Linked by Thom Holwerda on Wed 14th Jan 2009 23:40 UTC
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Member since:
2009-01-19
There were lots of reason to watch out for 2009, the economy is causing people to fall deeper into debt and becoming vulnerable to con artists, frauds and scammers. Some of these wicked doers prey particularly on people who are in a desperate search for credit counseling. If anyone asks you to pay debt-relief service fees upfront, without doing any work for you first, that is definitely a red flag. It's the same way with payday loans. If someone is offering you payday loans, but you haven’t been approved yet, and they ask you to pay a fee, run! Scam artists are even victimizing many Americans by selling information about federal job opportunities. To top it off, they even advertise in the classified sections of newspapers, offering to help job seekers find and apply for federal jobs – for a fee! So it is important that you are aware of how to notice signs of a scam and preventative measures you can make to avoid being a victim.
Check out this article I found that goes over what overpayment scam is and how http://personalmoneystore.com/moneyblog/2009/01/05/payday-loans-can... can help in many different areas.