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FTC Offers Tips for Identifying Advance-Fee Loan Scams

When you have money troubles, you’re often willing to take chances you wouldn’t otherwise take. Unfortunately, scammers know this. That’s why many scammers feed on consumers with significant debts.

If you see an ad for a lender that promises to loan you money or give you a credit card and the terms seem too good to be true, proceed carefully! The Federal Trade Commission provides a list of red flags that can indicate the lender may not be legitimate:

If you are in a financial bind, you may need to file a Chapter 7 bankruptcy in order to wipe out your debts and start fresh. Call an experienced Chula Vista bankruptcy attorney at 619-458-3739 for more information. Let us help you put your mind at ease.