How Do You Report Credit Card Interest Fraud?
Credit card interest fraud involves the use of deceptive practices by credit card companies (or anyone claiming to be affiliated with a credit card company) with the intent to defraud, leading to a loss of some sort. One variation of this scheme typically involves perpetrators offering exceptionally low interest rates to credit card customers if customers would pay a “small fee” to cover transaction or delivery costs associated with processing this request. Credit card interest fraud is a crime prosecuted to the highest extent of the law, if uncovered. Locate the Federal Trade Commission (FTC) Bureau of Consumer Protection Complaint page. You will find a link to this page in the Resources section. The FTC’s Bureau of Consumer Protection receives and investigates allegations of various types of fraud committed against U.S. consumers. Once a complaint is filed with the FTC, it is automatically entered into Consumer Sentinel, a nationwide database used by all federal law enforcement agenc
