Business offers strategies for avoiding loan that is payday commercial collection agency frauds
SPARTANBURG, S.C. , Sept. 7, 2016 /PRNewswire-USNewswire/ — Advance America, a nationwide provider of payday loans as well as other economic solutions, has become alert to a brand new revolution of frauds focusing on customers in sc . These scam designers, posing as Advance America representatives to gather cash from naive customers, come in no real method associated with the organization.
In the last couple weeks, in specific, scammers have contacted sc residents claiming them to acquire a prepaid debit card or cable cash as a “processing cost” or “good faith deposit. that they have been pre-approved for a financial loan, after which asking” In other situations, scammers look for to get on “unpaid” pay day loan financial obligation, usually threatening arrest or appropriate action or demanding individual economic information on the phone.
“Scammers usually make use of the trustworthiness of a genuine, respected company to con victims from their cash,” stated Patrick O’Shaughnessy , president and CEO of Advance America. “Legitimate payday loan providers such as for instance Advance America are very controlled at both their state and level that is federal won’t ever utilize the style of fraudulent and unlawful techniques used by scam musicians.”
Advance America urges customers to recognize the caution signs and symptoms of monetary fraud and follow these strategies for avoiding cash advance and business collection agencies frauds.