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
  2049 Hits

Search Blogs Module

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