National Consumers League

Personal Finance

Hot Topics in Personal Finance

NCL’s Fraud Center tracking spike in mystery shopper scam

mystery shopping scams on the rise

With a still sluggish economy and steady unemployment figures, many Americans are looking for new work opportunities only to be unwittingly scammed in the process. Mystery shopping scams have become an increasingly popular swindle, with complaints to NCL's Fraud Center regarding fake check scams involving fraudulent mystery shopper and work-at-home schemes up nearly 9 percent in the last six months.

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Government grant scams: promise free money but deliver debt

With high unemployment and a still sluggish economy, many Americans are on the lookout for new opportunities to get some cash—a fact that scammers are well aware of and eager to exploit. Government grant scams have been a frequently reported scam to NCL’s Fraud Center in recent months.

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Fake payday loans plaguing consumers

Payday loan applicationPayday loans are short-term loans marketed to consumers in need of cash – a growing population in this economy. The loans – plus often high interest rates – are to be repaid on the next pay day, and consumer advocates warn consumers against using payday loans because they are a short-term solution that come at a very high cost. To make things worse, NCL’s Fraud Center is hearing about a new twist on payday loan scams from consumers.

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