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
  953 Hits
953 Hits

Search Blogs Module

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