The Top 5 Ways to Avoid an Online Scam

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The Top 5 Ways To Avoid An Online Scam
We get to see a lot of online scams, but we rarely pay attention to them until they impact us. If you haven’t been a victim to an online scam yourself, then you’ve probably heard horror stories.

One of the most common examples of an online scam is the “amazing weight loss” claim. This scam usually displays a before (usually very overweight) and after (very slim and fit) photo of a person or people who’ve used a diet pill, product or equipment that usually requires little or no exercise or dieting. Later you may discover that the picture or pictures were doctored or edited. And that’s just one example. There are countless other claims and offers from miracle hair grow formulas to easy-to-qualify-for credit card offers for people with bad credit. These scams may be out there just to induce you to buy the product and give up your personal information.

Online retailers and merchants might claim, and some do, that the details or warnings are in the fine print.

 

Who reads the fine print anyway?

When you discover the doll your daughter desperately wants is advertised at a ridiculously low price at an online retailer you don’t pull out the magnifying glass to read the fine print that says that there is a “limited supply available.” No, you click the link and expect to buy the doll in the ad at the advertised price.

The Lure of an Online Scam

If you don’t get the doll in the advertisement at the price advertised then you should get off the website right away because that’s when the scam starts to roll in.

Sometimes retailers will ask you for your personal contact information so that they can contact you when the item becomes available. Now keep in mind that some of these “scams” are indeed legitimate marketing ploys. Online marketers use them to get your personal information so that they can target market more stuff to you. If you have a grocery store discount card attached to your key chain, then you’ve already fallen for this tactic. Other times they use these tactics to induce you to shop at their online stores, however, some scams are simply out to harm you and offer no benefit at all — you should avoid these at all costs.

If you are like millions of people that surf the web looking for work, love, or a good deal now and then, pay attention: online scammers have a bull’s-eye on your wallet. They want to rip the cash right out of it. Once they have your money it’s almost impossible to get it back.

The best way to protect yourself and wallet from online scams is to do the following:
  1. Avoid get rich quick schemes no matter how tempting they seem to be.
  2. Avoid work-at-home and employment opportunities that promise big pay or profits with no experience.
  3. Avoid shopping scams that promise you something for free.
  4. Avoid opportunities, products and services that seem too good to be true because they usually are.
  5. Avoid impulse buying.

If you do become a victim of an online scam do the following:

  • Cancel your credit cards immediately.
  • File a police report and report the incident.
  • Place a fraud alert on your name and social security number with the three national credit reporting agencies. They are Equifax, Experian and Transunion.
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About 

Jordhan Briggs is a content writer and copywriter at Enova International, Inc. dedicated to providing the most informative and useful content about living a rewarding life on a budget. Find out more about her on Google+.

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