Scam Type
Advance Fee Loan Scam
Business Name Used
Advance Fee Loan – Business Funding Scam
Date Reported
November 17, 2023
Postal Code
30189
Total Dollars Lost
$ 0
Scam Description
The lender reached out to me several times, telling me I qualified for a loan and that I just needed to submit three months of bank statements to get approved for a business loan. They then asked for my EIN, after which they went silent. When I told them it felt suspicious and I’d be reporting the company, they contacted me and said they’d tried to reach me but it wasn’t going through. Then they said they couldn’t make a decision and suggested waiting a couple of days for my balance to decrease so they could offer a prime rate.
