How to avoid being a victim of a business loan scam? - PowerPoint PPT Presentation

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How to avoid being a victim of a business loan scam?

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In order to stop fraud, you need to spot one early. Although financial institutions have been issuing warnings to their customers, many people are still ignorant of how these scamsters work. Hence, in this blog, we take a deep dive into how scammers trick people into sharing sensitive information, how to spot the early signs of fraudulent behaviour and how to identify a genuine lender. – PowerPoint PPT presentation

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Title: How to avoid being a victim of a business loan scam?


1
This is Your Presentation Title
How to avoid being a victim of a business loan
scam?
2
Various forms of business loan scams
3
Loan moratorium fraud
  • Scammers seek personal information to extend the
    moratorium period.

4
Instant loan fraud
  • By targeting desperate borrowers, scammers demand
    fees in exchange for the promise of an instant
    loan.

5
Guaranteed approval
  • By side lining mandatory eligibility criteria,
    scammers dupe customers by promising guaranteed
    loan approval.

6
Online phishing frauds
  • By sending fake website links to your mail,
    fraudsters seek your personal details.

7
  • How to differentiate between fake and genuine
    offers?

8
Genuine lenders never
  • Ask you for service fees.
  • Provide loans over the phone or seek information
    over a call.
  • Guarantee a loan without evaluating your profile.
  • Call you frequently, and they always use a
    generic email address.

9
Things to remember to prevent being a victim of a
business loan scam
10
  • Always ask the caller to share their complete
    details.
  • Check if the company website starts with https//.
  • Compare the offer with different lenders.

11
  • Apart from being aware of business loan scams,
    you need to be cautious always.

12
Thanks!
Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi -
110057
Tel 18001024145
Email corporate_at_herofincorp.com
Website https//www.herofincorp.com/
Know More How To Protect Yourself Against
Business Loan Scams
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