Borrowing money can cost money.

Borrowing money can cost money.

We all know that borrowing money can cost money. But borrowing money can cost a lot of money, unfortunately several consumers had to experience it firsthand. Some people, especially entrepreneurs, have paid thousands of Euros for taking out a loan, without ever getting 1 cent.

Borrowing money can cost a lot of money, which you should pay attention to when taking out a loan

It seems so logical. Do not pay money to get a loan. Taking out a loan costs you, especially as a private individual with no credit brokers. No costs may be charged for brokerage of a loan.

A loan? What do you have to do?

A loan? What do you have to do?

If you want to take out a loan, it is important to do this with a reliable party. Fortunately there are tools for this. You can in any case check with the regulator (FAM) whether the credit intermediary has a license to mediate a loan. That is at least the minimum to do. Does the mediator not have a license? Then you may be dealing with a rogue provider. If you are nevertheless offered a loan, you can report this to the FAM. In addition, any research on the internet can of course not hurt.

How do the scammers work?

How do the scammers work?

Abusing other people’s problems is of all times. This is no different with borrowing money. Certainly when borrowing money online, the scammers can easily filter out what the consumers are who are desperate enough to steal money. The consumer is often given the impression that the money is almost being transferred. Just a small payment. Once the payment is received, they will try to make you make another payment. Just until you no longer believe it yourself. After that, you will probably no longer get in touch with the “providers” of the loan.

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