No matter what the person on the phone says, we’re sorry to tell you that you have probably not won a grant from the National Institutes of Health. Neither has anyone else who isn’t performing actual health research. [More]
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Walmart Adds Sweepstakes To Savings Program For Unbanked Customers
By 12.16.16
In other countries, prize-linked savings accounts are a popular vehicle used to encourage low-income people to build nest eggs. The premise is simple: saving money enters customers into a lottery, with relatively modest prizes. Since the accounts became legal in the U.S. in 2014, some banks have launched their own versions, and now Walmart and its prepaid debit cards are joining the party. [More]
Your Electric Company Will Not Call And Demand Payment By Prepaid Card
By 10.24.14
While your local utility could call you up and demand immediate instant payment using a prepaid debit card before shutting off your natural gas and power, they will never actually do that. The owner of the Squeeze Inn, a fantastically-named restaurant in California, learned that the hard way when he panicked and sent $1,000 to scammers claiming to represent Pacific Gas & Electric. [More]
