Today's teens may seem like experts at modern technology, but scam artists can affect even the savviest user. Luckily, staying alert to the latest teen online scams can help prevent catastrophe. If your teen encounters cheap bags and electronics that seem too good to be true, then it's time to sit down and talk about internet safety. CashMax is here to go over the most common online scams that target teens, and feel free to contact us online for more information about our personal loan services.
Most Common Online Scams
A little prevention goes a long way when it comes to avoiding scammers. Do your research on any company that contacts your teen, and you'll stay safe against potential predators online.
Here are some of the most common scams to keep in mind:
- If your teen encounters luxury goods at a shockingly great price, be wary. Some websites take the money and leave you with nothing. From iPhones to clothing to electronics, scammers will latch on to the newest crazes in attempt to lure potential victims.
- False auctions are also a common fraud tactic. Teens provide personal information and money in exchange for fantastic prizes, but these prizes never arrive.
- Creative teens may enter contests online to engage a larger audience, but it's important to look behind the curtain. Some scam artists promise to publish works of art and literature in exchange for money.
- Be cautious of free cell phone offers as well. Some scammers offer "free" ringtones, wallpaper, and other personalization that carry a hidden fee that appears on your phone bill.
- College-bound students should watch out for fake scholarships and grants that may steal your personal information. Students should also question anyone who offers debt reduction services for money.