Credit Privacy Number Scam

A Credit Privacy Number, or CPN, is a 9-digit identifying number that acts like a social security number. In 1974, when the U.S. Privacy Act was passed, consumers were allowed to withhold revealing their SSN when they were not legally required to give it and instead, would give their CPN.

These days, credit repair agencies are selling CPNs as a way for consumers to have a “clean slate” on their credit. However, in most cases, many of the CPNs out there are the stolen Social Security Numbers of children or deceased individuals. Scammers use these because it could potentially be many years before the scam is ever uncovered. Because of this, the government no longer recognizes or legitimizes CPNs.

Since these CPNs are usually stolen social security numbers, using one to get a loan, credit card, or other financial product is considered identity theft. Using one on any loan application is considered a federal crime.

Some red flags associated with CPN’s would be if you are asked to do things like change your phone number, get a driver’s license with a different address, or start using a new email address. This is done so information on the new CPN will not match any of the other identifying information listed on your real SSN. The Federal Trade Commission (FTC) has warned against companies offering new credit identities, calling it a scam.

Fraudsters are also buying CPNs and creating synthetic identities to obtain credit. Consumers are frequently arrested for their involvement in synthetic identity schemes and even ordered to pay creditors back the money that they defrauded. As a reminder, falsely reporting your Social Security Number on a credit application is fraudulent and could send you to jail.

Best Teaching Apps for the Classroom

Smartphones and tablets are no longer considered taboo in the classroom. In fact, teaching apps can be effective tools for streamlining monotonous classroom tasks and helping to immerse youngsters in the learning environment.

Teaching apps also help bridge the gap between classroom and home – and between parents and teachers – and are a great way to extend the classroom and make learning fun. The apps can help with everything from expanding the classroom to organization and lesson enhancement if you know which ones to use.

 

Communication Teaching Apps

Many teaching apps make it easier for teachers to send out assignments, give feedback and even grades. They also allow parents to track their child’s progress more actively throughout the school year. Some of the best communication teaching apps are:

ClassDojo – Teachers can easily message and communicate with parents. Photos and videos can be shared individually and even used to show parents their child’s classroom. It captures and generates behavior data to improve classroom behavior, and the app contains teaching tools such as Group Maker and Pair Share, syncing all of it across all devices.

Teacher’s Assistant Pro – Student actions, behaviors and achievements can be tracked and recorded, and teachers can add dates, times, notes and even photos. When conference time rolls around, they can have all the information they need in a single app.

Slack – A fantastic messaging app used by professors and teachers to host text-based office hours and send out reminders. College students love it because they can stay in touch with professors and others in the class when they’re not in the classroom. The app connects with many existing tools and allows you to read documents anywhere.

 

Technology Enhanced Learning Teaching Apps

Technology-enhanced learning is transforming education as we know it. Many apps allow children to learn through game play and even do additional work when necessary. Most of the apps enhance the teaching and learning experience inside and outside the classroom. Such apps help teachers reach students and convey information in an understandable way.

Blackboard – A free app that is ideal for online courses. It helps everyone in the classroom stay informed and allows teachers to update content, take assignments and tests from students, video chat for tutoring sessions, and even manage homework.

Educreations – This is an interactive whiteboard app with a screen-casting tool that helps teachers create easy-to-follow tutorials and lessons. They can create animations and diagrams with supporting audio of any kind to help students with assignments. Teachers can also share videos with the help of Facebook, Twitter and email.

Kahoot! – Another free for-fun learning app that helps teachers and students. Teachers can use exciting learning games and set up live games with students. The app allows them to challenge each other to competitive learning games and makes homework loads more fun.

 

Streamlined Organization Teaching Apps

Classrooms are busy from early in the morning until the afternoon, and it can be hard to stay organized. Throw in 30 kids and it’s nearly impossible. Teaching is easier and far more fun when teachers and students stay organized. Here are some great apps to help them do it:

Google Classroom – A light version of the G-suite used by teachers to store class materials in Google Drive. Teachers can also use it for making announcements and holding debates. The best part is that students can have easy access to materials that have urgent requirements.

Additio – Lets teachers ditch much of the paper by acting as a digital classroom and gradebook. They can take attendance, plan time tables and calculate grades using a smartphone or tablet. For a nominal fee, they can also get additional features such as the ability to take notes and performance analytics.

Seesaw – Allows teachers to record student strengths and weaknesses throughout the year for discussion at annual parent-teacher conferences. It’s often referred to as a student portfolio app because parents can see their child’s achievements and progress. Students love storing their best work on the app.

Teaching children financial literacy at all grade levels

Financial literacy is important, and it should be integrated into modern education for all children. Students of today shoulder a lot of burden. Sending them out into the world without a financial education is an injustice that results in a lifetime of hardship. While it can be difficult to teach children and young adults about money, there are some creative lessons available that can make the job easier and help ensure that they are prepared for their future.

The key is to start with an age-appropriate lesson. Later financial lessons will build on your foundation. Financial literacy for school children can be divided up into three main categories by grade level. General money knowledge begins in elementary school. Middle school students build on their financial literacy foundation by beginning to learn how to manage money. High school students can prepare for financial independence with valuable lessons about responsible financial management skills.

 

Elementary School: The Basics

It’s never too early to foster financial literacy in children. Elementary school is a great place to teach children the basics of exchanging money for goods and services. Teaching elementary age school children about money can be fun. Many educators incorporate games into lesson plans about money. This leads to open discussions and demonstrations about saving, spending and sharing money.

Earning & Spending Money – These activities for the very young include simple but important lessons like recognizing different coins and understanding what they’re worth.

Money I Have Who Has Game – Download this free game for your students to learn how to recognize and count money $1 and under.

Money Booklets – Download these free printout booklets to introduce and review coins with your students.

Bank It! – Use this game to teach your students how to add and how probability works.

Peter Pig’s Money Counter – In this interactive game, kids practice identifying, counting and saving money while learning fun facts about U.S. currency.

 

Middle School: Money Management

As children move into middle school, they are more familiar with the concept of money management. It is time to begin molding and shaping their perception of money and responsible financial management. As youngsters become more independent in middle school, they are ready to learn how to apply some of the concepts they have learned about money. This is a good time for them to learn about banking and balancing a checkbook.

Writing Checks – Use these check print outs to teach your students how to write a check.

Financial Football – Give your brain a Financial Football workout — play the NFL-themed video game developed by Visa.

Financial Soccer – Put your financial skills to the test with Visa’s World Cup-themed Financial Soccer, a multiple choice question video game. Are you ready to play?

Money Metropolis – Navigate Money Metropolis’ multi-dimensional world while making life decisions that will affect whether virtual bank accounts shrink or grow.

 

High School: Real-World Lessons

High school students are preparing to embark on real-world journeys, financial and otherwise. They are starting to make choices that will affect their future, and it is critical to instill responsible money management skills. With more advanced lessons on budgeting and bill paying, high school students have a better chance of becoming financially independent.

Balancing a Checkbook – Many high school students will soon start working their first jobs, so it is important for them to learn the difference between gross and net pay. They are learning to drive and preparing for college as they move closer to independence. It is a good time for them to practice budgeting successfully with take-home pay through classroom activities that can be reinforced at home.

Making a Budget – Information provided on topics such as: What is a budget? Why do I want a budget? How do I start a budget? How do I make a budget? How do I use a budget?

How to Read a Credit Report – Teach your students what a credit score is and how they can make sure that theirs is a good one.

Building the Perfect Teacher Resume

A resume is a snapshot of your strongest characteristics. It should be clear, concise and highlight the most relevant experience that qualifies you for the job. For a soon-to-be teacher or one changing jobs, the interview begins with the resume.

It isn’t rocket science, but writing a teacher resume is different from writing any other. Every aspect of the resume should point to your goal and reinforce the impression you want to make.

Your resume reflects what you can bring to an organization. Here are tips for building the perfect teacher resume.

 

Strong opening

For best results, open strongly. In addition to accurate contact information, use a professional contact email. That means avoiding personal or inappropriate monikers. A simple first and last name will suffice. If necessary, create an email address specifically for job inquiries and responses.

Also, list your GPA if it’s above 3.0. Employers like to see that you have achieved academic as well as employment success. When listing credentials and accomplishments, lead with the strongest.

Consider using a template for professional formatting and overall look and feel. A good template will provide ample space for your experience, education and skills, plus a brief headliner or introduction. Go with one that conveys your enthusiasm and professionalism.

 

Stand out

When creating a resume, many teachers fail to consider that the competition for teacher positions can be quite fierce in some areas. That’s why it’s important that you create one that stands out favorably from all other applicants.

A strong headliner is the easiest way to get the attention of employment decision-makers. Some examples:

• Mayweather School District Teacher of the Year

• Innovative, Research-based Secondary School Educator

• Seasoned School Administrator with 25 Years Experience

Another excellent way to set you apart is to pay close attention to the wording of your bullet points. Be sure to start each bullet with action verbs and highlight your achievements rather than simply giving a historical account of your work.

For example, rather than merely recounting that you “created lesson plans,” you might point out what your particular innovations with lesson planning achieved. If your lesson plan design ensured that children with low scores had significant improvement by the end of the year, you might state, “created lesson plans that improved reading test scores by 40%.”

 

Properly place your education

When it comes to listing education on your resume, a good rule of thumb is to position that section after highlighting your experience.

In it, list just the facts, including the name of your school or institution, the date you started and completed your education and the particular degree or certificate received. Also, be sure to list relevant extracurricular activities. Those may include entries and prizes in writing or research contests, or success in academic clubs or volunteer organizations.

 

Take special care with experience

The experience section of the resume may be the most important one. Evaluators will use it to get an accurate snapshot of your skills, abilities and achievements. They’ll especially be on the lookout for ways you are particularly qualified for the job at hand.

It’s always best to organize your experience section in reverse chronological order. Starting with your most recent experience first, list and convey your abilities and completed tasks for each position. Use bullet points to summarize, starting each with an action verb.

Go beyond merely listing tasks you completed at each position, by noting the particular things you accomplished. Show decision-makers that you are more than just a doer, you’re an achiever with significant and unique accomplishments.

 

Relevant training and skills

Although it may be tempting to submit a teacher resume without listing relevant training and skills, it’s not always the best choice. That is particularly the case when specific certification or training is required.

List continuing education, certifications, advanced certification and even community service to show what you’ve achieved beyond basic education requirements. That’s also a great place to list unique and applicable skills that put your best foot forward.

 

Polish your resume to perfection

Beyond the basic sections of education, experience and relevant training, a few ways to ensure your teacher resume is polished to perfection are:

• Refrain from using abbreviations.

• Definitely triple check for spelling and grammatical errors.

• Avoid the word “I.”

• Check for bullet points that are verbose.

• Remember, keep it short and to the point.

Last, but not least, make sure there are no gaps in experience. If that is unavoidable, be prepared to give a reasonable explanation during the interview or in your cover letter.

Teacher Appreciation Discounts & Freebies

Teachers work hard all year long, and they should feel appreciated all year long, too! Below is a list of all the freebies and discounts different businesses offer teachers during Teacher Appreciation Week and all year long. Know of another freebie that should be added to the list? Let us know by sending an email to csmith@gcefcu.org.

 

Year Long Discounts & Freebies

Rothy’s – Teachers get 20% off select Rothy’s styles that are perfect for the classroom.

The Container Store – Sign up for their “Organized Teacher” program to receive special discounts throughout the year to help organize your classroom.

Michaels – 15% off your entire purchase by showing school ID.

Jo-Ann Fabric & Craft Store – 15% off your entire purchase.

Barnes & Noble – 20% off your purchase.

Apple – Up to $200 off a new Mac, and up to $30 off a new iPad.

Ann Taylor LOFT – Teachers get 15% off all full-priced items.

Banana Republic – Teachers get 15% off all full-priced items purchased in store.

Champion – Current and retired teachers get 10% off.

Costco – Teachers save $60 when they purchase a Costco membership.

Hewlett Packard – Teachers get 20% off HP Academy.

J. Crew – 15% off your entire purchase.

TOMS – 10% off your entire purchase.

Half Price Books – 10% off your entire purchase.

Lakeshore Learning – 15% off when you join their Teacher’s Club.

GMC Vehicles – The GM Educator Discount gives current employees of a public school, private school, college, or university special pricing below MSRP on the purchase or lease of eligible new Chevrolet, Buick, or GMC vehicles.

Microsoft 365 – Educators can get Microsoft Office 365 for free by using a valid school email address to fill out an online form. Teachers can also get 10% off Windows devices when shopping online.

Dress Barn – 15% off your entire purchase with school ID.

Colgate – Get a free Bright Smiles, Bright Futures kit, which includes toothpaste samples, toothbrushes, and teaching materials.

Hot Wheels – Teachers have the opportunity to request a ton of free toys for their classrooms with Mattel’s Hot Wheels Speedometry program.

SeaWorld – Teachers can get free admission for a day at Sea World Orlando, SeaWorld San Diego, and SeaWorld San Antonio. In addition, SeaWorld and Busch Gardens have been developing resources for educators for over 20 years. You can download entire teacher curriculum guides and individual activities, show the ShamuTV: Saving a Species series in your classroom, or learn more about how to prepare for careers in the zoological field on this site.

Teacher Appreciation Week

We are showing our appreciation to teachers all week long! Stop by any of our branches between 3:30 – 5:00 pm to receive a special treat. We will also have a Teacher Survival Basket at each branch, that you can enter to win every day during Teacher Appreciation Week!

Monday, May 6

MondayPasadena – Tea & Lemonade from Chick-Fil-A
League City – Tea & Lemonade from Chick-Fil-A
Pearland East – Tea & Lemonade from Chick-Fil-A
Pearland West – Tea & Lemonade from Chick-Fil-A
Summerwood – Tea & Lemonade from Chick-Fil-A
Baytown – Tea & Lemonade from Chick-Fil-A

   

Tuesday, May 7

TuesdayPasadena – Pizza and Chair Massages
League City – Bundtinis from Nothing Bundt Cakes
Pearland East – Bundtinis from Nothing Bundt Cakes
Pearland West – Bundtinis from Nothing Bundt Cakes
Summerwood – Bundtinis from Nothing Bundt Cakes
Baytown – Bundtinis from Nothing Bundt Cakes

   

Wednesday, May 8

WednesdayPasadena – Cookies
League City – Cookies
Pearland East – Cookies
Pearland West – Cookies
Summerwood – Cookies
Baytown – Cookies

   

Thursday, May 9

ThursdayPasadena – Gourmet Popcorn
League City – Gourmet Popcorn
Pearland East – Gourmet Popcorn
Pearland West – Gourmet Popcorn
Summerwood – Gourmet Popcorn
Baytown – Gourmet Popcorn

   

Friday, May 10

FridayPasadena – Rita’s Italian Ice
League City – Candy
Pearland East – Candy
Pearland West – Candy
Summerwood – Candy
Baytown – Candy

Teaching Your Teen How to Budget

Putting the words teen and budget in the same sentence is enough to incite fear in many parents. Teaching teens about money is often difficult, but it doesn’t have to be. The trick is to start with the basics and take it one step at a time. Teens must first understand the difference between pre- and post-tax money before they can fully grasp the concept of a budget. They also should comprehend fully the importance of saving. Remember, perception is everything to young people. Start out by explaining that a budget is not a restriction, it is a plan for spending so they have the freedom to use their money within reason and without worry.

Income

When teaching your teens to budget, listing their income is a good place to start. Talk with them about the different sources of income, including money from work and allowances. Teach them how W-2 income differs from 1099 income. You want your teens to understand that most of their income will be taxed and they will have to file taxes every year. They should also have at least a general understanding of what that means and how it will affect them. If a relative gave them stocks or bonds over the years, you should discuss the basics of the stock market, and interest and dividends. Here are the most popular sources of income for teens.
• Wages from a job (W-2 income)
• Allowance
• Tips
• Gifts
• Freelance work (1099 income)
• Interest and dividends (if applicable)
They also should know the difference between fixed and fluctuating income.

Expenses

Next, talk about expenses, to help them prepare for that month and track their money. For instance, they may have an “automobile” category that includes the monthly payment, insurance, gas and maintenance. Help them set up categories that are relevant to them. It is also helpful to establish the difference between a need and a want. A new smartphone is a want, buying groceries is a need, for example. Some common teen expense categories are:
• Automobile: payment, insurance, gas, maintenance
• Savings
• School supplies
• Groceries: eating out, snacks
• Phone
• Entertainment: sports, music, friends
• Personal: clothes, toiletries, vitamins

Credit Versus Debit

Learning about credit versus debit will also teach them a great deal. Explain that expenses are debited from the account. When cash is paid out, the account is credited. In the accounting world, when one account is credited, another must be debited to maintain the balance. So, help your teens creates a budget, for the month or for a few months. Write down the total income minus each expense and see what is left at the end of the month. Creating a budget for a few months at a time allows them to see how their income and expenses may differ from month to month.

GCEFCU’s Student Checking Account

Now that your teens have a basic understanding of how a budget works, they may be ready for a Student Checking account. It is a simple checking account for students 13 to 17 years old, with a guardian as a joint owner. They will have their own debit card and online banking login so that they can review and track their purchases. The Student Checking account is designed to help them gain financial independence as they work their budget. Help your teen set savings goals along the way and explain that working with a budget constitutes a spending plan. Above all, be patient and explain that it may take a couple of tries to get it right.

Blood Drive

The MD Anderson Cancer Center will be out at our Pasadena office on June 28 from 9:00 am – 12:00 pm taking blood and platelet donations. An appreciation item, snacks, and refreshments will be provided to all donors! To schedule an appointment, please read the general requirements below, and then click the “Schedule An Appointment” button.

General Requirements:

  • Be sure to eat a hearty meal and drink plenty of fluids before your donation.
  • Bring your driver’s license or photo ID.
  • You must be in good health, at least 17 years old, weigh at least 110 lbs, and not be pregnant.
  • In order to donate platelets, you cannot have Ibuprofen (Motrin, Advil, Nuprin, Aleve, Excedrin) and/or Asprin products within 48 hours of a donation.
  • After your donation, you can sit to have a snack and drink, and relax for 15 minutes. As long as you are feeling well (not lightheaded or dizzy), you can go out and enjoy the rest of your day. Just remember to drink additional water!

 

 

 

pasadenaFriday, June 28, 2019
9:00 am – 12:00 pm
Pasadena Branch
5953 Fairmont Pkwy
Pasadena, TX 77505

 

 

How to Read Your Credit Report

Your credit report is a snapshot of your financial health. It gives lenders a general idea of how you handle debt and cash flow. Just about everything related to your financial life is a part of your credit report. Lenders use this information to determine whether they will extend credit to you and how much that credit will cost.

Understanding how to read your credit report is paramount to improving or maintaining it. There are four main components to your credit report. Some of that data is then used to determine your credit score.

 

Parts of a credit report

While each credit reporting agency uses their own reporting format, the general categories on your credit report remain the same. The four main parts of your credit report include your:

• Identifying information
• Trade lines
• Public records and collections
• Credit inquiries

Your identifying information does not impact your credit score, although it is important to ensure the information is accurate. This includes your name, address, social security number and general employment history.

Trade lines on your credit report refer to credit accounts such as car loans, credit cards and mortgages. These accounts directly impact your credit score, as do public records and collections. Public records include bankruptcies, liens and foreclosures. Collections records could include delinquent debts.

Credit inquiries make up the last part of your credit record. They occur when a lender reviews your credit history because you have applied for some type of credit or loan. While these hard inquiries remain on your credit report for 24 months, they only impact your credit score for the first 12 months.

 

Credit Score

FICO® credit scores are calculated using the data on your credit report. While the exact calculation is a closely guarded secret, the five categories used and how much they contribute to your score are not. Here is a breakdown of the general information and how much each category contributes to your FICO® score.

Payment history 35%
Debt ratio 30%
Length of time 15%
Types of credit 10%
New accounts 10%

Your payment history is one of the most important contributing elements to your FICO® score. It shows lenders how responsibly you handle cash flow. Lenders use your payment history to determine how much risk they will assume by extending credit to you and how much that credit will cost.

Your debt ratio is the second biggest contributing factor to your credit score. It is calculated by dividing the amount of debt you have by the total amount of credit available to you. For instance, if your available credit is $10,000 and you are carrying a $4,000 balance, then your debt ratio is 40 percent. Lenders prefer to work with clients who have a debt ratio below 30 percent.

The next 15 percent of your FICO® score comes from the length of time your credit accounts have been open. Older credit accounts in good standing have a more positive impact on your credit score.

The types of credit accounts on your report contribute to 10 percent of your FICO® score. Lenders will look to see if you have revolving accounts, installment loans, retail accounts and mortgages. It isn’t necessary to have each of these accounts on your credit report, but maintaining a mixture of different types of accounts in good standing positively impacts your FICO® score.

New accounts contribute the final 10 percent of your FICO® score. Opening too many credit accounts too quickly represents risk to the lender. New accounts may lower your score, especially if you don’t have an established credit history.

 

Report Maintenance

It is essential to review and monitor your credit report regularly. The Federal Trade Commission estimates that one in five people have mistakes on their credit report. This means that over 40 million Americans have inaccurate information on their credit reports, which could be having a negative impact on their score. You must take a proactive approach to ensure the information contained in your credit report is accurate.

If you find errors on your report, you must contact the credit bureau as well as the creditor who supplied the information. They may ask you for documentation before making the correction, but they are bound to correct it under the Fair Credit Reporting Act.

You may also debate the accuracy of an account on your credit report by filing a dispute with the credit bureau. If you find accounts that are unfamiliar, don’t belong to you or are inaccurately reported on your credit record, filing a dispute with the credit bureau will prompt an investigation. You will be required to provide supporting documentation to the credit bureau, who must investigate within 30 days.

 

How to get a free credit report

Since your credit report is such a big part of your financial health, Gulf Coast Educators is proud to provide members with a free credit report which includes your credit score. A loan officer can discuss your credit report with you and help you find ways to improve and maintain your credit score.

Social Security Fraud

A new scam is on the rise. Recently, several of our members have received phone calls from someone claiming to be from the Social Security Office. They claim that someone rented a vehicle in the member’s name, and then returned the vehicle with illegal items still in it.

The caller goes on to tell the member that in order to clear their name from this case, the member must “freeze” their account by taking all their money out. Then the member must purchase several gift cards and send the caller the serial numbers for the cards (this is how the member pays the caller for removing their name). Once this is done, the caller tells the member that they will be receiving a new social security number.

This is a scam! No legitimate government office will request money from you in the form of gift cards. To understand more about phone scams, see our tips below.

 

Signs of a Scam

• They request money over the phone
• They request payment by means other than credit card, such as in the form of gift cards, cash, or wire transfers
• They offer to send you a check, and then you send them a portion of the check back as their payment
• They ask for confidential information, such as your social security number, as “verification”
• They use scare tactics, such as saying you will be arrested if you do not comply

 

What You Can Do

If you feel that a phone call may be a scam, hang up. Fraudsters will try to manipulate you to send money right away, before you have time to think things through. Always ask questions, such as the person’s name, business, call back number, and reason for the call, if you feel it may be legitimate.

To prevent your number from being added to any call lists, you can add your phone number to the National Do Not Call Registry. This won’t stop all unsolicited calls, but it will stop most. If your number is on the registry and you still get calls, they’re probably from scammers ignoring the law. Hang up, and report them at www.donotcall.gov.

 

We are here to help

If you receive a call or are worried you may be a fraud victim, give us a call. We deal with these types of situations every day and can tell you whether or not the call is valid.