Here’s a list of advance fee business loan lenders. Most will claim to be legit and rated by the BBB. This is the reason why the BBB tells people not to answer robocalls. Their members are the scammers. The legality of advance fee loans seems to vary by state. Florida continues to have trouble enforcing and regulating them.
If you call be ready with info on your business. They will ask for your email to send you a loan application and request your bank statements.
The calls originate from robocalls and telemarketing calls to a cell phone in violation of the do not call list and FTC regulation. Give the operator your fake business information and see how it spreads via email and phone. Once you get transferred to the specialist they will ask for your email and send you a loan application. I have never opened that application because who knows if it is a virus or not. You can find it online, too. Sometimes they will offer to fill out the application with you on the phone. They also request your last 3 months of bank statements. They want your ssn and lots of other data.
Reasons it is a scam:
1. You are told you qualify for the loan with a fake name and business.
2. They ask stupid questions like is your credit score good and have you filed bankruptcy? And take your word on your answer.
3. They do not answer questions about their business information, nor transfer you to a manager, and are quick to tell you off or hang up. Does that sound like customer service from a real bank?
Don’t use your real number. They did retaliate on me by giving my phone number and (fake) email to a moving company… I doubt they would go to the authorities, but they are American and react differently than foreign scammers. Again, they deny they are scammers because they don’t make the calls, the lead generators do. I am looking for a definitive link from the lenders & lead generators to the other scams and to the BBB and the initial source of the calls. These lenders repeatedly call me and have now started texting me… after I gave them fake business information and told them to F— off. So they do harass me. The government and BBB are aware of these companies and scams and businesses and do nothing. They tell you to hang up.