Be cautious of any personal loan offers you find online and avoid falling for what is known as the – “Advance Fee Loan Scam” fraud.
According to a slew of recent complaints, Assurance Financial Services has been offering these small personal loans on their website. But these loan offers are nothing more than a fraud [...]
ConsumerAffairs.com has also received a number of complaints about debt settlement companies. Kathleen, of Tollhouse, California, reported last November she had problems dealing with a company called Guardian Credit Solution. “We paid them $4490.00 to do a loan modification, which they never did,” she told ConsumerAffairs.com.
ALWAYS look a company up on the Better Business Bureau [...]
Beware of fraudulent loan advertisements using official financial institution logos.
Advertisements for the fake loans appear in smaller-market and community newspapers and offer mortgage, small business, debt consolidation or other loans. The scam uses the credibility of the financial institution’s logo to induce consumers to apply. To respond to the advertisement, victims call a ‘third-party consultant’ [...]
ConsumerAffairs.com has also received a number of complaints about debt settlement companies. Kathleen, of Tollhouse, California, reported last November she had problems dealing with a company called Guardian Credit Solution. “We paid them $4490.00 to do a loan modification, which they never did,” she told ConsumerAffairs.com.
ALWAYS look a company up on the Better Business Bureau [...]