Protect your Credit
|Keep Your Records |
It is always important to keep documentation regarding your credit products so you can refer to them if a dispute or problem arises. Be wary of companies willing to extend you credit without a paper trail (such as fax-less loans).
Be careful of lenders with no physical address or only a PO box
Unscrupulous companies often have no physical location, and provide just a PO Box as an address to give the impression they are an established company.
Avoid binary options at all costs
Binary options scams find their victims through ads placed on social media, websites, chat programs, or unsolicited text messages or phone calls. A so-called “expert trader” works from a script and uses high-pressure sales tactics to get you to set up an account on their website. Once an account is set up they entice you with “free money” to start trading. Then they get you to “invest” your own money using a credit card, pre-paid card, or money transfer.