Although every day we are more familiar with online loans, before applying for your loan it is important that you make sure to do so through a formal company to avoid falling into the hands of scammers.
Today we want to help you recognize the warning signs to identify these scammers. Thus, the next time you apply for a loan online you can rest assured that you are doing it safely.
If you are asked to make advance payments, insurance is a scam.
Formal entities that make loans online will never ask you for cash or make a deposit before disbursing the loan. Although it may be logical, many people fall into these types of traps, as scammers take advantage of the urgency and need that people have at that time. Beware of this!
Your website will be full of SPAM.
Generally, the scammers website will be full of spam (pop-up windows with advertising that doesn’t let you see the content of the page). Another sign that tells you that it is somewhat murky is that they have pages in other languages or poorly translated.
Finally, a scammer’s website generally does not have a security certificate (that is, the figure of a padlock will appear in the top bar where the web address appears, indicating that the site is secure).
They offer you an exaggerated amount of money.
Keep in mind that scammers want to surprise you and to get your attention they will offer you huge amounts of money without any requirement. Keep in mind that no company will lend you a large sum of money without asking for more requirements, checking income or having your credit history checked.
If there is not enough information about the company, insurance is because it does not exist
Before applying for your loan, take the time to research more about the company. Do a search online and make sure you find information like your RUC. It is also important that you make sure that the entity is registered in the SBS Financial Intelligence Unit.
Another tip is to check your social media profiles. A company that has recent activity in its social networks is less likely to be a fake company. You can also see the comments and opinions of other customers.
Although there are scammers looking for new victims, there are also formal companies like Fred Sim, which offer you 100% secure online loans and that comply with security mechanisms and the requirements of a regulated company.