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Quick 247 Loans One Of Many Scams
If you are looking to apply for a personal loan, I would urge anybody to think extremely hard about paying any fees upfront.
Dishonest Loan companies have been demanding a fee upfront for loans, once the fee has been paid into their accounts the loan will very rarely materialise. According to the Citizens Advice Bureau lots of people are being scammed out of money by these conmen.
This is becomming more of an occurrence as loans have become less readily available since the credit crunch. The people who are mainly targeted by these dishonest loan companies are the people who can least afford to lose money i.e. People with a bad credit score or people who are on a low income and would struggle to find a loan anywhere else.
The latest of these is a company trading from the website quick247loan.co.uk. They are demanding that the applicant makes the first months payment upfront by paying money into their bank account before they can release the funds.
These people are using the credentials of a trusted and respectable online loans broker so that they can add credibility to their company. This is being displayed on their website along with their loan agreement form.
This Company is clearly trading without a legitimate consumer Credit Licence or Data Protection; or it would not be publishing the details of one of the most valued loan Brokers on the internet, Interfinancial Limited.
Once the victims of this scam have sent their money off to the scammers, it is unfortunate that they find it impossible to get their money back.
Stuart Pike of Interfinancial Limited commented I would urge anybody that is thinking of taking out a loan not to pay a fee upfront in order for their loan to be processed. These criminals are of the lowest form, they are preying on people who are unable to afford to be conned out of money.
He also said "Changes need to be made to legislation bringing in tougher penalties for these people, it appears that more and more of them are giving their companies names that sound like well know or respected brokers in order to add credibility."
He also added Sadly when trying to report such scams I was surprised at how disinterested the government bodies appear to be. Until the Office of Fair Trading, Trading Standards or the police start to take action on this situation the problem will not get any better.
Apply online for a safe loan with an honest and trustworthy broker today!
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