I received a call the other day from a nice person who said she was from my credit card company and wanted to offer to lower my rate of my credit card. She provided a few pieces of information to verify that she was from my bank, then went on to ask me some additional personal information. I provided some information to her, then she said thank you and said she’d get back to me. Fortunately, all of the information I gave her was false. I’ve heard of these scams before and was curious how far she’d go.
More and more people today are receiving “telemarketer” type calls offering both opportunities to reduce your credit card debt, improve your auto warranty, consolidate your credit cards, or many other offers. Most of these are scams.
The foremost rule when getting a call from someone you don’t know: Don’t Trust Them.
Here’s what to do when you get a solicitation on the phone:
1) Do you want to listen? Typically I politely tell telemarketers no thank you and to place my name on the do not call list. More often than not, once they know you’re not interested they’ll hang up and go to the next unknowing caller.
2) Does it sound real? Its truly possible that you may get a real call from your bank, stock broker, or other company you do business with. I’ll always get their name and extension or department, then say I’ll call them back. I’ll lookup the real general business phone number (eg my bank) and ask for that person or extension. This way I can ensure they’re real when I call them.
3) Send to voicemail? Caller ID is a wonderful thing. If I don’t recognize the phone number, I’ll let them go to voicemail and if its important enough, they’ll leave a message. For those that don’t or who keep badgering me, I’ll look them up on a reverse phone directory. These directories tell you who called, and often show other callers’ experience.
Its key to note that you truly can’t trust callers today. You never know if they’re real or trying to scam you. Never give out personal information if they call you. I’ve found a good website that allows you to find out who the caller is and use it from time to time, see CallCatalog.com.