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Scams are unfortunately a big part of the online world now. According to the Financial Times, approximately £1.17bn was stolen from victims in the UK through financial fraud in 2023.
However, with a good eye and knowledge about certain scams, you should be able to detect a scam and avoid it.
Scams can often be spotted before taking any steps at all. Here are some of the main points that all of our customers should be aware of.
If a provider contacts you out of the blue and you were not expecting it, this could be a sign of a scam. If you’re unsure, simply contact your provider directly and ask them about the request.
Scammers will often use human psychology to trick victims into making impulsive decisions. They might push you into making a decision quickly by scaring you that you may lose money or be penalised for lack of time. Make sure that you always take a moment and consider what is being asked. Furthermore, most providers will give you plenty of notice of things, so it’s best to be wary if you’re being forced into making a decision quickly.
Most companies will not ask for sensitive information such as passwords or PINs. If you’re being asked to divulge this information, it’s likely a scam. Creditspring will never ask you to share your account password or bank details via email or over the phone.
Scammers will often lure victims by presenting a deal or opportunity that is very tempting, such as promising large amounts of money or unique opportunities. If the offer seems like it’s too good to be true, then it likely is and is probably a trap. Always check with the company first to see if the offer is legitimate.
Scammers will often not be able to use legitimate email addresses of the company they’re trying to impersonate, but will attempt to make numbers, documents and email addresses look as similar as possible to the real thing.
For example, different scammers have been posing as Creditspring in order to steal money from potential and existing members.
If you receive an email asking you to provide your account password or bank details, do not respond. These are scammers pretending to be Creditspring. Some fraudsters have been operating under 'Creditsprings' and 'Credit Spring'.
Remember – we’ll never ask you to share your account password or bank details via email or over the phone. We don't charge for eligibility and affordability checks, and we don't require an upfront fee in exchange for your loan.
Always go via the Creditspring website if you need anything from us.
We’ll never ask you to share your account password or bank details via email or over the phone. We don't charge for eligibility and affordability checks, and we don't require an upfront fee in exchange for your loan.
Different scammers have been posing as Creditspring in order to steal money from potential and existing members. If you receive an email asking you to provide your account password or bank details, do not respond. These are scammers pretending to be Creditspring. Some fraudsters have been operating under 'Creditsprings' and 'Credit Spring'.
If you have any questions or think you may have been the target of a scam, contact your bank immediately. You should then contact Creditspring and alert us of what has happened.
Visit Take Five for more information on protecting yourself from financial fraud. They offer straightforward, impartial advice that helps prevent email, phone-based and online fraud.
