How to Avoid Scams
Keeping financial accounts secure has been a challenge recently. Since this is the case, it is important to stay educated on how to avoid financial scams. Read these tips to ensure you and your loved one’s financial accounts are safe.
- Block unknown callers and text messages – Scammers will try to call or text you to get your information. They can disguise themselves as trusted organizations or individuals over the phone to get close to you and collect your information. Not engaging with unknown calls and text messages is the best way to prevent this from happening.
- Learn how to set up credit monitoring and fraud alerts through a Credit Bureau – Visit any of the Credit Bureau websites to learn how to set up fraud alerts in your financial accounts. Read this article from the Federal Trade Commission on how to set these protections on your accounts.
- Don’t give out your personal or financial information unless it is someone you trust – If it is possible try not to give out your financial information to anyone. This information is a straight shot to your accounts and can lead anyone to your finances. If you have to give out your financial information, it is crucial to make sure it is given out to individuals you can trust.
- Resist the urge to act immediately and think before you click on any links – Many scammers will promote urgency in the messages that they are sending out. This is to complete a task they are asking from you without giving you time to think.
- If someone that you don’t recognize is asking for you to pay money or for your account information, pay attention to the way they ask you and report it – When reporting these messages, it is helpful to remember details of how these potential scammers ask you for your information. Financial institutions can use this information to help you and others that could potentially be affected.
- Call your financial institution if you suspect a scam has infiltrated your accounts – No matter what, if you have any suspicions of fraud in your financial accounts, report it. Even if you are unsure, it is important to speak out. It is better to be safe than sorry when it comes to fraud.
Guardian Credit Union is here for you if your financial accounts are compromised. Read our article on fraud resources to know what to do if you have fraud in your accounts. If your Guardian account was hacked, please call us at (414)546-7450.