The BBB warns of increased Debt Collection Scams

By Tim McBride

The Better Business Bureau and the FCC are warning consumers about phone calls from phony debt collectors. In the past couple of months, there has been an outbreak of telemarketing calls from phony debt collectors attempting to solicit private information for the purposes of identity theft.

Government agencies such as the FCC or FTC have reported an increase in consumer complaints about fraudulent telephone calls and identity theft. You can visit either the FCC or the FTC's official website to obtain up to date information about the techniques used by these fraudulent callers by clicking on the information section of each website. Additionally, the Better Business Bureau has a wealth of information about how to avoid becoming a victim of identity theft.

One recommendation is to ask the caller to call them back and then perform a lookup of the telephone number of the caller. That way you can review what others have said about the caller to help you confirm if they are a legitimate agency or not.

It is also suggested that you do not provide personal information such as bank account numbers, social security numbers and other financial information over the telephone.

Do not provide any personal information or financial information such as bank account numbers, social security numbers or other information over the telephone. Rarely is this information required by a legitimate debt collector.

Don't fall victim to identity theft, do your homework the next time you get a suspicious telephone call make sure that you know whose calling you before you provide any personal details, financial information or other personal information that can be used to steal your identity. - 31837

About the Author:

Sign Up for our Free Newsletter

Enter email address here