There is enough troubling news being reported out there with payday loan lenders, bankers and mortgage lenders. When it comes to financial institutions, there is a need to pay attention to news worthy stories. There is a news story coming out of Texas which should be used as a reminder to the people of the country, scam artists will use any available source to get to your personal information.
Don’t share personal information to unknown payday loan lenders or bankers whom you do not contact first.
New text messages are being sent to residents of southern Texas. Theses texts are disguised as representing larger banks (such as Bank of America or Wells Fargo) and are seeking personal information. If a person responds to the text providing the material requested, the attempt to steal your personal information is now a reality. Fraudulent attempts to gain control of your identity or bank accounts are costing people time and money.
These texts have alarmed some people to believe that something was seriously wrong with their banking accounts. By providing the information such as Social Security numbers or bank account numbers quickly, their accounts would be safe. Quite the contrary. Never provide personal information to anyone you do not know, unsolicited bank or payday loan lender texts, phone calls, emails or letters.
If you are someone who has received a text, email, phone call or letter:
- Never give out your personal information to someone who contacts you first.
- If the contact is from a bank or payday loan lender, call them back directly to confirm where they are calling from.
- Never respond to any text or click on any link provided.
- Call your cellphone service provider to get these numbers blocked from contacting you again.
- If you did fall victim to the scam, immediately contact your bank or lender.
Remember, you do not have to participate in any type of communication with anyone who is trying to scam you. You do not need to be polite, nor do you have to listen to any type of persuasion. If the person says they are from your bank, take down their name and extension, then call your banks and contact them to ensure they are who they claim to be.
Spotya! Online Payday Loans is a responsible lender looking out for both business and customer best interests. It is a best practice to inform the public of fraudulent activities or scams which could affect yourself or someone you know. It is always best to check up on the person behind the contact. If the person is legitimate, there will not be any problem with you taking the time to double check the authenticity of the contact. Some payday loan lenders get information through lead sales, so if you receive an email and you are unsure of the intent, give them a call. Any good lender will have someone manning the phones during business hours and will be helpful in answering any question you may have.
Help keep everyone safe. When you read or hear news of new scams or fraudulent activity, tell everyone you know. An ounce of prevention is worth a pound of cure.
