Scam Type
Advance Fee Loan Scam
Business Name Used
Acting as: Credible
Date Reported
Oct 25, 2022
Victim Postal Code
78660
Total Dollars Lost
782
Scam Description
I applied for a loan, I was approved by Credible. In order to be accepted I was to take a smaller loan and pay it back for insurance approval purposes. The scammer said they required my online banking credentials to submit the mobile check. Once approved they had me try paying via cash app, then Bitcoin and when those options did not work I had to purchase a Walmart debit card and send the information to the scammer. Once paid back I suspected it could be fraud so I didn’t not follow through with the larger loan. After checking my bank account a few days later I confirmed that it was fraud when my account went negative due to the check they deposited not fully processing.
