(WQOW) – If you have a child headed off to college for the first time this fall, the Better Business Bureau wants to let you know about common scams that can target freshman.
The first is fake credit cards. There are many creditors offering fake gimmicks to access students’ personal information. Make sure you and your child research the business before applying to make sure it is legit.
Also be on the lookout for apartments too good to be true. Don’t hand over any personal information or a deposit before seeing the apartment first.
According to the Better Business Bureau’s Scam Tracker report, 42% of college students reported a loss when exposed to a scam, compared to 28% of non-students. Officials said that is because students are often managing their finances for the first time and looking for ways to save money.
You can check out the full list of tips from the BBB here.