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You used a debit or credit card to pay a scammer. Credit and debit cards are the payment method of choice for scammers, according to the FTC. Fortunately, reversing this type of payment is a lot ...
TransUnion’s U.S. Consumer Pulse Q2 2023 found that over half (51%) of consumers reported being targeted with online, email, phone call or text message fraud. Nine percent of those who said they ...
Use a credit card when paying over the phone, not a debit card. In general, credit cards offer much better fraud protections than debit cards. Although debit cards offer some protections ...
A fake automated teller slot used for "skimming". Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. [1] The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal.
You can protect yourself from skimming by using a credit card over a debit card whenever possible, as they offer more recourse if fraud occurs. However, not everyone has access to a credit card.
The Federal Trade Commission (FTC) warns that if a scam message asks for personal information, the scammer can gain access to your email accounts, bank accounts, credit cards and more. Some things ...
Did you know 17% of Americans have experienced phone scams? In August 2023, GOBankingRates polled 1,141 Americans to find out if they have ever experienced a financial scam. Seventeen percent of...
Debit cards offer convenient access to your money. But there are some rules of thumbs for when your credit card may be better. Learn 5 places it's best to keep debit in your wallet.
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