Scams to Avoid When Looking for an Urgent Cash Loan
The payments might be requested via cryptocurrency, wire transfer, or gift cards. A legitimate money lender will never ask for this types of fees, or this type of payment methods. As soon as you are asked to pay a fee, before signing anything, or even receiving the loan, you should know that it’s a scam. The money you pay on the fee will be lost, and there is nothing you can do. They might also ask for sensitive information, such as NRIC number, bank account information, credit card number, or SingPass details. They will say that they need these information to verify your eligibility, but that is just part of the scam.
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