1. False loan advertisements: fraudsters will post false loan advertisements on social media or other websites, promising low-interest loans or obtaining loans without credit records.
2. Fake banks or financial institutions: They will pretend to be banks or financial institutions to deceive applicants to provide personal information and conduct fraud by mail, SMS or telephone.
3. Pay first and then lend: This kind of scam usually involves paying "handling fee", "insurance premium" or "deposit" to the fraudulent organization, which usually needs to be paid by bank transfer or remittance. Once you pay these fees, the fraud organization will disappear or refuse to provide loans.
4. High penalty interest: Some non-performing loan companies may require borrowers to bear high penalty interest, which is usually hidden in the contract.
In order to avoid becoming a victim of loan fraud in Suzhou, please pay attention to the following points:
1. Choose lending institutions carefully and try to choose well-known banks or financial institutions.
Don't believe false advertisements or unconfirmed information.
3. Don't disclose personal information to any unknown institution or individual.
4. Before signing the contract, you must read and understand the terms of the contract, especially the interest rate, repayment period, penalty interest, etc.
Don't pay fees or deposits in advance, which is usually one of the signs of fraud.
In a word, being cautious in applying for loans and being vigilant can avoid becoming a victim of loan fraud in Suzhou. If you think you may have been cheated, please contact the local police immediately for help.