Consumers eager to spend this summer may have found they were lured by false promises. These scams were the most common this season, according to Visa.
"Looking for an apartment can be stressful, and the last thing renters need is to be scammed by fake reviews and apartments that might not even exist," James said in a statement.With federal student loan repayment set to begin in October, some debtors looking for an easy out may be susceptible to. Often, scammers are fishing for personal details they can use to steal your identity.
While getting help from a private, unaffiliated debt relief company may not necessarily lead to fraud,"seeking out unverified services is a common path to a student loan forgiveness scam," the Federal Student Aid OfficeCommon warning signs include aggressive advertising language, big promises and requests for log-in or other confidential personal information.
For example, the holiday season tends to coincide with an uptick in e-commerce schemes, while tax season tends to prompt false promises of outsize refunds from organizations that promise to file your taxes on your behalf.Here are some tips to keep in mind:Do not share confidential information like your address, Social Security or credit card numbers unless you are certain the website or app is legitimate.
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