As we reported, robocalls went up in 2021. If you’ve received any bot calls at all this year, there’s a good chance you’re aware of one type of scam phone message: car warranty fraud.
RoboKiller — which creates an app that blocks spam calls and messages — says the car warranty robocall is set to become the largest phone ever tracked.
Not only has the car warranty scam already surpassed the top scams since 2020 — which were related to Social Security and the IRS — but the car warranty robocall is now twice the size of the next largest type of scam.
How bad is the problem? RoboKiller states in its report that:
“It is statistically possible that every smartphone owner in the United States will have received more than one car warranty scam by the end of 2021. Often viewed on social media as a related phone scam that everyone receives, the private robocall is expected to become Car warranty is the biggest phone scam since RoboKiller started monitoring robocall trends in 2017.”
RoboKiller says car warranty scams targeting car owners are becoming more prevalent “with more people willing to return to their commute or hold on to their current vehicle for longer than expected in the face of a shortage of new cars.”
Other call scams – related to bank verification and account login – are expected to increase by 50% this year.
Overall, trapped American phone owners are expected to receive 157 billion unwanted calls and text messages in 2021. Based on trends so far, spam is expected to cost consumers $716 million.
If automated calls are testing your last rational line, resist. There are steps you can take to reduce the losses from this pest. For more information, check out “8 Easy Ways You Can Stop Bot Calls.”
Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click on links in our Stories.