Personal loan scams occur when fraudsters pose as a fake loan company to get your money and personal information. These schemes are more prevalent than you may think. Check Out: 5 Subtly Genius Moves ...

If you fall victim to a loan scam, report it to local police, the Federal Trade Commission and your bank. Personal loan scams can devastate your bank account or compromise your identity.

When you’re in desperate need of cash and unsure how to identify legitimate lenders, it can be easy to fall for a personal loan scam. Consumers reported 99,667 cases of identity theft in 2020 ...

3. Excessive Loan Costs . Many of the loan costs are fixed no matter how much you borrow. For a larger mortgage, expect the closing costs of your mortgage to be between 2% and 5%.

If you're a small business owner and received a Paycheck Protection Program loan, or PPP loan for short, during the pandemic, there's a new scam you should be aware of.

Giving you too much information. A key sign that an offer on your house is a scam designed to extract money from you is a deluge of contacts and information.Scammers will often send you reams of ...

Under the rules, 15% of Social Security benefits could be used to offset federal student loans that are in default. On the plus side, up to $750 of monthly Social Security benefits are protected.

A scam call claims your ID has been compromised. How to check for free. You can always check your credit report to know if there has been a loan applied for in your name ... P.O. Box 9554 Allen ...

(WXIN/WTTV) – With collection agencies once again going after student loan debt, it’s important to avoid crooks offering to help you with your loans. You need to be on the lookout for slick ...

Watch out for student loan scams as collections resume: ‘Scammers see opportunities,' expert says By Kamaron McNair, CNBC • Published May 9, 2025 • Updated on May 9, 2025 at 11:36 am BOOKMARKER ...