Advance fee loan scams and fraudulent loan sites.
by melanie56 Sun Jul 03, 2011 10:21 am
I was checking for a loan and came across this ad.
I don't quite understand what this website is about and where you try to
apply for a loan there, could this be a scam.
Thanks


getloan.ws Presents - Personal Loans, Debt
Consolidation, Auto Loans, Home Loans. Our
system is too easy. Just fill out our short form
online and within minutes we will start
matching you with the best programs for your
situation. You will get your loans within 24
hours. It is guaranteed. Bad credit is no problem.
Let us Serve YOU!!! For more details :
http://tinyurl.com/3ysekb2
Advertisement

by Bubbles Sun Jul 03, 2011 10:36 pm
Welcome melanie56, we do not recommend businesses directly. We do caution everyone about giving banking details on the internet.

I an confident the application will ask for identifying information. The problem I see is you do not know who will receive that information or where it will go after you complete the form. Personally, I would not be comfortable giving out such information to an unknown person or entity.

I would encourage you to apply for a loan in person with a reputable and known company that tells you where your information will be stored, how it will be used and what rights you have.

If this is legitimate, your information will be shopped around to various lenders and you will get calls from those lenders sales people for many days and at inconvenient times. They will have the right to do this because you have asked for them to find lenders for you.

Bubbles, former Scamwarners moderator.

Rest in Peace 24 June 2015.

Gone, but never forgotten.

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