Signs You’re Signing Up For A Business L...

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Signs You’re Signing Up For A Business Loan Scam

With phishing scams costing businesses half a billion dollars per year, there’s no denying that the threat is real. Social engineers, as these fraudsters are called, take their time in developing a believable persona and ensure they have enough information to convince the business owner or their staff that they are legitimate. Businesses are always looking for different ways to finance startup, growth, or expansion in a business and therefore become soft targets. When viewing things in hindsight, however, businesses agree that there are a few telltale signs that should have alerted them to the potential fraud. Discover these signs and how to circumvent them. Beware The Upfront Fee Legitimate financial institutions will include their loan fee in the contract agreement and this is payable over a period of time. The consumer has the choice to pay this upfront, but it shouldn’t be a requirement or condition of the loan. Those who insist on the upfront fee are operating a scam ...

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    • With phishing scams costing businesses half a billion dollars per year, there’s no denying that the threat is real. Social engineers, as these fraudsters are called, take their time in developing a believable persona and ensure they have ...

      Signs You’re Signing Up For A Business Loan Scam

      August 16, 2018
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      Why Do We Need Inventory Management Software?

      July 25, 2018
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      5 Ways Indicating Real Estate Can Be Your Smartest Investment

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      Small Bits Add Up: 10 Ways To Earn Bitcoin Online

      July 23, 2018
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Signs You’re Signing Up For A Business Loan Scam

With phishing scams costing businesses half a billion dollars per year, there’s no denying that the threat is real. Social engineers, as these fraudsters are called, take their time in developing a believable persona and ensure they have enough information to convince the business owner or their staff that they are legitimate. Businesses are always looking for different ways to finance startup, growth, or expansion in a business and therefore become soft targets. When viewing things in ...
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