How to Spot and Avoid the Latest Financial Scams

Financial scams are on the rise, and Wyhy Federal is committed on helping members in the credit unions of Wyoming stay safe. From scam emails to fraudulent loan offers and deceptive technical assistance calls, scammers are getting increasingly clever. Here’s how to safeguard yourself from these common traps.

Spot Common Scam Tactics

Scammers often pose as financial institutions, like banks or credit unions, asking for personal information. They might use legitimate-sounding language to gain your trust. Remember, Wyoming credit unions like Wyhy Federal will never ask sensitive information through unsolicited messages.

Essential Indicators to Watch For

• Phishing Emails: Be careful of emails that request login details or payment information. Always check the sender's address and refrain from clicking on unfamiliar links.
• Fake Loan Offers: If a loan seems too good to be true, it probably is. Real financial institutions don’t require upfront fees for authentic loans.
• Fake Tech Support: Scammers posing as tech support may demand you to install software or provide passwords. If you didn’t ask for support, hang up immediately.

Stay alert and report any suspicious activity to Wyhy Federal or your financial institution. Let’s work together to keep our community safe! #WyomingCredit #AvoidScams #FinancialSafety