Lost your money in Loan scams, looking for help: contact us to our Fund recovery experts - PowerPoint PPT Presentation

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Lost your money in Loan scams, looking for help: contact us to our Fund recovery experts

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Did you lose money to a Loan scam? Reach our expert team We can help to get your funds back in 120 working days – PowerPoint PPT presentation

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Title: Lost your money in Loan scams, looking for help: contact us to our Fund recovery experts


1
Loan Scam
  • Financial Fund Recovery

2
Some of the Preventive measures and guidelines to
avoid Loan Scams
Loan Scams are typically identified through
high-pressure fraudulent techniques used during
the fraud. Although, among many genuine loan
providing firms, there are also some of the
fraudulent niches existing. A scammer claiming to
be a loan provider and which offers false loan
simulations are considered to be Loan Scams.
Also, scammers often hook their targets by
providing substantial promises that do not meet
in reality, or by hiding the actual loan
facilities while bestowing.
3
How to avoid Loan Scams?
  • Avoid downloading any loan providing app that is
    not available on the authentic marketplaces.
  • Do not acquire loans from the organizations that
    are not affiliated with the authorities,
    officials, or other regulatory
  • NBFCs.
  • If you are seeking to apply for a loan online,
    check the website of the respective association
    if it conducts
  • legitimate URLs or trademarks according to the
    descriptions.

4
  • Avoid the loan application that claims to offer
    0 interest rates, because every legitimate loan
    providing company acquires 5 to 8 of
  • interest rate on any sort of loan.
  • Refrain from providing sensitive information
    including personal financial details as scammers
    use these details for conducting fraudulent
  • activities.
  • Do not acknowledge such applications that do not
    require any documentation or background check
    while providing a loan.
  • Avoid loan applications that do not have
    comprehensive terms and
  • conditions and fees listed as per the
    authorities, since it could indicate loan scams.

5
How to protect yourself from Loan Scams?
  • Make sure that the lender or loan provider is
    associated with the regulatory bodies or
    authorities following the authentic
  • regulatory protocols while providing loan
    sanctions.
  • Before securing a deal, find out the exact market
    interest rate for the category in which you
    acquire the loan, and make sure that
  • you are being charged in the limit by the lender
    or loan provider.
  • Ensure that the lender or loan provider has a
    commonly available dedicated outrage rectifying
    system or customer helpline in place, so that if
    there is any issue in the procedure you can
  • resolve it by connecting with them.

6
  • Scrutinize if the lender or loan provider
    acquires positive reviews and rating, and also
    check if there is any
  • negative media coverage about their past
    services.
  • Ensure that there is full transparency about the
    fees, policies, interest rates, thorough EMI and
    repayment
  • amount and other things.
  • Make sure the lenders provide a degree of
    protection to borrowers and mobility in terms
    of repayment and
  • default course of action.

7
Conclusion
When it comes to borrowing money from any source,
the main thing you should keep in mind when
surveying for a loan or changing upon an offer
is that if it seems too good to be true, it is
likely. For example, unrealistically, suppose a
person claiming to be a lender provides
low-interest rates. In that case, additional
offers to sugarcoat the deal, zero due diligence
on the lender's part, etc., are meant to be
considered as red flags that you should carefully
contemplate before choosing any loan option.
However, determining a lender or loan service
provider based on accurate and substantial
research and ensuring they are in obedience to
regulatory bodies, and obtaining practice with
full proof is another way to ensure a smooth and
hassle-free process during the time loan
concedes.
8
About Us
Loan Scams have increased and have been
recognized to be scary lately. Fraudsters trick
innocent people in by proclaiming them the
services they require in return for uprooting the
victim's personal as well as financial
information to use it in fraudulent activities
further. Although the internet has surged
worldwide, and you can acquire any information,
the surge of technology has also given scammers
an upper hand to defraud people by knowing their
requirements. However, to learn about the
strategies and techniques to overcome these
inconveniences during the time of acquiring a
home loan or different other loans that claim to
be genuine in the market, you can connect with
Financial Fund Recovery. Financial Fund Recovery
is a financial pioneer that leads the way to
effortless recovery solutions and safer market
access. They also embark on the process of
successfully regaining your money while creating
awareness of the widespread scams that are
present lately. In addition, we have onboard
certified experts that will handle your
financial matters with transparency,
strategizing, and minimal time consumption.
9
THANK YOU
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