Trading Standards Information and Advice: Debt text scam warning

Residents are being warned to be wary of mobile phone text messages or emails that claim to help people become debt free by ‘buying’ or ‘selling on’ their debts, or to help them claim for accidents.

Trading Standards have seen a significant increase in the number of texts, emails and adverts from debt and claims management companies that misleadingly state they can take over liability for debts write off debts or get compensation for accidents.

The texts are general messages sent randomly - so many of the mobile phone users that receive them may not be in debt or may not have had an accident.

The messages are usually along the lines of: “struggling due to current economic conditions? Reply debt to book a free appointment” or “Our records indicate you may be entitled to 3750 pounds for the accident you had. To claim for free reply YES to this message. To opt out text STOP.”

These texts and adverts are usually scams to gain your security information and bank details.

By replying to the text you are likely to receive further emails or texts asking for personal information which is likely to be misused.

Even responding “STOP” to opt out of the messages will confirm to the scammers that your mobile number is live and can result in you receiving more scam text messages. And like most scams, when something looks too good to be true, then it usually is.