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Posts Tagged ' HowToAvoidScams'

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BBB Warns of Rise in Loan Processing Phishing Scams

The Better Business Bureau (BBB) is warning consumers about a rise in loan processing phishing scams. They have received over 1,500 reports through their Scam Tracker system from individuals who received calls or voicemails from people pretending to be loan company agents according from The Better Business Bureau. These scammers pressure victims into sharing personal or financial information, often claiming they need to “finalize” a loan application.

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