Scams

Avoid Fraud in 2020 By Writing the Complete Date

Protect your documents from scammers who could change the date on your important documents.

Scammers could make your 2020 miserable if you abbreviate the year as ‘20 when dating legal documents, authorities are warning.

That ‘20 could be turned into “2018” or “2019” on a check or other legal document, setting you up for fraud, according to the Takoma Park Police Department in Takoma Park, Maryland.

For instance, the scammers could date that captured check to “2021” and attempt to cash it again next year. Another scenario: Say you signed documents agreeing to start paying debt on 1/3/20. That could be turned into 1/3/2019, and the scammers could attempt to collect past debt.

The simple solution: Fully write out the year -- 2020 -- on any legal documents, authorities say.

Most Popular

Your Guide to Roth Conversions
Special Report
Tax Breaks

Your Guide to Roth Conversions

A Kiplinger Special Report
February 25, 2021
7 Best Commodity Stocks to Play the Coming Boom
commodities

7 Best Commodity Stocks to Play the Coming Boom

These seven commodity stocks are poised to take advantage of a unique confluence of events. Just mind the volatility.
September 8, 2021
Stock Market Holidays in 2021
Markets

Stock Market Holidays in 2021

Is the stock market open today? Take a look at which days the NYSE, Nasdaq and bond markets take off in 2021.
September 2, 2021

Recommended

17 Free or Cheap Things to Do With Your Kids During the COVID-19 Pandemic
Raising Money-Smart Kids

17 Free or Cheap Things to Do With Your Kids During the COVID-19 Pandemic

We’ve got lots of kid-friendly activities to do at home that will keep your family safe and your finances sound.
September 8, 2021
After Hurricanes, Beware of Flooded Cars for Sale
Buying & Leasing a Car

After Hurricanes, Beware of Flooded Cars for Sale

Hurricane Ida may have passed, but there's a chance the used car you have your eye on could have been damaged by it. Here’s what to watch out for.
September 3, 2021
Complain and Be Heard
Smart Buying

Complain and Be Heard

Getting our money back for the extended warranty and gap insurance we didn't want took patience and persistence.
August 31, 2021
10 Things to Know About Hurricane Insurance Claims
Becoming a Homeowner

10 Things to Know About Hurricane Insurance Claims

Know what's covered, what isn't, and how to make the most of your policy if you need to file a claim.
August 30, 2021