Financial & Investment Scams

Advance-Fee Loan Scam

What is this scam?

Upfront fees for loans or credit fixes that never materialize.

Warning Signs

  • Guaranteed loan approvals, requests for upfront fees, poor credit accepted, pressure to decide quickly

What to Do

  • Legitimate lenders don't guarantee loans or charge upfront fees. Check with FTC.gov. Consult your bank. Be wary of guaranteed approvals.

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