not be confusing. Here’s what you need to know from a fuel efficiency perspective.

By far most passenger cars and minivans sold today are front-wheel drive. Because there is no need for an axle to run from the transmission to the . . . → Read More: Do you need four-wheel drive?

Options for fuel efficiency

admin — Sun, 29 May 2011 04:09:58 +0000

Options for fuel efficiency

A number of inexpensive options can help you reduce fuel consumption:

Air conditioning can increase fuel consumption by 20 percent in city driving because of the extra load placed on the engine. A good ventilation system reduces the need to drive with the air conditioning on or the windows open. Open windows or sunroofs can . . . → Read More: Options for fuel efficiency

Personal: Transportation- How big is big enough?

admin — Sun, 29 May 2011 04:05:51 +0000

How big is big enough?

One of your first and most important decisions is: What size vehicle do you need? Your range of choices is impressive. Can you get by with a fuel-efficient subcompact vehicle, or do you need a van, a pickup truck or maybe even one of the popular sport utility vehicles?

It’s always a good . . . → Read More: Personal: Transportation- How big is big enough?

Personal: Transportation New or Used?

admin — Sun, 29 May 2011 04:04:23 +0000

New or Used?

One of your key decisions will be whether to buy a new or a used vehicle. Newer vehicles tend to be more fuel efficient than older models. The extra purchase price could be offset by reduced fuel costs and the peace of mind that comes with owning a vehicle that is covered by a . . . → Read More: Personal: Transportation New or Used?

Buying a Fuel-Efficient Vehicle- Electric Vehicles

admin — Sun, 29 May 2011 03:58:08 +0000

Electric Vehicles

For personal transportation the three main types of electric vehicles are as follows:

Hybrid ElectricA hybrid electric vehicle uses two sources of power to move the vehicle. The first power source is a conventional internal combustion engine that can be fuelled by gasoline, diesel or other alternative transportation fuels. The second power source is an electric . . . → Read More: Buying a Fuel-Efficient Vehicle- Electric Vehicles

Tips for Online Shopping

admin — Mon, 07 Feb 2011 01:57:34 +0000

Shopping online offers lots of benefits that you won’t find shopping in a store or by mail. The Internet is always open and bargains can be numerous. With a click of a mouse, you can buy an airline ticket, book a hotel, send flowers to a friend, or buy your favorite fashions. But sizing up your . . . → Read More: Tips for Online Shopping

Social Networking Sites : Safety Tips for Tweens and Teens

admin — Mon, 07 Feb 2011 01:54:00 +0000

You’ve probably learned a long list of important safety and privacy lessons in your life: Look both ways before crossing the street; buckle up; don’t talk to strangers; hide your diary where your nosy brother can’t find it. Add one more lesson to the list: Don’t post information about yourself online that you don’t want the . . . → Read More: Social Networking Sites : Safety Tips for Tweens and Teens

ONLINE SCAMS

admin — Mon, 07 Feb 2011 01:48:08 +0000

Some email users have lost money to bogus offers that started as spam in their in-box. Con artists are very cunning; they know how to make their claims seem legitimate. Some spam messages ask for your business, others invite you to a website with a detailed pitch.

Here are some basic tips to help you avoid being . . . → Read More: ONLINE SCAMS

Wireless Security

admin — Mon, 07 Feb 2011 01:39:02 +0000

Increasingly, computer users interested in convenience and mobility are accessing the Internet wirelessly. Today, business travelers use wireless laptops to stay in touch with the home office; vacationers beam snapshots to friends while still on holiday; and shoppers place orders from the comfort of their couches. A wireless network can connect computers in different parts of . . . → Read More: Wireless Security

Glossary of Internet terms /Online Languages :Learning the Web Language

admin — Mon, 07 Feb 2011 01:32:58 +0000

Adware: A type of software that

often comes with free downloads.

Some adware displays ads on your

computer, while some monitors your

computer use (including websites

visited) and displays targeted ads

based on your use.

Anti-Virus Software: Protects

your computer from viruses that

can destroy your data, slow your

computer’s performance, cause a

crash, or even allow spammers to

send email through your account.

Bandwidth: A measure of the . . . → Read More: Glossary of Internet terms /Online Languages :Learning the Web Language

Protect your passwords, Back up important files, Learn who to contact if something goes wrong online.

admin — Mon, 07 Feb 2011 01:19:47 +0000

Protect your passwords.

Keep your passwords in a secure place, and out of plain view. Don’t share passwords on the Internet, over email, or on the phone. Your Internet Service Provider (ISP) should never ask for your password. Hackers may try to figure out your passwords to gain access to your computer. To make it tougher for . . . → Read More: Protect your passwords, Back up important files, Learn who to contact if something goes wrong online.

Set up your operating system and Web browser software properly, and update them regularly.

admin — Mon, 07 Feb 2011 01:14:01 +0000

Be sure to set up your operating system and Web browser software properly, and update them regularly.

Hackers take advantage of Web browsers (like Internet Explorer or Firefox) and operating system software (like Windows or Linux) that are unsecured. Lessen your risk by changing the settings in your browser or operating system to increase your online security. . . . → Read More: Set up your operating system and Web browser software properly, and update them regularly.

Use antivirus and anti-spyware software, as well as a firewall, and update them all regularly.

admin — Mon, 07 Feb 2011 01:05:59 +0000

Use antivirus and anti-spyware software, as well as a firewall, and update them all regularly.

Dealing with anti-virus and firewall protection may sound about as exciting as flossing your teeth, but it’s just as important. Having intense dental treatment is never fun; neither is dealing with the effects of a preventable computer virus.

Anti-virus Software

Anti-virus software protects your . . . → Read More: Use antivirus and anti-spyware software, as well as a firewall, and update them all regularly.

Know who you’re dealing with on line : FREE SOFTWARE AND FILE-SHARING:

admin — Mon, 07 Feb 2011 00:57:41 +0000

Know who you’re dealing with.

And know what you’re getting into. There are dishonest people in the bricks and mortar world as well as on the Internet. But online, you can’t judge an operator’s trustworthiness with a gut-affirming look in the eye. It’s remarkably simple for online scammers to impersonate a legitimate business, so you need to . . . → Read More: Know who you’re dealing with on line : FREE SOFTWARE AND FILE-SHARING:

Protect your personal information . It’s valuable.

admin — Mon, 07 Feb 2011 00:56:58 +0000

Protect your personal information . It’s valuable.

To an identity thief, your personal information can provide instant access to your financial accounts, your credit record, and other assets. If you think no one would target your personal information, think again. The reality is that anyone can be a victim of identity theft. According to a Federal Trade . . . → Read More: Protect your personal information . It’s valuable.

Online Auctions: Bidders Be Cautious

admin — Mon, 07 Feb 2011 00:46:50 +0000

Online Auctions: Bidders Be Wary

Online payment and escrow services have become extremely popular in the Internet auction world – and for good reasons: Online payment services allow buyers to use a credit card or electronic bank transfer to pay sellers who may not be equipped to accept these kinds of transactions. Online escrow services accept and . . . → Read More: Online Auctions: Bidders Be Cautious

Another Way to Buy Online: Layaway : Layaway Tips

admin — Mon, 07 Feb 2011 00:44:56 +0000

Layaway: Another Way to Buy

If you don’t want to pay with plastic and you don’t have the necessary cash on hand, you may want to ask a merchant about a layaway plan. Layaway purchase plans are designed for people who want to buy products and services without using credit or paying the full price immediately.

When you . . . → Read More: Another Way to Buy Online: Layaway : Layaway Tips

A Checklist : Is the business you’re buying from “consumer-friendly” for international e-commerce?

admin — Mon, 07 Feb 2011 00:41:59 +0000

A Checklist Is the business you’re buying from “consumer-friendly” for international e-commerce?

Does Its Web Site Clearly Disclose Information:

About the Company:

what kind of business it is and what it sells? where it is located, including the country? how you can contact the business?

About the Product or Service:

what’s being sold, with enough details for you to know exactly what you’re buying? the . . . → Read More: A Checklist : Is the business you’re buying from “consumer-friendly” for international e-commerce?

A Guide for E-Consumers. Going Shopping? Go Global!

admin — Mon, 07 Feb 2011 00:40:52 +0000

Going Shopping? Go Global! A Guide for E-Consumers.

Shopping online opens up a whole world of goods and services. With the simple click of a computer mouse, you can order tulip bulbs directly from Holland, exotic spices from Turkey or handwoven wall hangings from Mexico or Morocco.

The World Wide Web has expanded the international marketplace in a . . . → Read More: A Guide for E-Consumers. Going Shopping? Go Global!

Using Wire Transfers for Internet Auction Purchases Can Be Risky

admin — Mon, 07 Feb 2011 00:37:56 +0000

Going, Going, Gone: Using Wire Transfers for Internet Auction Purchases Can Be Risky

Internet auction sites give buyers access to an incredible array of merchandise from around the world. And while many people are thrilled with their purchases, others have learned that transactions between buyers and sellers can be risky. The Federal Trade Commission (FTC), the nation’s . . . → Read More: Using Wire Transfers for Internet Auction Purchases Can Be Risky

Beware of Check Overpayment Scams

admin — Mon, 07 Feb 2011 00:36:43 +0000

Check Overpayment Scams: Seller Beware

Thinking of selling a car or another valuable item through an online auction or your newspaper’s classified section? If so, the Federal Trade Commission (FTC), the nation’s consumer protection agency, wants you to know about check overpayment scams.

According to FTC officials, the scams work like this: Someone responds to your posting or . . . → Read More: Beware of Check Overpayment Scams

Be Careful about Search Engine Rank while choosing your vendor

admin — Mon, 07 Feb 2011 00:35:00 +0000

Being Frank about Search Engine Rank

You’re using your favorite search engine, ready to find the most appropriate sites for your needs. You type in your search terms, and up comes a list of the most relevant sites, right? Not necessarily, says the FTC

Often, search engines look for your search term within the web pages they’ve collected . . . → Read More: Be Careful about Search Engine Rank while choosing your vendor

Holiday Shopping on a Budget: Tips

admin — Mon, 07 Feb 2011 00:30:14 +0000

Holiday Shopping on a Budget: Tips

Make a list and set a budget. List the people you plan to buy gifts for, the type of gifts you plan to buy, and how much you plan to spend. Include the cost of cash gifts, holiday travel, extra food, wrappings, decorations, greeting cards, and postage. If it relates to . . . → Read More: Holiday Shopping on a Budget: Tips

9 Best Online Shopping Tips

admin — Mon, 07 Feb 2011 00:27:29 +0000

9 Online Shopping Tips Know who you’re dealing with.

Confirm the online seller’s physical address and phone number before you buy. It comes in handy if you have questions or problems later.

Know what you’re buying. Read the seller’s description of the product and even though it can be painful, the fine print. Check out the terms and conditions. Can you . . . → Read More: 9 Best Online Shopping Tips

Internet Auctions :Tips for Sellers…

admin — Mon, 07 Feb 2011 00:22:40 +0000

Tips for Sellers… Know Your Legal Obligations

Under federal law, you’re required to advertise your product or service and the terms of the sale honestly and accurately. You can’t place “shill” bids on your item to boost the price or offer false testimonials about yourself in the comment section of Internet auction sites. You’re prohibited from auctioning illegal goods; . . . → Read More: Internet Auctions :Tips for Sellers…

Internet Auctions Tips for Buyers

admin — Mon, 07 Feb 2011 00:21:11 +0000

Tips for Buyers…

Despite complaints of fraud, online auctions remain a fun, efficient, and relatively safe way to shop — if you act prudently. Here’s how:

Before Bidding

Become familiar with the auction site. Never assume that the rules of one auction site apply to another. If the site offers a step-by-step tutorial on the bidding process, take it. It . . . → Read More: Internet Auctions Tips for Buyers

Internet Auctions: Types of Fraud ,Fake Check Scams Target Sellers

admin — Mon, 07 Feb 2011 00:19:58 +0000

Types of Fraud

Most people who complain about Internet auction fraud report problems with sellers who:

fail to send the merchandise. send something of lesser value than advertised. fail to deliver in a timely manner. fail to disclose all relevant information about a product or terms of the sale.

Some buyers experience other problems, including:

“bid siphoning,” when con artists lure bidders off . . . → Read More: Internet Auctions: Types of Fraud ,Fake Check Scams Target Sellers

Internet Auctions: Payment Options

admin — Mon, 07 Feb 2011 00:16:32 +0000

Payment Options

Successful bidders can choose among many options to pay for an item they have bought on an Internet auction — credit card, online payment service (which often accepts credit card payments), debit card, personal check, cashier’s check, money order, or escrow service. Sometimes, the seller limits the types of payment accepted and posts that information . . . → Read More: Internet Auctions: Payment Options

Internet Auctions, How Internet Auctions Work Rules of the Marketplace

admin — Mon, 07 Feb 2011 00:12:35 +0000

Internet auction sites give buyers a “virtual” flea market with new and used merchandise from around the world; they give sellers a global storefront from which to market their goods. But the online auction business can be risky business

The complaints generally deal with late shipments, no shipments, or shipments of products that aren’t the same quality . . . → Read More: Internet Auctions, How Internet Auctions Work Rules of the Marketplace

Keeping Close Tabs on Your Account

admin — Mon, 07 Feb 2011 00:08:27 +0000

Keeping Close Tabs on Your Account Keep track of deposits. Make sure you record all deposits to your checking account in your checkbook immediately. When you make deposits, save the receipts. They can help resolve mistakes. Remember to record all automatic or Electronic Fund Transfer (EFT) deposits, such as your paycheck, in your checkbook when they’re credited to . . . → Read More: Keeping Close Tabs on Your Account

Electronic Check Conversion

admin — Mon, 07 Feb 2011 00:07:44 +0000

Electronic Check Conversion

The next time you write a check to your local merchant, the cashier may hand it back to you after the payment has been processed – electronically. Or maybe you’re mailing a check as payment to a company. That payment, too, may be processed electronically. Why? More merchants and companies are using electronic check . . . → Read More: Electronic Check Conversion

Electronic Fund Transfers : Where to File Complaints in USA

admin — Sun, 06 Feb 2011 13:55:58 +0000

Where to File Complaints

If you think a financial institution or company has failed to fulfill its responsibilities to you under the EFT Act, speak up. In addition, you may wish to complain to the federal agency listed below that has enforcement jurisdiction over that company.

Office of the Comptroller of the Currency: Regulates banks with “national” in . . . → Read More: Electronic Fund Transfers : Where to File Complaints in USA

Electronic Fund Transfers :Lost or Stolen ATM or Debit Cards -Limited Stop-Payment Privileges

admin — Sun, 06 Feb 2011 13:55:04 +0000

Errors

You have 60 days from the date a periodic statement containing a problem or error was sent to you to notify your financial institution. The best way to protect yourself if an error occurs — including erroneous charges or withdrawals from an account, or for a lost or stolen ATM or debit card — is to . . . → Read More: Electronic Fund Transfers :Lost or Stolen ATM or Debit Cards -Limited Stop-Payment Privileges

Electronic Fund Transfers :Disclosures

admin — Sun, 06 Feb 2011 13:53:06 +0000

Disclosures

To understand your legal rights and responsibilities regarding your EFTs, read the documents you receive from the financial institution that issued your “access device.” That is, a card, code or other means of accessing your account to initiate electronic fund transfers. Although the means varies by institution, it often involves a card and/or a PIN. No . . . → Read More: Electronic Fund Transfers :Disclosures

Electronic Banking :Electronic Fund Transfers

admin — Sun, 06 Feb 2011 13:52:04 +0000

Electronic Banking

For many consumers, electronic banking means 24-hour access to cash through an automated teller machine (ATM) or Direct Deposit of paychecks into checking or savings accounts. But electronic banking now involves many different types of transactions.

Electronic banking, also known as electronic fund transfer (EFT), uses computer and electronic technology as a substitute for checks and . . . → Read More: Electronic Banking :Electronic Fund Transfers

When and How to Cancel a Sale : The Cooling-Off Rule

admin — Sun, 06 Feb 2011 13:50:11 +0000

The Cooling-Off Rule: When and How to Cancel a Sale

If you buy something at a store and later change your mind, you may not be able to return the merchandise. But if you buy an item in your home or at a location that is not the seller’s permanent place of business, you may have the . . . → Read More: When and How to Cancel a Sale : The Cooling-Off Rule

Check 21: Substitute Checks, Electronic Processing, and What It Means to You

admin — Sun, 06 Feb 2011 13:48:04 +0000

Check 21: Substitute Checks, Electronic Processing, and What It Means to You

If you write checks, you should know about a new law called “Check 21.” Under the law, your paper checks can be replaced with paper copies called “substitute checks.” You also may experience electronic — and faster — processing of your checks.

What Check 21 Means to . . . → Read More: Check 21: Substitute Checks, Electronic Processing, and What It Means to You

A Consumer’s Guide to E-Payments :“open end” credit accounts & electronic fund transfers

admin — Sun, 06 Feb 2011 13:39:24 +0000

For credit

In USA the The Fair Credit Billing Act (FCBA) generally applies to “open end” credit accounts — that is, credit cards and revolving charge accounts, like department store accounts. It does not apply to loans or credit sales that are paid according to a fixed schedule until the entire amount is paid back, like an . . . → Read More: A Consumer’s Guide to E-Payments :“open end” credit accounts & electronic fund transfers

A Consumer’s Guide to E-Payments “PAYING” IT SAFE

admin — Sun, 06 Feb 2011 13:35:37 +0000

“PAYING” IT SAFE

The FTC encourages you to take steps to make sure your transactions are secure and your personal information is protected. Although you can’t control fraud or deception on the Internet, you can take action to recognize it, avoid it and report it. Here’s how.

Use a secure browser — software that encrypts or scrambles the purchase . . . → Read More: A Consumer’s Guide to E-Payments “PAYING” IT SAFE

A Consumer’s Guide to E-Payments :HOW WOULD YOU LIKE TO PAY?

admin — Sun, 06 Feb 2011 13:34:12 +0000

A Consumer’s Guide to E-Payments

The Internet has taken its place beside the telephone and television as an important part of people’s lives. Consumers use the Internet to shop, bank and invest online. Most consumers use credit or debit cards to pay for online purchases, but other payment methods, like “e-wallets,” are becoming more common.

The Federal Trade . . . → Read More: A Consumer’s Guide to E-Payments :HOW WOULD YOU LIKE TO PAY?

Virtual Worlds and Kids: Mapping the Risks

admin — Sun, 06 Feb 2011 12:55:21 +0000

Virtual Worlds and Kids: Mapping the Risks

Virtual worlds are computer-simulated online “places” where people use avatars — graphic characters — to represent themselves. Some virtual worlds are intended for children: they have built-in protections to keep their experience age-appropriate. Others are designed for adults. Virtual worlds can be accessed in various ways: some are massive, multi-player . . . → Read More: Virtual Worlds and Kids: Mapping the Risks

Video Games: Reading the Ratings on the Games People Play

admin — Sun, 06 Feb 2011 12:54:25 +0000

Video Games: Reading the Ratings on the Games People Play

Video and computer games are popular among people of all ages. A recent study by the Kaiser Family Foundation found that 83 percent of children aged 8 to 18 live in homes with a video game console, and that 40 percent of them have the console in . . . → Read More: Video Games: Reading the Ratings on the Games People Play

P2P File-Sharing: Evaluate the Risks

admin — Sun, 06 Feb 2011 12:53:24 +0000

P2P File-Sharing: Evaluate the Risks

Every day, millions of computer users share files online. Whether it is music, games, or software, file-sharing can give people access to a wealth of information. To share files through a P2P network, you download special software that connects your computer to other computers running the same software. Millions of users could . . . → Read More: P2P File-Sharing: Evaluate the Risks

Online Gambling and Kids: A Bad Bet

admin — Sun, 06 Feb 2011 12:52:02 +0000

Online Gambling and Kids: A Bad Bet

Do kids gamble? The National Research Council (NRC) suggests that not only do most adolescents gamble, but also that they’ve gambled recently.

The most common types of gambling for kids are reported to be card games and sports betting. But increasingly, parents of teens are concerned that their kids may be . . . → Read More: Online Gambling and Kids: A Bad Bet

Online Dating Scams :When Love Goes Wrong

admin — Sun, 06 Feb 2011 12:51:01 +0000

Online Dating Scams When Love Goes Wrong

Millions of Americans use online dating and social networking sites to meet people. But scammers also use these sites — as well as chat rooms. They create fake profiles to find potential victims and attract attention. Scammers look for targets of any age and in any location, who they can convince . . . → Read More: Online Dating Scams :When Love Goes Wrong

Cost of “Free” Adult Content Adds Up

admin — Sun, 06 Feb 2011 12:49:38 +0000

Cost of “Free” Adult Content Adds Up

You’re surfing the web and come across an adult entertainment site that claims to offer content for “free” and doesn’t require a credit card number for access. All you have to do is download a “viewer” or “dialer” program. What to do? Since you’re at the site to view content, . . . → Read More: Cost of “Free” Adult Content Adds Up

Social Networking Sites: Safety Tips for Tweens and Teens

admin — Sun, 06 Feb 2011 00:20:20 +0000

Social Networking Sites: Safety Tips for Tweens and Teens

You’ve probably learned a long list of important safety and privacy lessons already: Look both ways before crossing the street; buckle up; hide your diary where your nosy brother can’t find it; don’t talk to strangers.

The Federal Trade Commission, the nation’s consumer protection agency, is urging kids to . . . → Read More: Social Networking Sites: Safety Tips for Tweens and Teens

Learn more about staying safe online :Websites of organizations

admin — Sun, 06 Feb 2011 00:19:25 +0000

For More Information

To learn more about staying safe online, visit the websites of the following organizations:

Federal Trade Commission www.onguardonline.gov

The FTC works for the consumer to prevent fraudulent, deceptive, and unfair business practices in the marketplace and to provide information to help consumers spot, stop, and avoid them. To file a complaint or to get free information on . . . → Read More: Learn more about staying safe online :Websites of organizations

Social Networking Sites: A Parent’s Guide :Help Kids Socialize Safely Online

admin — Sun, 06 Feb 2011 00:16:40 +0000

Social Networking Sites: A Parent’s Guide

“It’s 10 p.m. Do you know where your children are?”

Remember that phrase from your own childhood? It’s still a valid question, but now, it comes with a twist: “Do you know where your kids are — and who they’re chatting with online?”

Social networking sites have morphed into a mainstream medium for . . . → Read More: Social Networking Sites: A Parent’s Guide :Help Kids Socialize Safely Online

Media ratings systems: Music , Internet & Resources

admin — Sun, 06 Feb 2011 00:13:19 +0000

Music

Some compact discs have labels that say “Parental Advisory – Explicit Content.”

These labels indicate that the recording may contain strong language or expressions of violence, sex or substance abuse. Individual record companies provide these labels voluntarily. If you have questions, ask about the lyrics.

Internet

A word to parents about restricting access: Internet web browsers often contain tools . . . → Read More: Media ratings systems: Music , Internet & Resources

Media ratings systems :Video Games & Coin Operated Video Games

admin — Sun, 06 Feb 2011 00:12:21 +0000

Video Games

Age-based ratings are on the front of video game packages, in ads, and on web sites.

EC E E10+ T M AO Early Childhood Everyone Everyone 10+ Teen Mature Adults Only Content may be suitable for children age 3 and older. Content may be suitable for those 6 and older; game may contain minimal cartoon, fantasy or mild violence, and/or infrequent use of mild language. Content may be suitable for . . . → Read More: Media ratings systems :Video Games & Coin Operated Video Games

Media ratings systems :Movies

admin — Sun, 06 Feb 2011 00:11:19 +0000

Media ratings systems are a starting point for children and parents — one resource for information to help protect children from violence in movies, games and music.

Movies

Ratings appear in ads for films, movie listings and at theaters.

G PG PG-13 R NC-17 General audience Parental Guidance Suggested Parents Strongly Cautioned Restricted No one 17 and under admitted. All ages admitted. Some material may not be suitable for . . . → Read More: Media ratings systems :Movies

The ratings systems from the entertainment industry

admin — Sun, 06 Feb 2011 00:08:04 +0000

Classification and Rating Administration (CARA) www.filmratings.com

The Classification and Rating Administration is affiliated with the Motion Picture Association of America. On the CARA website you will find information about the Voluntary Movie Rating System, and a database that allows users to type in a movie title to obtain its rating. This database contains movies rated since 1968.

The Entertainment Software Rating . . . → Read More: The ratings systems from the entertainment industry

Electronic Game Ratings & Music Ratings

admin — Sun, 06 Feb 2011 00:05:32 +0000

Electronic Game Ratings

EARLY CHILDHOOD Titles rated EC (Early Childhood) have content that may be suitable for ages 3 and older. Contains no material that parents would find inappropriate. EVERYONE Titles rated E ( Everyone) have content that may be suitable for ages 6 and older. Titles in this category may contain minimal cartoon, fantasy or mild violence, and/or infrequent . . . → Read More: Electronic Game Ratings & Music Ratings

ENTERTAINMENT RATINGS GUIDE :Movies, Video Games, Games on the Internet, Coin Operated Video Games, Music, Resources

admin — Sun, 06 Feb 2011 00:04:04 +0000

ENTERTAINMENT RATINGS GUIDE Movies, Video Games, Games on the Internet, Coin Operated Video Games, Music, Resources Movie Ratings

General Audience. All ages admitted. This signifies that the film rated contains nothing most parents will consider offensive for even their youngest children to see or hear. Nudity, sex scenes, and scenes of drug use are absent; violence is minimal; snippets of . . . → Read More: ENTERTAINMENT RATINGS GUIDE :Movies, Video Games, Games on the Internet, Coin Operated Video Games, Music, Resources

Holiday Shopping On The Internet: Planning Ahead For Secure Surfing

admin — Sat, 05 Feb 2011 23:15:44 +0000

Planning Ahead For Secure Surfing

To make seasonal shopping merrier and safer, check to see if shopping sites feature a security icon.

Online shopping is a great way to get a jump on holiday gifts. But before you shop, read the following list-and check it twice. The Federal Trade Commission (FTC), the nation’s consumer protection agency, encourages shoppers . . . → Read More: Holiday Shopping On The Internet: Planning Ahead For Secure Surfing

Be Safe Online : Protect your personal information—It’s valuable

admin — Sat, 05 Feb 2011 23:11:51 +0000

Being on guard online can help protect your information, your computer—even yourself. Experts say these seven practices can help you be safe while surfing.

1. Protect your personal information. It’s valuable. To minimize your risk of identity theft, don’t share your personal information unless you know how it will be used and protected. Don’t reply to or . . . → Read More: Be Safe Online : Protect your personal information—It’s valuable

Holiday Shopping on the Internet :Discovering Which Web Sites Are Naughty Or Nic

admin — Sat, 05 Feb 2011 23:09:06 +0000

Discovering Which Web Sites Are Naughty Or Nice

When shopping for holiday gifts online, it’s a good idea to know whom you’re dealing with.

Whether you’re looking for a toy, a trinket or a travel deal, doing your holiday shopping on the Internet can be fun, easy and practical. At the same time, viewing a product on the . . . → Read More: Holiday Shopping on the Internet :Discovering Which Web Sites Are Naughty Or Nic

Laptop Security Tips :How to Keep It from Getting Lost or Stolen

admin — Sat, 05 Feb 2011 22:56:11 +0000

Laptop Security Tips

Treat your laptop like cash. Get it out of the car…don’t ever leave your laptop behind. Keep it locked..use a security cable. Keep it off the floor…or at least between your feet. Keep passwords somewhere else…not near the laptop or case. Don’t leave it “for just a sec”…no matter where you are. Pay attention in airports…especially at security. Use bells & . . . → Read More: Laptop Security Tips :How to Keep It from Getting Lost or Stolen

Finding the Disclosures in “Free” Internet Service Offers

admin — Sat, 05 Feb 2011 22:52:15 +0000

Hide and Go Seek: Finding the Disclosures in “Free” Internet Service Offers

You’ve probably seen the ads for “free” Internet service trial periods. Maybe you’ve even received a CD-ROM in the mail that promises hundreds of hours of free Internet service.

If you’re in the market for Internet service, the Federal Trade Commission (FTC) wants . . . → Read More: Finding the Disclosures in “Free” Internet Service Offers

Free’ and ‘Low Cost’ PC Offers.

admin — Sat, 05 Feb 2011 22:51:10 +0000

‘Free’ and ‘Low Cost’ PC Offers. Go Figure.

You’ve probably seen the ads for “low cost” PC’s – “PC’s for $199″ – or even “free” computers. If you’re in the market for a personal computer, the Federal Trade Commission wants you to know that “free” doesn’t always mean free. Very often, certain conditions and . . . → Read More: Free’ and ‘Low Cost’ PC Offers.

Voice over Internet Protocol — VoIP: Caveats ,e911 Services , Limits of Service &Security.

admin — Sat, 05 Feb 2011 22:49:26 +0000

VoIP: It’s A Phone, It’s a Computer, It’s …

Voice over Internet Protocol — VoIP — is one way people are making and receiving telephone calls using a broadband Internet connection rather than a regular phone line. VoIP converts your phone call — actually, the voice signal from your phone — into a digital . . . → Read More: Voice over Internet Protocol — VoIP: Caveats ,e911 Services , Limits of Service &Security.