The Grand Junction Police Department wants to warn you about a new credit scam it says is targeting Grand Valley residents.
Officials say scammers pretending to work for credit card companies are calling residents, offering to lower their interest rates.
Police say in most cases, the caller will ask you personal questions for "verification purposes" and will not give you information on who they are or where they are located.
Officials say you should never give your personal information over the phone, and either hang up on the caller or ask them to mail you an application so you can inspect it carefully.
They say you should also watch out for phrases like "this interest rate is a one time offer," and be weary of caller ID numbers that only say Mastercard / Visa with no specific company name.
Officials say you do not need to call police regarding the scam, unless you think you're a victim of identity theft.