Ask the Dolans: Is this loan a scam?
Filed under: Borrowing, Fraud, Identity Theft
Ken and Daria Dolan, America's First Family of Personal Finance, answer your money questions every Friday.
Click here to ask Ken and Daria your question.
In a down economy, there is one thing you can bet will be up: scams. It is more important than ever to be aware and double check every offer that comes your way. The most dangerous rip-offs are designed to look like legitimate deals, when really all you will get is cheated out of your hard-earned money. Here's a look at how to tell if you're getting scammed and what you can do to protect yourself.
Dear Ken and Daria,
I was offered a loan with a $300 fee. But the paperwork only required a signature and I was approved. Is this a scam?
-Mary Anne
Worried you could become a victim of a scam? Ken and Daria share common "can't miss" money deals to avoid at all costs, exclusively at Dolans.com.
Click here to ask Ken and Daria your question.
In a down economy, there is one thing you can bet will be up: scams. It is more important than ever to be aware and double check every offer that comes your way. The most dangerous rip-offs are designed to look like legitimate deals, when really all you will get is cheated out of your hard-earned money. Here's a look at how to tell if you're getting scammed and what you can do to protect yourself.
Dear Ken and Daria,
I was offered a loan with a $300 fee. But the paperwork only required a signature and I was approved. Is this a scam?
-Mary Anne
Worried you could become a victim of a scam? Ken and Daria share common "can't miss" money deals to avoid at all costs, exclusively at Dolans.com.
Reader Comments (Page 1 of 1)
2-12-2009 @ 1:08AM
ramin said...
when will these so called experts understand that so called "credit" is not even a factor anymore in lending. Impeccable credit is just a pre-requisite to obtain loans today, there is so much more than that involved specifically your income. I'm sick of so many homeowner's being told they can get a loan because they have a 730 credit score, to only come back and be denied.
Reply
2-18-2009 @ 5:12AM
paydayadvances said...
You would prefer a loan that is just enough to help you get through till your next paycheck. Such an option could be payday advances.
http://thepaydayadvances.blogspot.com/
Reply