Is "NC EFR 2018 2/NETCREDIT JOHN DOE" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "NC EFR 2018 2/NETCREDIT JOHN DOE"?

NetCredit has been in business since 2012. The company provides a range of financial products, including personal loans and lines of credit. These products are designed to help consumers manage their short-term and long-term financial needs. NetCredit operates online, allowing customers to apply for and manage their loans through a digital platform. The company focuses on offering financial solutions to individuals who may have limited access to traditional lending options.

  • **NC**: Transaction type or financial institution code
  • **EFR**: Transaction description or category
  • **2018**: Year of transaction
  • **2**: Possible reference or batch number
  • **NETCREDIT**: Originating organization or financial institution
  • **JOHN DOE**: Name of the account holder or transaction party
  • Start Tracking Expenses And Avoid Frauds

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.
    Step 1

    Connect your email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.
    Step 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.
    Step 3

    Reconcile

    Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.
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