Loanfinder.co.uk Scam
Although the internet is a great resource for all kinds of information and shopping, there are sadly, also companies online who try and scam people. Recently, websites who have been scamming festival goers have been brought to public attention. These sites are basically fake ticket websites, and have defrauded thousands of people who believed they were buying tickets to events such as festivals and concerts, at bargain prices.
While these are thankfully rare, it's worth knowing that fake websites do exist. However, even when a website is not fake, the company behind it may not be offering a reputable service. For example, there are numerous online loan brokers who advertise loans for an upfront fee, and then fail to deliver. A loanfinder.co.uk scam applies to those companies who are not interested in providing a service, but merely take advantage by charging upfront fees. For example, information found online about a loanfinder.co.uk scam, applies to online companies who are offering a loan broking service for an upfront fee, and then failing to deliver. Make sure that you're not caught out by a scam company who are only interested in your money, and not interested in providing a service. To protect yourself, make sure of the following:
Be wary of a guaranteed amount
The loan amount will always be determined by the lender, not a broker. Avoid any broker that says otherwise.
Steer clear of guaranteed timescales
Never trust a broker that guarantees when a payment is going to be made. This can only be set by the lender themselves.
Don't pay a non-independent broker
You want the best option for you. By paying a non-independent broker, you are likely to get a loan that's best for the broker, not for you.
Always give your correct contact details
Always make sure that your broker has your correct contact details. Otherwise you may pay for a service you never received.