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Scott Padgett to Move From CBS Texas to CBS New York
Scott Padgett to Move From CBS Texas to CBS New York

Yahoo

time6 days ago

  • Climate
  • Yahoo

Scott Padgett to Move From CBS Texas to CBS New York

CBS Texas chief meteorologist Scott Padgett is joining CBS New York's First Alert Weather team, starting June 30. His last day at CBS Texas is May 30. Padgett has been with the station for 12 years, and has been its chief meteorologist for nearly a decade. "We are thrilled to see Scott transition to CBS New York. We thank him for his outstanding contributions and wish him the very best," said Meagan Harris, news director of CBS Texas. "I am excited to join CBS New York's First Alert Weather team and fulfill my lifelong dream of forecasting in New York," said Padgett. "While it is bittersweet to leave CBS Texas, I am grateful for the incredible support from my colleagues and viewers over the past 12 years." "Scott's expertise and engaging personality will be a great addition to the First Alert Weather team in New York. We look forward to him joining the team," added Sarah Burke, news director of CBS New York Padgett is a member of the National Weather Association and the American Meteorological Society and received the Seal of Approval from the American Meteorological Society in 2006.

US set to see record number of fraudulent auto loan or lease reports in 2025 — how to protect yourself
US set to see record number of fraudulent auto loan or lease reports in 2025 — how to protect yourself

Yahoo

time17-05-2025

  • Business
  • Yahoo

US set to see record number of fraudulent auto loan or lease reports in 2025 — how to protect yourself

Steve Simon's trouble began when he visited a local car dealer to inquire about buying a vehicle, and the transaction didn't work out. He had given the dealer permission to run his credit. "I didn't like the interest rate on it, so I denied it, left, went home," said the delivery truck driver. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Unfortunately, this wasn't the end of the story, but the beginning of a nightmare. He told CBS New York that in the days following his visit to the dealer, he received repeated notices of hard inquiries being placed on his credit. Those can damage your score if you get too many. Worse still, weeks later, he received a letter from Ally Bank indicating he'd been denied the lease he'd co-applied for at the dealer with a woman named Michelle. "I don't know no Michelle, no person like that, and if I'm not able to get a vehicle, I damn sure not gonna co-sign for someone else to get a vehicle," Simon said. Now, Simon is looking for answers, but the dealership can't explain what happened. What is clear, though, is that Simon is a victim of identity theft — and he's not the only one. Identity theft related to auto loans and leases occurs far more often than you might expect. In 2024, the Federal Trade Commission fielded 60,189 claims. This was a 16% increase compared with the prior year. Things aren't looking any better this year either. FTC data reveals 21,446 of such auto lease or loan identity theft reports were filed in the first quarter of 2025 alone, up a whopping 71% from the same time last year. If this trend continues, 2025 will see a record number, according to CBS New York. Synthetic identities, which combine a real person's information like their Social Security number or date of birth with false information, are a growing problem due to generative AI. At the end of last year, $3.3 billion in auto loans, bank credit cards, retail credit cards and unsecured personal loans were held by such fake identities, according to a TransUnion report. The kind of identity theft that Simon experienced can have damaging effects on a victim's credit score, ability to borrow, and financial well-being. Read more: You're probably already overpaying for this 1 'must-have' expense — and thanks to Trump's tariffs, your monthly bill could soar even higher. Here's how 2 minutes can protect your wallet right now Lucas Gutterman, a consumer advocate at the U.S. Public Interest Research Group, said that the one bright spot in Simon's situation is that he got a denial letter on the loan. "If it had been accepted and someone who is a criminal had gotten access to that line of credit, that could cause some serious damage by affecting the credit score or just affecting the debts that this person owed,' he told CBS New York. Still, the repeated credit inquiries are a hassle — and one with real-world financial consequences. Simon explained the incident was "ruining my credit score." To avoid becoming a victim of auto loan identity theft, it's important to keep all your identifying information safe. Don't share personal details like your Social Security number on the internet or on the phone. It could be a scammer pretending to be your bank or a government agency. If something seems off — even at a dealership — don't provide your Social Security number, as you don't want it misused to apply for credit you don't want, like Simon experienced. Simon received notifications when his credit was checked. It's a good idea for everyone to sign up for these kinds of notifications so they will know right away if something is wrong. You should also regularly review your credit reports. If you suspect someone may be trying to steal your identity, you can place a credit freeze on your credit reports. You would have to contact each of the three credit bureaus — Experian, TransUnion, and Equifax — to do this. By taking these steps, consumers can reduce the chance of becoming a victim even with auto loan fraud on the rise — and they can avoid the hassle and potential damage to their credit that goes along with it. Gutterman, and other consumer advocates, also suggest reporting any suspected fraud both to the Federal Trade Commission and local police so the scam can be properly documented and investigated — and to raise awareness to potentially help others from becoming victims as well. Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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