You’re the owner of a small business and need advice. Or you’re a senior citizen concerned about fraud. Or you’ve lost your checking account and you’re wondering what to do.
The latest issue of the Federal Deposit Insurance Corp.’s “Consumer News” is free and it can provide answers to your questions.
The winter edition can be read or printed at www.fdic.gov/consumers/consumer/news/cnwin1112.
The publication offers financial tips for small businesses:
• Finding loans to start and grow a small business;
• Paying for everyday expenses, noting that some consumer protections with credit cards and debit cards do not apply to businesses;
• Payment methods to accept other than cash;
• Avoiding common frauds that target small businesses;
• Useful resources for small businesses from the U.S. Small Business Administration, the FDIC, other federal agencies and elsewhere.
For the elderly – who are common targets of those who would part them from their money – there are tips on choosing an adviser, protecting personal financial information and avoiding scams.
For consumers who have been denied a checking account, there are tips on how to re-establish or maintain an account, emphasizing the importance of using a checking account responsibly.
The issue also provides guidance on matters concerning direct deposit of government benefit checks. If you are receiving Social Security payments, you will no longer be receiving a paper check as the funds soon will be deposited automatically into an account.
Along with accessing the latest issue, you can find past issues of FDIC Consumer News at www.fdic.gov/consumernews or request paper copies by contacting the FDIC’s Public Information Center toll-free at 877-275-3342, by e-mail firstname.lastname@example.org, or by writing to the FDIC Public Information Center, 3501 North Fairfax Dr., Room E-1002, Arlington, VA 22226.