Interest rate reduction scamĪt least three times a day I answer my phone to the sound of a robocall. Whenever I get communication that looks like it's from my credit card company, I double-check the email address or tell them I'll call them back and use the number provided to me inside of my credit card account. This is a scam that happens to me quite often (through email, text, and phone calls). Read more: Identity theft is a major problem, but these 5 credit card protection programs can help keep you safe They'll ask for personal details or your credit card details.
Why is phishing so common and popular? Oftentimes, these fraudsters will contact you with an email address that looks practically identical to the one your credit card uses or call you and mimic how a credit card representative would sound over the phone. While this type of scam can happen in many different ways, it usually occurs when a fraudulent company (or individual) contacts a victim by phone, email, or text message, with the goal of extracting their credit card, banking, account, or personal details. One of the most common credit card scams that have been around for a while is called phishing. Wondering what the most common credit card scams are right now and how you can protect yourself from getting wrapped in one of them? Here's what you should know.
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