How retirees can stop fake debt collector scams

debt collector phone scam

Key Takeaways:

  • 1. Scammers are increasingly posing as debt collectors, targeting retirees.
  • 2. Red flags of fake debt collector calls include immediate threats, unusual payment methods, and refusal to verify debt.
  • 3. Tips to verify debt collector calls include requesting written verification, looking up the collector, contacting the original creditor, and using trusted resources.

Scammers are pretending to be debt collectors, with retirees being a common target. Red flags of fake calls include threats, unusual payment methods, and refusal to verify debts. To verify calls, ask for written validation, check with authorities, contact the original creditor, and use reliable resources. Protecting personal information can also deter scammers, with data removal services recommended. Reporting scams to the FTC, state attorney general, or CFPB is crucial in preventing others from falling victim.

Insight: Retirees are particularly vulnerable to fake debt collector scams due to factors like less frequent monitoring of finances, accumulated assets, and trust in phone interactions.

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This article was curated by memoment.jp from the feed source: Fox Scitech.

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