1 / 3

Indian Money Reviews Complaints About Different Car Loan Scams

Are you a victim of car loan fraud in Bangalore? Let others know issues you faced so that they can avoid falling in the same trap.<br>Types of Car Loan Scams<br>• Guaranteed approval: As per Indian Money reviews, there is no such thing as a guaranteed loan. Any lender will first run a credit check before approving the loan. So, if you have a bad credit score, your car loan will not be sanctioned.<br>• Upfront payment: According to IndianMoney dot com review, some dealers may ask for upfront fees. The lender lures the customer to pay a fee before the application is processed or before the funds are disbursed. This type of scam typically takes place online.<br>• Packaging payments: As per consumer IndianMoney complaints, the dealer in this case tries to gain some extra profit by charging for packaging payments. There are certain accessories or customizations that are offered as added benefits along with the car. A dealer sometimes rips money from the customer to earn extra cash.<br>• Loan modification scam: A loan modification scam happens after a buyer avails a loan and struggles to make payments. Fraudsters promise to save you from foreclosure and demand money for the same.<br>Loan modification scams:<br>This is a type of scam where the scammers target people who have loans or debt problems. Car loan modification scams are schemes where the scammers target your money by making false promises of saving you from foreclosure or guiding you to pre-closure. According to Indianmoney.com review, the scammers can ask for the following:<br>• Ask you to pay high fees upfront to receive services.<br>• Promise to get you a loan modification.<br>• Ask you to sign the title to your property.<br>• Ask you to sign papers that you do not understand.<br>• Say you should start making payments to someone other than your servicer or lender.<br>• Ask you to stop making car loan payments altogether.<br>https://www.facebook.com/IndianMoneycom/<br>https://www.owler.com/company/indianmoney<br>https://in.linkedin.com/company/indianmoney-com<br>https://indianmoney.com<br>contact@indianmoney.com<br>08042687207<br>

shashir
Download Presentation

Indian Money Reviews Complaints About Different Car Loan Scams

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Indian Money Reviews Complaints About Different Car Loan Scams Are you a victim of car loan fraud in Bangalore? Let others know issues you faced so that they can avoid falling in the same trap. Types of Car Loan Scams  Guaranteed approval: As per Indian Money reviews, there is no such thing as a guaranteed loan. Any lender will first run a credit check before approving the loan. So, if you have a bad credit score, your car loan will not be sanctioned. Upfront payment: According to IndianMoney dot com review, some dealers may ask for upfront fees. The lender lures the customer to pay a fee before the application is processed or before the funds are disbursed. This type of scam typically takes place online. Packaging payments: As per consumer IndianMoney complaints, the dealer in this case tries to gain some extra profit by charging for packaging payments. There are certain accessories or customizations that are offered as added benefits along with the car. A dealer sometimes rips money from the customer to earn extra cash. Loan modification scam: A loan modification scam happens after a buyer avails a loan and struggles to make payments. Fraudsters promise to save you from foreclosure and demand money for the same.    Loan modification scams: This is a type of scam where the scammers target people who have loans or debt problems. Car loan modification scams are schemes where the scammers target your money by making false promises of saving you from foreclosure or guiding you to pre-closure. According to Indianmoney.com review, the scammers can ask for the following:       Ask you to pay high fees upfront to receive services. Promise to get you a loan modification. Ask you to sign the title to your property. Ask you to sign papers that you do not understand. Say you should start making payments to someone other than your servicer or lender. Ask you to stop making car loan payments altogether. https://www.facebook.com/IndianMoneycom/ https://www.owler.com/company/indianmoney https://in.linkedin.com/company/indianmoney-com https://indianmoney.com contact@indianmoney.com 08042687207

More Related