If you’ve ever seen a pop-up telling you that your computer is in dire need of antivirus rescue, you’ve come across this scam. Also known asscareware, these fake antivirus ads want you to panic and pay up in order to secure what you believe is the solution to yourmalwarewoes. Som...
Loan fraud can sometimes be difficult to track. Especially if the scammer is operating in a different state or has used a change-of-address scam to get access to your mail.Finally, if an identity thief has used your stolen identity to take out a loan, they could also be using it to ...
Scamming is how many cybercriminals make their living, so no romance scam is complete without a plea for financial help. They’ll usually start out asking for small amounts before trying to get more significant amounts of money. They might request a short-term loan to cover a lost paycheck...
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to earn the victim’s friendship and trust through repeated contact over months or even years. The scammer might even pretend to develop romantic feelings for the victim. The goal is to steal the victim’s money through a fake investment opportunity, a request for a loan or a similar story...
The article offers information on the moves done by loan modification scammers to get more victims in the U.S.SichelmanLewEBSCO_bspMortgage Servicing News
If you’re asked to provide money upfront in exchange for a loan, move on. This is a sign of a scam. Additionally, if a lender will not provide information about all fees associated with the loan, consider it a warning sign the lender may not be honest. ...
No matter what kind of scam is targeting you, always be on the lookout for common red flags. Does it sound too good to be true? Does it make you feel a strong emotion? (Scams often rely on making you feel afraid or threatened, but student loan scams may make you feel hopeful or ex...
You Have Plenty of Time to Pay. Another big problem with payday loans is that you only get a couple of weeks to pay them off in full. Many cash-strapped borrowers can’t manage this, and so they end up rolling over the loan or taking out another one right away. Personal loans give...
What Is a Cash App Scam? Cash App scams involve a scammer tricking a registered user into having money transferred out of their account under false pretenses. These activities are illegal and you need to report any examples of misuse of the service. But it is not always possible to get th...