Types of Scams Students Should Avoid: Students graduating high school are young and getting started on their own. Perhaps this is the first time they are living away from their parents.
This makes it the perfect time for people to take advantage of students because of their lack of experience. There are numerous scams people use to target college students. We want to make sure students know how to recognize them so they can be protected.
Here is a list of some scams targeted at college students or students of a certain age | Types of Scams Students Should Avoid
- Misleading Credit Card Offers: If the student needs a credit card, the best thing to do is go to a bank and apply for one or to a local credit union. Explain to students that they should not respond to every solicitation because they usually have unfavorable terms or rates. This usually ends up putting the student into deep debt early on because they are not properly explained on interest rates, minimum payments, and money management. This is also another way for scammers to get the student’s personal information and steal their identity.
- Social Media Scams: Everyone knows the younger generation lives on social media. Most 18- to 24-year-olds use TikTok, Instagram, Facebook and Twitter. Beware, though. Scammers also camp out on social media. They set up fake pages for universities and contact students in order to collect email addresses, which could result in spamming their inbox or stealing their identity. They also pose as friends or family and have them send money that they can’t get back.
To protect students, explain to them to only accept friend requests or add friends they know, be careful of what they post online about themselves, and be cautious of invitations they receive to like pages.
It’s a sad fact that people try to take advantage of students because of their inexperience or because they may be more trusting than older adults. It is crucial students and parents become familiar with the different types of scams and start educating themselves on how to avoid them. Students should always think twice about what they post online. It can be used to blackmail and steal from the student. Students should breather and not be so trusting of people they don’t know. They may seem to have good intentions, but this can be an act. Let’s make sure students educate and protect themselves from scams. Hope this article helps you to learn about the Types of Scams Students Should Avoid.
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