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12/20/2018

Top 10 New Year’s Resolutions for Consumers for 2019

Harrisburg, PA - Pennsylvania Secretary of Banking and Securities Robin L. Wiessmann is offering 10 resolutions to help consumers protect and grow their money in 2019.

“Working towards achieving lifelong financial independence is a great New Year’s resolution for all Pennsylvanians,” said Secretary Wiessmann. “My colleagues and I offer you these 10 tips to help you make – and keep -- your financial resolutions for 2019.”

Secretary Wiessmann encourages consumers to consider the following 10 New Year’s resolutions for 2019:

  1. Protect yourself from imposters. Last year’s top fraud, as reported by the Federal Trade Commission. Make sure to investigate before you invest, send, or lend your money to ensure you know who is on the other end of that phone call or email. Learn more how to protect yourself and your loved ones here.
     
  2. Protect yourself online. The Commonwealth has updated its cybersecurity guide for consumers, produced by a collaboration of 10 state agencies and offices. The guide will help you stop the loss, get it on record, file reports, and monitor your credit.
     
  3. Freeze your credit. Protect yourself from certain types of ID theft by freezing your credit for free. Under a new federal law, consumers are entitled to free credit freezes from the three main credit monitoring agencies, TransUnion, Experian, and Equifax. Learn more here.
     
  4. Grow and protect your money. The Department of Banking and Securities maintains an online library of resources on a wide variety of financial topics, ranging from investing to banking to retirement planning. Visit the library here.
     
  5. Learn the signs of elder financial abuse. Protect your loved ones by learning the “red flags” of elder financial abuse and where to go to report this crime from the Elder Financial Abuse Prevention Guide.
     
  6. Contact us with your complaints and questions! Each year, our Consumer Services Office responds to thousands of people who need our help. Call 1.800.PA.BANKS or contact us online, and you will speak with a real, live person.
     
  7. Take the Annual Financial Checkup. Following seven simple steps and checking in annually can help you maintain your financial health. Learn more here.
     
  8. Read PA Money Talks. We publish a blog that helps Pennsylvanians make educated decisions with their money and learn more about consumer protection issues on the state and national levels. Read more here.
     
  9. Follow us on social media @PAFinancialReg on Twitter; PA Banking and Securities Facebook; and PA Investor Education on Facebook.
     
  10. Schedule a consumer financial protection workshop for your group. We work with state and local government agencies, service providers, community and trade organizations, schools, and other partners to help Pennsylvanians across the commonwealth become well-informed about the financial marketplace. Schedule a program by contacting us at informed@pa.gov.

“Every year, I urge Pennsylvanians to use three simple tools to help them stick to their New Year’s resolutions,” said Wiessmann. “First, learn how to protect your money; second, connect with the people and organizations building a network of protection across our commonwealth; and, third, call 1-800-PA-BANKS with questions or complaints about financial transactions, companies, or products.”

The Department of Banking and Securities regulates financial services and works to ensure consumers and businesses are well-informed about the marketplace. Members of the public are also invited to connect to the department through Facebook and Twitter, subscribing to the department’s newsletter, or visiting www.dobs.pa.gov.

MEDIA CONTACT: Virginia Lucy - 717.214.4759

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