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Consumer Alert

How to spot the top scams that started on social media

BCP Staff
If you’re on social media, you know posts from friends and family might not be the only ones on your newsfeed — scammers are there too. FTC data shows that losses to scams on social media have been increasing dramatically since 2020 — people reported losing $2.1 billion to these scams in 2025 alone. The FTC’s new data spotlight brings to light some of the insights about what scams people experience on social media. Keep reading to learn how to scroll past the scams.
Credit, Loans, and Debt
Consumer Alert

Say “no, thanks” to unexpected offers to lower your credit card interest rate

BCP Staff
If a company calls you unexpectedly and offers to help lower your credit card interest rate, say “no, thanks.” It’s probably a scammer hoping you’ll pay them for shortcuts that don’t really exist. Here’s how to spot and avoid scams that promise to help lower your credit card interest rate.
Consumer Alert

Did you buy tickets on StubHub between May 12-14 last year?

BCP Staff
If you bought tickets on StubHub between May 12 and 14, 2025, you may be getting some of your money back. The FTC recently sued the company for allegedly not displaying the total price (including mandatory fees) of live-event tickets it sold during those dates. And now, StubHub will pay $10 million in refunds to eligible customers.

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