Young people living in Warwickshire have reported being scammed by bogus loan companies that ask for up front fees to arrange loans that never materialise.
Typically, the young person will already have made several unsuccessful online loan applications before being cold called by someone claiming to be able to secure them a loan. The caller than asks for an advanced fee, sometimes paid by bank transfer but even by Amazon or iTunes vouchers! The loan never appears, and the bogus loan company continues to ask for money. Residents have reported losing hundreds of pounds this way. More advice on loan fee fraud
- Make a scam/rogue trader complaint to Trading Standards via Citizens Advice Consumer Service on 03454 040506.
- Warwickshire Trading Standards Website Facebook Twitter
- Sign up to scam alerts at www.warwickshire.gov.uk/scams
- Avoid rogue traders. Use Warwickshire Trading Standards No Rogue Traders Here approved trader scheme
- Please feel free to pass on or re-publish this email alert