We’ve compiled a list of common scams to help keep our members safe and informed. There are many different types of scams, so we’ve included the ones that we feel are most important to our members.
- Charity Scams
Charity scams are more common after times of disaster and can present themselves in many forms. Always be aware of the organization’s name, do your research, and only give to those you trust. The FBI offers a variety of helpful tips to avoid charity scams on their website to help you learn more.
2. Debt Collection Scams
A scam that we see often is fake debt collectors that target people to get money instantly. Most often, these fake debt collectors want you to pay them in an unusual way such as a wire or a prepaid debt card. Always be sure to get information about the collector, check for a written notice, and check your credit report. Don’t forget, you can view your credit report while logged into our Online Banking. A variety of other tips are listed on the AARP website to help prevent debt collection scams.
3. Imposter Scams
Sadly, imposter scams can be a very familiar type of scam. These scams always involve a person pretending to be someone else, whether that may be a family member, a government worker, or someone in technology support. These imposters may try to convince you to buy a gift card for them or wire them money. It is important to always verify who you are speaking with to the best of your ability.
4. Wire Scams
Wire scams are especially dangerous as once the money is sent, it is very difficult to get it back. These scams usually use a story of a loved one that needs you to send them money so they can get back home. While we do offer wires at the Credit Union, we always ask a few questions to make sure you know who you are sending money to. The Consumer Financial Protection Bureau even lists the steps to report a scam, along with more helpful information on wire scams in general.
5. Text Scams
Unfortunately, these text scams can cover a variety of topics. Such as the promise of free gifts, suspicious activity on your account, and more. It is important to remember to not click any links in the scam text message if you do not know the sender. Also remember to never give out any personal information either. These tips from the Federal Trade Commission give helpful directions on how to stop the scam text messages and also how to report them.
6. Scam Letters
While it may seem unlikely, we still see scams that occur through the mail. One example is a home warranty scam warning members of an expiring home warranty. It is even possible to receive a fake “registration fee voucher” to make things more complicated. Fraudsters can obtain your mortgage information through public records, making their letters easier to believe. If you receive a letter like this, ignore it and call us directly at the Credit Union.