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AFCU & You Blog

The U.S. unemployment rate jumped to 14.7 percent in April, the highest level since the Great Depression, as many businesses have shut down or severely curtailed operations to try to limit the spread of coronavirus.

With millions of Americans unemployed, cyber-criminals are eager to take advantage of people looking for financial relief. These criminals are making phone calls and sending texts and emails pretending to be from government agencies, banks and credit unions offering unemployment benefits, fake stimulus checks and attempting to get people’s personal and financial information.

To learn more about the most common types of scams and what you can do to avoid them, please click here.

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The information provided by Aerospace Federal Credit Union is for informational purposes only and does not constitute personal financial, investment, or tax advice. For advice on your particular financial situation, you should consult with your personal financial, investment, and/or tax advisors. The opinions and statements of authors and commenters on this Blog are not the opinions or statements of the Credit Union or the Board of Directors, and the Credit Union takes no responsibility for their content.