DFI Tips to Avoid Telemarketing Fraud

#1 Never give out any part of your credit card or checking/savings account numbers to telemarketers no matter what they promise or tell you. If they called you, there is no way of telling who they really are. If you are interested in what they are offering, ask them to send written materials to you.

#2 You should never have to pay any amount to "win a prize" or receive a "free gift."

#3 Carefully review your credit card billing statement as soon as you receive it. If you detect a questionable charge follow the billing rights instructions on the back of your billing statement. Credit card companies are not required to investigate a dispute if you notify them more than 60 days after the charge first appeared on your statement.

#4 Reconcile your checking account monthly and immediately notify your financial institution of any unauthorized withdrawals or "debits" from your account.

#5 Beware of companies that promise to get you a loan or credit card if you pay an up-front fee. Many of these companies are scams.

#6 Contact consumer protection offices to check on whether they have received complaints on a company that you may want to do business with.

#7 Beware of companies that promise to "repair your credit" if you pay an up-front fee. Many of these companies are scams. Credit bureaus will correct inaccurate information for free. You cannot have accurate information removed from your credit report by paying someone a fee.

#8 If it sounds too good to be true, IT IS!!!