2. Pre-Approved Notice
Imagine that you receive a letter or an email that contains the details that you have been pre-approved for either a credit card or a bank loan. If you actually experience financial strain at that point in life, you may fall victim to this scam, because it actually promises you instant approval and appealing credit limits.
However, if you are scammed, you must pay a fee upfront and at the time of sign-up. Take into consideration that though credit card companies do charge annual fees, you will never be asked to pay them at the sign-up stage. In fact, accredited banks won’t know your credit situation and pre-approve you unsolicited.
The next one might catch you hook, line and sinker…..