common financial scams

common financial scams

5 Common Financial Scams and How to Avoid Them

Our sensitive financial information is transferred on a daily basis. Whether it’s making a purchase online or checking our bank account, it’s no wonder that thousands fall victim to financial scams each year. Millions of dollars are lost annually by unsuspecting consumers who don’t manage to catch the signs of a financial predator looking to take whatever they’ve got. Whether you use personal checks or secured credit cards, you need to be aware of financial threats so you can stay vigilant. Here are five common scams with tips on how to protect yourself.