The Truth About
AVOIDING CREDIT SCAMS
The Essential Truths in 20 Minutes
Steve Weisman is Senior Lecturer at Bentley College in the department of Law, Tax, and Financial Planning. He is a host for the nationally syndicated radio show A Touch of Grey, heard on more than 50 stations, including NYC’s legendary WABC and KRLA Los Angeles. He is a member of the National Academy of Elder Law Attorneys and has earned a Certificate of Merit for legal journalism from the American Bar Association.
© 2009 by Pearson Education, Inc.
Publishing as FT Press
Upper Saddle River, New Jersey 07458
Company and product names mentioned herein are the trademarks or registered trademarks of their respective owners.
All rights reserved. No part of this product may be reproduced, in any form or by any means, without permission in writing from the publisher.
ISBN-10: 0-13-700157-6
ISBN-13: 978-0-13-700157-6
Contents
TRUTH 2 More credit card offers
TRUTH 3 Skimmers and ATM scams
TRUTH 5 Credit repair services
TRUTH 6 Credit counseling agencies
TRUTH 7 Credit card rate reduction scam
TRUTH 8 Advance fee credit cards
TRUTH 9 Credit card alarms in the night
Being aware of the criminals who are out to take your money is not enough. A scam by any other name is still a scam, and unfortunately, there are some scams that are perfectly legal that can cause you to lose money. Or perhaps they are imperfectly legal, but at this point in time, the law may not be on your side. A good example of a legal scam is what credit card companies can do legally in many instances. Read these essential truths to gain the knowledge that can protect your wallet.
