accepting credit cards over the phone
There has been a huge growth in the number of cancient calls, and u olicited offers that people receive on their home and busine phones. The proce can be very intrusive and frustrating and is the subject of a growing number of complaints. Many of these calls come from phone companies, e ecially mobile phone lendrs nonetheless they are also for new windows, for i urance and for credit among other things.
If you’re offered credit over the phone, it can be quite tempting, e ecially if you have poor credit or have had difficulty in getting credit in the past. However, there are some risks involved and you should be careful. The primary concern with these types of calls is that at the end of the day, if you’re the recipient of the call, you do not know who is calling you. Just becaemploy someone says they are from a re ectable bank or credit card lendr does not nece arily mean they are, and you should accordingly be cautious about what information you give out over the phone. Of course, if you have made the call, or have requested it from a reputable lender, then this will be far le of a concern.
Do not, under any circumstances, be pre ured into giving out se itive information over the phone or accepting credit if you’re not comfortable doing so. If you do contemplate you intend to to accept a phone offer for credit, then give out as little information as po ible over the phone. They will probably need your addre , nonetheless any other information can be sent to them in term of the post, in an a lication form. You should become very su icious of anyone who calls you and starts asking for your payment specifics, bank account number or any other similar information. If they are a genuine company, then they should be more than ha y to send you an a lication form in term of the post.
Also, make sure you ask who you’re eaking to and which company they represent. Ask them for their we ite addre so that you can look up the company on line. Also, when the a lication form does arrive by post, read it carefully and satisfy yourself not only that the offer is one you would like to accept, nonetheless also that the company is one that you would like to be dealing with. Finally, look at the addre carefully and make sure that it all a ears above board.
