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Toolkit for Support Over Festive Period Provided by Just Credit Union

Just Credit Union is warning its members against getting caught by online scammers during Black Friday and in the lead up to Christmas.  The credit union has provided a useful guide of advice and guidance to avoid the the temptation to overspend and how to identify fraudulent purchases.


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Friday 26 January 2024

“Black Friday sees a frenzy of deals and discounts, but also a huge rise in fraud,” said Steve Barras, Just Credit Union’s, Business Development Officer. “Our message is don’t get conned – remember if a deal looks too good to be true it’s probably a fraud.”

Since Black Friday made its way across the Atlantic, it is no longer just a day and Just Credit Union says that this year deals are expected a week or two before the day itself, which is November 25 and last until Cyber Monday on November 28.

Steve said: “A Which? Magazine investigation found that in previous years more than 90% of Black Friday deals were the same price or cheaper in the six months before the sales event. Other research showed that purchase scams jumped by around a third compared to the usual monthly average.”

Steve added: “We are advising bargain-hunters to make sure they factor in all the costs – delivery in particular can easily add up. It’s easy to get swept up in the hype of Black Friday – but it’s not the last sale day before Christmas.

“However good the deal is it is sensible to have a budget and stick to it. We are reminding people to consider all of their Christmas costs and that they will still have to meet all their normal household expenses.

“If people need to borrow the solution is to make sure it’s affordable and from an ethical lender. There are lots of Christmas money tips in Just Credit Union’s ‘Quick Guide to Christmas Money’.

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