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6th September
2020
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We name and shame the fake loan websites conning Brits away from money

Mum-of-four Sarah Kerr lost ?100 to that loan charge scam whenever she tired to borrow funds for urgent repairs to her automobile

  • Rosie Taylor
  • 18 Might 2018, 7:00
  • Updated: 18 Might 2018, 12:54
  • Rosie Taylor
  • Invalid Date,

FAKE lending internet sites are still real time despite formal warnings that they con people out of money in loan charge frauds.

Final thirty days the Financial Conduct Authority (FCA) warned in regards to the threat that is”growing of loan cost frauds which cost Brits ?3.5million a year ago.

Victims are targeted by fraudsters once they do some searching online for a loan.

They get texts or e-mails telling them they’ve been authorized but must spend an admin cost to begin between ?25 and ?450.

They have been then persuaded to produce other re re payments to “release” the cash – but it never ever comes. (more…)