Is "Changed Inc CREDIT XXXXXXXXXXX" fraud?

Written by Lily Tran

June 18th, 2024

Medium Risk

What is "Changed Inc CREDIT XXXXXXXXXXX"?

Changed Inc. has been in business since 2017. The company specializes in providing financial management services, including tools for debt repayment and personal budgeting. The primary product of Changed Inc. is an app designed to help users automate their student loan payments through a system of micro-payments. The company also offers additional features such as goal tracking and financial education resources.

**Changed Inc: ** Payee or originator of the transaction

**CREDIT: ** Type of transaction (credit indicates money coming into the account)

**XXXXXXXXXXX: ** Unique transaction reference number or identifier

Verify if this transaction is fraud in 30 seconds

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.