build trust and then ask for money to allegedly help them pay off bills or make large purchases. These scams can be tricky to spot, but a good rule of thumb is that if something feels fishy to you, it probably is!
The best way to avoid losing money to fake debt collectors is to not engage with them and hang up right away. Here are eight warning signs that can indicate you’re dealing with a fake debt collector: 1. The collector or agency asks for sensitive information that they should already know...
Scammers often use unidentifiable or frequently changing contact details to avoid detection. Research the contact information provided to check if it’s linked to a reputable agency. If you cannot confirm the authenticity of the supposed debt collector’s contact information, don’t respond further ...
cellphone bill or just about anything you owe money on. When you haven’t showed signs of paying on the bill (normally after three months), the company will usually send your account to collections to try to get their money. Oftentimes, these companies will sell your debt to a collection ...
How to avoid scams and protect yourself The following tips can help you protect yourself from some of the most common scams andidentity theft. 1. Use gift cards for gifts, not payments No bank, government agency or legitimate debt collector will ask you to make payments using gift cards. If...
The best way to avoid dealing with a collection agency is to always make your credit card and other debt payments on time. Setting up a direct automatic payment system can help ensure that your payments are never late. However, if you have any changes to your financial account — such as...
Common Types of Consumer Debt That Go to Collections Any bill can go to a collection agency. Your best friend could hire a debt collector for the money you owe, unlikely as that is. If the money you owe does end up with a debt collector, the most likely suspects will be past due bil...
October is Cybersecurity Awareness Month, which means it’s the perfect time to learn how to protect yourself from scams.
Learn about the different types of social media scams and how to avoid them to stay safe from data breaches, identity theft and revenue loss.
Common types of debt include credit card debt, medical bills, personal loans, student loans, and utility bills. How can I negotiate a settlement with a debt collector? Start by contacting the debt collector to discuss your situation. Offer a lump sum payment or a payment plan that is less ...