Is "SPOTLOAN DEBIT" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "SPOTLOAN DEBIT"?

WSDOT Good To Go! is a service provided by the Washington State Department of Transportation. It has been in operation since 2005. The service offers electronic tolling options for users traveling on various toll roads, bridges, and tunnels within the state of Washington. The primary product offered is the Good To Go! pass, which allows users to automatically pay tolls without stopping, providing a more efficient travel experience. The service also includes account management options, where users can monitor and manage their toll usage and payments online.

SPOTLOAN: name of the company or entity

DEBIT: type of transaction (in this case, a debit)

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.