Credit Debt Trap #6
By Mike Wayman
Sometimes I can’t believe the extent that people will go to make a buck illegally. This video exposes the collection industry for what it really is. These people are calling consumers posing as police officers telling people behind on their payments that if they don’t pay up they’ll be arrested and brought to Maryland where they’ll face charges and be jailed. The collectors claim to be calling from Maryland but in reality they’re calling from a Buffalo, New York.
Getting out of these debt traps can be very difficult and the damage it can do to your credit can be immense. If you think that a collection company is breaking the law call an attorney. There are attorneys that specialize in litigation against debt collectors that harass people. If you notice that a fraudulent collection appears on your credit report then you can get in contact with us and we’ll help you repair your credit.
Beware Of Credit Card Scams- Easy To Spot Signs You’re Getting Ripped Off
By Mike Wayman
If you have had your credit card lost or stolen, someone can use your card to make purchases. Also, spyware is used to obtain people’s credit card details, and if you give out your security code, they can make purchases on the internet or over the phone. If they know your pin number, they can get cash advances from an ATM using a cloned card, where another card has been made with your details.
Keep a watchful eye on your credit card statement for any charges that you did not make. If you have given our credit card details to a suspicious person, perhaps on the internet, keep your eyes out for activity. If you keep your security information somewhere with your card, and it if found missing, this could be a theft.
Good guidelines are to never give out credit card information to someone you don’t trust. Don’t use public computers at libraries or internet cafes to do your online banking. Don’t use software that autocomplets online forms. Scammers can get easy access to your details. Do not give out details on the phone regarding your personal information, credit card, or any online accounts, to anyone you don’t know to be a trusted source. Never send that information through email.
If you find account activity that is not yours contact the bank immediately.
