Asset Planning, Inc Blog

The latest from the team.

Privacy Notices

 

We’ve all gotten them, those privacy notices from your financial institutions that you get in the mail or receive electronically. Usually they are mailed out once a year or you receive one when you open a new account. Let’s be honest, most of us do not take the time to actually read them and they end up being filed away and forgotten about. Well we recently came across an article on My Money Blog that pointed out exactly what those companies are sharing about you and why it’s important for you to take the time to opt-out if you do not want your personal information shared with other companies.

Here is an example of a privacy notice:

Privacy Notice

The information that they share includes:

  • Social Security number
  • How much you make (Income)
  • How much money you have (Balances)
  • What you buy (Transaction history)
  • How much you borrow (Credit and payment history)

The amount of sharing varies widely:

  • For our affiliates to market to you = We can share with companies who are under the same ownership or control.
  • For non-affiliates to market to you = We can sell your information to anyone! They don’t even have to be financially-related companies.

Most of us are busy with our everyday lives and won’t take the time to opt-out and this is what the financial institutions are counting on. If you are tired of receiving unsolicited offers for credit cards or other services and are worried about your personal information being shared it only takes a small effort to contact your financial institution and opt-out. Most of these privacy notices can be found online when you log in to your account or you can call the company directly. Just imagine the amount of trees you will be saving when you stop getting 5 unwanted credit card offers in the mail a day. Not to mention the peace of mind you will have knowing that your information is not being sold.

Continue reading
  1710 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
interest rates CA FTB Charles Schwab memorial Day weekend Mobile Banking Security Tips Treasury Department trust credit score credit monitoring service breach credit card fraud Coronavirus Aid Kiplinger Letter spread client portal VOIP landline phones Expired medications 20 year anniversary email notifications credit card company Medicare plan Notary Public pet donation drive October 1 2020. coronavirus policy credit freeze summer gap insurance flash drive opt-out Retirement Contribution Limits CARES Act web address identity theft tax deadline Brexit vote cell phone service provider Facebook profile family members April 18 2017. tax records pet supplies cell phone provider bottom line 70 1/2. portal payments items cell phones 2017 Equifax breach earthquake app ice cream event integral member business hours emergency kits Medicare Part B clients show support National Ice Cream month insurance policies Open House birth certificates Shred paperwork stock pile cell phone carriers retirement planning ID card jury duty September 8 health care services markets IRA accounts estate planning direction Part D premiums . home break-ins Auto insurance settlement options emergency folder clients chip-enabled EMV cards student loans account numbers ice cream credit cards official certification increase vacation drive /usb consumer spending July 4 toilet paper Ice Cream Social IRS Medicare Advantage blog post donation items paper records vision screening hurricane Dorian checklists years clone counterfeits emergency kit fees news coverage self-help topics fun atmosphere media accounts driver license president Trump prescription eyeglasses relief efforts Fox News story illiegal robocallers 23 andme Social Security Social Security Administration borrowing money 900 number partner /owner Legal robocalls offering insurance June 29 parking spots Flexible Spending Account April 15 stimulus package home mortgages home emergency kit retirement https ://seekingalpha Victor Dergunov CERTIFIED FINANCIAL PLANNER exam Open Enrollment “ skimmer ”. 2017 TD Ameritrade National LINC Conference retirement accounts health care costs FSA earnings fallout notary services Affordable Care Act Wells Fargo employees privacy settings executive order tax season team members Healthcare FEMA website 401K Medicare Part B premiums investment statements Supplemental Security Income padlock cell phone carriers offer Labor Day Wells Fargo customers DNA test kits phishing sites Medicare home emergency preparedness kits home security TD Ameritrade https :// estate planning wells Fargo car loans debt July 6 Erin Nelsen pets home tax deadlines EEChecklist-Kits.pdf stockpilingchecklist.pdf rescue organizations Asset Planning Amazon paperwork clutter Joey Gonzales tax filing deadlines holidays approach market turmoil cell phone SIM swap scam retirement plans company pet industry card reader documents phone fun facts April 11 CFP ® Puerto Rico disaster areas contribution limit February 14 asset Planning pet COVID -19 virus Part B Orange County Superior Court California Lions Friends app Economic Security check lists Kraig Mathias donation counts estate water … money interest Medicare question trustee Roth IRA phone companies operations manager Financial Planning Magazine July 3 rd 2018 IRA contributions IRS deadline Two-Step Verification banking people medications insurance policy house sitter assets Independence Day Federal Trade Commission website spam phone Orange County text messages January 10 D premiums scams tax returns July weekend life saver September 30 2020. identity thieves September 9 spring cleaning information Facebook records non-prescripstion sunglasses 4 pm -8pm privacy notices 2017 IRA contributions information phishing scams