“Call JG Wentworth. 877-CASH-NOW!” This commercial jingle takes up way too much space in our brains ever since its introduction, but it turns out that jingle is full of lies and false promises. JG Wentworth is out to scam you out of your hard-earned money and leave you out to dry while they take sizable chunks of it for themselves.

So what resources can you use to make sure you’re not the one getting scammed when you need cash now?

Well, we’re glad you asked. It’s time to dive into this guide of the best scam detectors and fraud prevention resources at your disposal!

But enough preamble, right? Let’s get started!

Education is the Best Scam Detector

The best way to stay ahead of scams is to learn both how to spot a scammer and to do background research on companies before you go into “business” with them. For starters, try to pay attention to the different types of scams to look out for. These can range from false debt collectors (for real debts) to impersonating a family member so you will send them money.

It’s also important to learn what documents to keep an eye on for signs of fraud. For example, make sure to check your credit card statement for any charges you didn’t make.

Checking your credit report history will also let you see if someone tried to open any cards in your name. You can also check incorrect charges here.

Before you invest with a company, do some searching to see if they are reliable. Sites like the BBB (Better Business Bureau) exist to provide reliable feedback from customers on a company’s operations. The BBB also takes accreditation away from any business that doesn’t meet those standards, so keep an eye out for that BBB badge.

Preventative Measures

Another great way to stave off scammers is to take measures to ensure it’s harder for them to get to you. One easy way is registering your phone number with the National Do Not Call Registry. This prevents your number from being available to telemarketers and the like, reducing your chances of running into a scammer.

You should also review the steps to undergo if you find a fraudulent transaction (call the bank, cancel the card, etc.). This way, if it ever happens, you won’t get stuck wondering where to go next until it’s too late. You can also reach out to your credit card company to see if they provide fraud alerts so you can get notified before anything bad happens.

Finally, make sure you know your legal rights to fight back. For example, if you are scammed, you can register a complaint with the Federal Trade Commission to get the scammer under federal investigation.

Deceived No More

And there you have it! Now that you have this guide to the best scam detectors and fraud prevention resources, you can make your business transactions without the worry of getting tricked! And if you want more information on ways to spot and prevent fraud, be sure to check out the other articles on our blog!