Shaw Capital Guide ‘Easy’ Cash Offers Teach Hard Lessons: Warning

Shaw Capital Guide ‘Easy’ Cash Offers Teach Hard Lessons: Warning
Shaw Capital Management and Financing – Warning Advance-Fee Loan Scams: ‘Easy’ Cash
Offers Teach Hard Lessons
Looking for a loan or creditcard but don’tthink you’llqualify? Turned down by a bank because of your
poor credit history?
You may be tempted by ads and websites that guarantee loans or creditcards, regardless of your credit
history.
The catch comes when you apply for the loan or creditcard and find out you have to pay a fee in
advance.
According to the Federal Trade Commission (FTC), the nation’s consumer protection agency,
that could be a tip-off to a rip-off.
If you’re asked to pay a fee for the promise of a loan or creditcard, you
can count on the fact that you’re dealing with a scam artist.
More than likely, you’llget an application, or a
stored value or debit card, instead of the loan or creditcard.