How to Prepare your ID documents for your broker PLUS some of the latest SCAMS
Today I want to share with you a guide on how to prepare your ID documents for your broker, so they are acceptable to the lender who is reviewing your loan. This is relevant whether you are buying a property or refinancing.
I also want to share with you some of the latest Scams ACCC is seeing – scary stuff!
Click below for more information.
NB This advice is general in nature and please read our full disclaimer on the link below
SCAM ALERT UPDATE
Rental Scams targeting more Australians during the pandemic
As at 21 September this year, Australians had lost over $300,000 to these types of scams.
Click here to read more
Threat based scams targeting young people and the Chinese community
Australians have lost over $8.8 million to threat-based scams so far this year and young people are reporting the highest losses.
The most common of these scams are the phone calls which intimidate people by pretending to be from Government Departments, officials, police, ATO, etc, and demand payments to avoid such things as being arrested. Young people are disproportionately being targeted as are people with English as a second language.
Scamwatch has received over 18,000 reports of these scams this year, an increase of 40% compared to reports across all of 2019.
When people think they are dealing with someone official they will often feel they have to share personal information, hence this leads to identity theft and then falling victim to future scams.
Click here to read more and learn more about managing these Scams.
Background
IDCARE is a free government-funded service which works with victims of identity theft to develop a specific response plan and support them throughout the process. You can phone them on 1300 IDCARE (432273) or visit their website www.idcare.org.
You can subscribe to Scamwatch Radar @ scamwatch.gov.au to keep up-to-date.
Source: All the above commentary is from ACCC scamwatch.gov.au
