Tag Archives: scams

 

Oct11

Don’t Get Scammed by a Bad Credit LoanLearn How to Distinguish Financial Predators From Legit Lenders and Loan Companies

Don’t Get Scammed by a Bad Credit Loan

Posted: October 11, 2013 by Rachel Shepard

Like many people these days, you may be trying hard to do the right thing and pay your bills, but find that you are struggling and your debt load keeps growing. You know that one missed payment will bring your house of cards crashing down and you don’t want that. In conjunction with this, perhaps you have noticed various offers for bad credit loans out there and thought to yourself, this could be a way out.

Be careful, though. In these economic times, financial predators are lurking around every corner and they want your hard-earned cash. The trick is learning how to distinguish scam operators from legitimate bad credit loan companies and lenders.

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Aug07

Wire Transfer ScamsWhere Are You Sending Your Money?

Wire Transfer Scams

Posted: August 7, 2012 by Rachel Shepard

How nice is it to enjoy a little TV after a delicious dinner and a hard day’s work? Now imagine you receive an unexpected phone call during the commercial break. It’s from a number you don’t recognize, but you answer it anyway. Someone on the other end begins accusing you of reneging on debts, or tells you a sob story about someone in your family needing money immediately, or informs you that they can provide you with just the help you’ve been looking for if you’ll just provide a small processing fee.

Whatever the line may be, the result tends to be the same: You need to send us money right now if you want to be OK.

What would you do? For many unfortunate victims of wire transfer scams, they send the money. It’s difficult to deal with the sudden pressure, and often aggressive manner, of a surprise caller. You end up trying to solve the problem just to get out of trouble…when you should really ask yourself if the phone call itself is what’s wrong.

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