Survey: More than 1 in 3 Americans have faced a financial scam or fraud in the past year
Date: July 23, 2025
A recent survey by Bankrate highlights the growing concern over financial fraud, with 77% of U.S. adults expressing worry about becoming victims. The survey reveals that credit card fraud is the most common type, affecting 46% of respondents. Other prevalent fraud types include identity theft and debit card fraud. Despite these concerns, only 21% of respondents regularly check their credit reports. The article emphasizes the importance of vigilance, recommending steps such as monitoring financial accounts and using strong passwords. It also notes that younger adults are more likely to fall victim to fraud, underscoring the need for increased awareness and education....
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