People have devised all sorts of ways to remove skin tags -- some effective and some not. Regardless, it's better to have a professional examine and remove a skin tag than to treat it on your own. Do-it-yourself skin tag removal might not work or might cause unnecessary pain -- and it could create other risks.
Additionally, skin bumps that have bled or rapidly changed may also need pathologic examination. Most typical small skin tags may be removed without sending tissue for microscopic examination or biopsy. While warts are caused by a virus called human papillomavirus and are known to be very contagious, skin tags are not thought to be caused by HPV. Groin and genital skin lesions resembling skin tags may actually be genital warts or condyloma.