| April 4, 2011

Data breach affects major credit card issuers

Several of the largest credit card debt handlers in the country were recently affected by a massive data breach that could leave customers exposed to potential scams.

A tech firm based in Dallas, Texas, was recently compromised by a team of hackers that gained access to the email addresses and names of numerous customers of some of the nation’s largest companies, according to a report from the Associated Press. Several of the affected institutions include some of the biggest credit card lenders in the country, such as Capital One, Barclay’s, U.S. Bank, Citi and JPMorgan Chase.

Epsilon, the email database company that was attacked, reported that no other customer information was exposed, the report said. However, affected consumers may be hit with phishing scams in the coming weeks and months.

A phishing scam often involves a cybercriminal sending an email that appears to be from a legitimate business, asking potential victims to provide personal or credit card account information, or to click on a link. However, these consumers should delete and ignore these emails, as no company would ever engage in this type of practice.

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"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

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Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

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