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Consider the following tips to avoid potentially damaging scams. 1. Unrealistic guarantees for approval. One of the easiest ways to spot a loan scam is the promise of guaranteed approval.
3. ‘I’m a Nigerian prince.’ The “Nigerian prince” scam is one of the oldest since the internet was invented. A wealthy individual claims they can’t access their money for some reason ...
Money for Nothing. Every year, about 90% of consumers either fall for or encounter online scams. And while many consumers are sophisticated enough to avoid some of the most common scams, it doesn ...
A consumer inquires about a payday loan or short-term credit online and is asked for a long list of personal information. The lender is a shell firm; the loan might never be made, but the victim's personal information is now in the hands of scammers who sell it to a fraudulent collection agency.
• Don't use internet search engines to find AOL contact info, as they may lead you to malicious websites and support scams. Always go directly to AOL Help Central for legitimate AOL customer support. • Never click suspicious-looking links. Hover over hyperlinks with your cursor to preview the destination URL.
Types of fraud are diverse, but some stand out as particularly prevalent. Investment scams topped the list, accounting for $4.6 billion in losses, followed by imposter scams at $2.7 billion.
The fraud involves operatives calling homeowners, who oftentimes had previously sought relief from their mortgage lender and thus were expected to be contacted, according to the FCC. The callers ...
8 warning signs of a debt collector scam. Receiving a call, email or letter from a company purporting to be a debt collector can spark alarm. Before disclosing any information, look for these ...