Watch out for Credit Card Insurance Scams

By
Real Estate Broker/Owner with The Mortgage & Property Connection

I just heard about a group of telemarketers calling to solicit consumers for credit card loss protect insurance. They ask the consumer for their credit card number and other personal information as part of the insurance process.  The sad truth is this type of scam works.  I guess with all the media reporting on numerous scams and how the consumer has been cheated out of money...it just goes to show people for some reason want to believe what they hear.

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