Credit Card Fraud Cost Americans $1 Billion In 2023 As Identity Theft Cases Flare Up

Credit Card Fraud Cost Americans  Billion In 2023 As Identity Theft Cases Flare Up

Have you ever noticed a new credit card or loan account on your credit report that you don’t recognise or inquiries for credit products you never made? There’s a good probability that you may be a victim of identity theft. It is a form of financial fraud where threat actors use your personal data, such … Read more

Card Skimmers Are On The Rise: Here Are The Top Ways To Stay Safe According To Experts

Card Skimmers Are On The Rise: Here Are The Top Ways To Stay Safe According To Experts

Have you seen a loose card reader on an ATM or discolouration between the machine’s body and the card reader? According to the FBI, scammers increasingly use card skimming devices to collect credit or debit card data from the magnetic stripe when a card is swiped, costing consumers and banks almost $1 billion annually. Card … Read more

Zillow Shows $1.6M Ranch Selling For $10K: Listing Says ‘Owner Has Too Many Homes And Wants To Sell’

Zillow Shows .6M Ranch Selling For K: Listing Says ‘Owner Has Too Many Homes And Wants To Sell’

Jamey and Lauren Bertram have been inundated with prospective buyers after their $1.6 million Kansas City home was fraudulently listed for just $10,200 on the real estate website Zillow. This shocking scam left the couple struggling to fend off eager viewers while they worked to rectify the situation. The 5,300-square-foot, five-bedroom home, which the Bertrams … Read more

Can You Avoid Credit Card Debt If You Move To Another Country?

Can You Avoid Credit Card Debt If You Move To Another Country?

A Reddit post recently went viral after an international student relayed how he fled the US to return to China so he could escape a credit card debt amounting to $140,000 (roughly £110,000). The alleged student took to Reddit, confessing to racking up massive credit card debt across Chase, Citibank, and American Express. The student … Read more

People are Using Stolen Credit Cards to Rent Equipment From Home Depot And Sell Them Online

People are Using Stolen Credit Cards to Rent Equipment From Home Depot And Sell Them Online

Home Depot, the popular home improvement store, is facing a severe issue with its rental department. Recent reports suggest that the store has fallen prey to several theft schemes, resulting in a loss of over $400,000. These allegations first surfaced through Court Watch, raising concerns about the store’s security measures. Earlier this month, prosecutors in … Read more

6 Reasons Why Your Credit Score Dropped Even If You Pay On Time

6 Reasons Why Your Credit Score Dropped Even If You Pay On Time

Have you ever witnessed your credit score drop despite making timely credit card and loan repayments? Your credit score is determined by several factors apart from your repayment history. Your FICO credit score ranges from 300 to 850 and is checked by lenders when you apply for a loan, credit card, or mortgage. A score … Read more

‘I Put $50K in a Shoe Box and Gave it to a Stranger’: New York Financial Columnist Scammed

‘I Put K in a Shoe Box and Gave it to a Stranger’: New York Financial Columnist Scammed

Charlotte Cowles is a New York-based columnist for The Cut and the New York Times who delivers financial advice by revealing her first-hand experiences. Recently, Cowles revealed that she had lost thousands in an elaborate financial hoax. “I put $50,000 in cash in a shoe box,” the columnist wrote. In October 2023, Cowles received a … Read more

Fake Stanley Tumblers sold by ‘shady’ scammers, cops warn

Fake Stanley Tumblers sold by ‘shady’ scammers, cops warn

Don’t become a pour victim of this popular con. Police are warning about a sharp rise in counterfeit Stanley cups amid a heightened surge in popularity over the portable item — one not to be confused with the coveted National Hockey League trophy. “This past summer, we found them for as cheap as $19. Sounds … Read more