Persons facing serious financial difficulties should consider other alternatives or should seek out professional financial advice. This website is not an offer to lend. WhiteRockLoans. com is not a lender and does not make loan or credit decisions.
WhiteRockLoans. com connects interested persons with a lender from its network of approved lenders. WhiteRockLoans. com does not control and is not responsible for the actions or inactions of any lender, is not an agent, representative or broker of any lender, and does not endorse any lender.
If you feel uneasy about a loan you have already signed, within three days after signing you should discuss canceling your loan with a trustworthy financial advisor. (See more information below about the Truth in Lending Act). ADVANCED FEE LOANS The most widely used loan scam is known as an "advance-fee" loan. In 2004, the average advanced-fee loan victim lost 1,560.
The scam involves impersonating legitimate lenders who offer, or sometimes guarantee, approval for a loan regardless of the borrowers credit history. However, to take advantage of the offer, the consumer must pay a fee up front.
The lender then takes off with your personal loans credit score 524 and the loan never comes through. A common strategy for advanced-fee lenders is fraudulent telemarketing schemes, commonly referred to as boiler rooms.
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What can I do to prevent this in the future. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Cloudflare Ray ID: 43ac16e4c40790b3 Your IP : 178.
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