How to Avoid the BIGGEST Credit Card Mistakes

How to Avoid the BIGGEST Credit Card Mistakes

You want your stimulus check, and there are scammers out there trying to use your fear to steal identities and your stimulus checks — 5 red flags to watch out for

There is no secret that scammers have stepped up efforts in the past few years to steal your identity and your money. The IRS has begun sending stimulus checks to individuals (which are covered in these two videos) and there are other bills in Congress to send out even more money in efforts to get millions of Americans through the downturn in the economy due to this recent pandemic.  Crises can bring out the best in people but at the same time it can bring out the con artist.  The Better Business Bureau has already seen an increase of scumbags trying to get their hands on your money.

Scammers will find this time as an opportunity to start making phone calls, by knocking on your door, sending things through the mail, and sending out text and email messages.

Here are 5 things that you should watch out for.

  1. Fake IRS Calls- No one from the federal government will call you and ask for personal information or banking information.

  2. Look out for fake checks in the mail.  -Just know that real checks will take weeks to arrive.  And they will always be rounded out.  Especially if the checks have weird dollar amounts and have cents at the end of them.

  3. Scam Emails.  The scammer will send links in the email asking you to provide information to get your money faster.  Do not open any links too because those links could potentially be a virus to obtain passwords and other sensitive information stored on your computer.

  4. Text Messages.  The government will not send you text messages about stimulus payments.  If you receive a text message it’s best not to reply.  Because if you even reply to opt-out, you are then confirming that you are a real person.

  5. Pay Money to Receive- The IRS won’t tell you to deposit your stimulus check then send them money back because they paid you more than they owed you. 

In order to receive your check, you shouldn’t need to do anything. They will go off of your information from 2018 the IRS has said if you did not file 2019. The stimulus payments will come the same way that you received your tax refund.  If you believe that you have been scammed you can report it to the Federal Trade Commission at ftc.gov/complaint.

Report the number did they call you from, the agency that they claimed to represent, and any other details from the call.  If anyone comes knocking on your door attempting to collect any information, you should call your local police right away.  One thing that I have recently done was to freeze my credit… it’s free!

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