Loan Scams Lawrence Park

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Posted on February 24, 2019 at 21:14 PM

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Student Loan Scams | St. Lawrence FCU -
2) Student loan consolidation scam In this scenario, a student loan company will promise to consolidate your loans and lower your monthly payments, all for a fee. Here’s your clue that this is a scam: Though some institutions can refinance student loans, only the federal government has the power to consolidate it.
7 Signs Of A Personal Loan Scam |
The good news is that loan scams raise a number of unmistakable red flags. Here’s what you need to know to recognize the fakes and frauds a mile away. Signs the lender may be a scammer.
8 warning signs of a personal loan scam |
8 signs of a personal loan scam. 1. No credit check required. Most legitimate lenders will check your credit to determine if you’re able to repay them: A high score means you repay your debts in full and on time. If a lender isn’t interested in seeing your credit score, be wary.

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