Newest Credit/Debit Card Scam

here is a scam involving a call from the "Security and Fraud Department at Visa". The caller gives a name and a badge number 12460. He/She informs the person that his/her Visa card (credit/debit) that was issued by a certain bank/credit union has been flagged having an unusual purchase pattern. The questions asked by the caller would be concerning a fraudulent purchase from a marketing company for a certain amount ($297 to $497) usually under $5000. The caller further informs you that the credit will be sent to you (gives your address), and ask you to confirm your address, the caller then tells the person that he/she will be starting an investigation for fraud on your card. They then tell you to call the 800 number listed on your card. He/she says to call the 1-800-Visa and ask for Security. The caller insists that you will need to refer to this control number (gives you a 6 digit number). Caller asks if you need it read again. Then the caller tells you to turn your card over and gives the information concerning the 7 numbers on the back of the card. He/she proceeds to explain that the first 4 are your account number and the next 3 verify you are in possession of that card when you make your purchases. Caller further asks for the three numbers to be read to him/her. Very informative and helpful. (HAI) Caller again tells the victim of his/her right to call the number on the back of the card if you have further questions. One victim called the Visa number 20 minutes after the call from the scam artist and found that a charge of $497.99 had been placed on his card within 5 minutes after the scam. This is happening with the Visa and Mastercard. Be sure you know whom you are talking to about your cards. The real Visa Security Department informed the person above that this was a scam and that they would immediately close his card and reissue.

What Is A Credit Score?

credit score is a number lenders use to help them decide; "If I give this person a loan or credit card, how likely is it that I will get paid back on time?" A score is a snapshot of your credit risk at a particular point in time.

The most widely used credit scores are FICO scores. Lenders use FICO scores to make billions of credit decisions every year. Fair Issac develops FICO scores based solely on information in consumer credit reports maintained at the credit reporting agancies.

Most information on credit scoring can be found online at www.myfico.com.

NO FEE ATM TRANSACTIONS

If you use your ATM or DEBIT CARD at another credit union, Publix SUpermarket, or any machine that displays CU24 or CUHERE you will not be charged a transaction fee. Also, when you use your Debit card for a point of sale purchase, you can get cash back with no transaction fee. In Wayne County, you can use the ATM at the Credit Union, at the Hospital emergency waiting room, Rayonier (if you have access to the mill) and now at Interstate Credit Union. Be smart, Kendra Lamb, get your cash at "no-fee" locations.

We would like to "THANK" those members who are using Visa Debit Cards. We are proud to offer this service to you.