In one scenario, for which the IRS has already sent several warnings, a scammer will use your Social Security number to file a tax return in your name and then claim the refund. The biggest red flag in this scam is being pressured to act quickly. In actuality, the IRS will give you t...
Unrealistic "Quick Fix" Promises: Any claim to erase debt instantly or without effort is likely a scam. High-Interest Payday Loans: These loans may offer immediate relief but can trap you in a cycle of mounting interest and fees. Skipping Payments as a Strategy: Missing payments to prioritize...
For example, avoid debt settlement offers that “guarantee” they'll be able to settle your debt, as it could be a scam. They may also advise you to stop paying your credit card bill — even the minimum amount due — which could lead to late fees, accumulated interest charges, and a...
Let’s say you’re approached by organization that doesn’t strike a bell. They come soliciting an equally important cause yet don’t have the credentials needed to back it up. In order to elude the crime of charity fraud, the U.S. Postal Inspection Service suggests that you adhere to t...
Is Motley Fool a scam? Not in the least. When you have such high returns, it looks like the Motley Fool is too good to be true. However, it is a legitimate company with over 700,000 subscribers and 250+ employees. Am I guaranteed to make money?
If the bank detects unfamiliar or inconsistent transactions—particularly in locations or for purchases that do not match your usual spending patterns—they might suspect your account has been hacked or that you've fallen victim to a scam or identity theft. As a precaution, they might temporarily...
Unrealistic "Quick Fix" Promises: Any claim to erase debt instantly or without effort is likely a scam. High-Interest Payday Loans: These loans may offer immediate relief but can trap you in a cycle of mounting interest and fees. Skipping Payments as a Strategy: Missing payments to prioritize...