We name and shame the fake loan websites conning Brits away from money

We name and shame the fake loan websites conning Brits away from money

Mum-of-four Sarah Kerr lost ?100 to that loan cost scam when 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 sites will always be real time despite formal warnings that they con individuals out of money in loan cost frauds.

Final thirty days the Financial Conduct Authority (FCA) warned concerning the “growing threat” of loan cost frauds which cost Brits ?3.5million this past year.

Victims are targeted by fraudsters once they search on the internet for a financial loan.

They get texts or email messages 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 payments to “release” the income – but it never comes. (more…)

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