Beware of loan scams!

Anonymous | 01 May 2021

Loan Scam

I've recently fallen into a loan scam, came across this SMS ads and i wanted to take a loan for my credit card bills, i tired communicating with the scammer and they reassure me that this is a legit company source which they provided me with company details (credi? hu? capita?) and even forged their company letter head for me to endorse the agreement. This whole incident happened on the 29th april and within an hour i've lost more than $3,500. Please avoid contacting such organisation & I hope that everyone in need of money will visit an actual loan agency to prevent themselves from getting scammed 


Editor's Note: Please note that unlicensed moneylenders can impersonate as licensed moneylenders by creating fake websites using their details. Licensed moneylenders are not allowed to put up advertisements online (including social media), SMS or messaging apps. Please contact licensed moneylenders via the contact details and visiting only the websites found in this list: https://rom.mlaw.gov.sg/files/ML%20Lists/ML%20List%20as%20at%2001March2021.pdf.

Licensed moneylenders are not allowed to approve loans remotely.