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Jul 6, 2023 · Use the CR scam protection guide to avoid the reach of sophisticated scammers who target you by text, email, social media, QR codes, ATM cards, and more.
Jul 4, 2023 · Consumer Reports tips will help you spot fake online reviews and know whether the reviews you see on e-commerce websites are authentic.
- 'Taking Advantage of The Vulnerable'
- Looking For Options Online
- 'Didn't Make A Lot of Sense'
- 'Really Taking Advantage'
- 'Going on For A Long Time'
- Tips from The Better Business Bureau
The Ontario woman sent the "credit protection" payment — in two instalments — but did not receive the loan or the refund. Her telephone calls weren't answered and the company website has disappeared. "They're despicable. They're taking advantage of the vulnerable," she said. St-Cyr said people "who get scammed need to share their stories." "There's...
Revenue has since plummeted by 75 per cent, he said, while rent and overhead are constant. He's approached his bank for funding and is hoping for government assistance on rent, but said he also researched lending options online to help him cover three months' rent, or about $15,000. "It's the age of the internet, and I get all these emails," said T...
Tremaine said he became skeptical right away. "It didn't make a lot of sense to me," he said. "And that was the end of the conversation." Tremaine did not sign up for the loan and instead called the BBB. CBC examined the contracts from Belford Capital Service and First Capital Canada, and it appears the two entities are related or the same. The con...
"I didn't realise it was so young. Wow!" said Tremaine. "These people are really taking advantage of the situation." CBC attempted to contact both companies. Belford Capital Services was unreachable. First Capital Canada hung up twice and did not respond to an email inquiry. If consumers can determine when a website offering loans is created, it co...
Still, tracking down the physical locations of these companies isn't easy, said St-Cyr, because they often use virtual offices. "This scam has been going on for a long time," St-Cyr said of companies offering advance fee loans. The BBB regularly charts and investigates such consumer complaints and has noticed an uptick. "We are receiving calls ever...
Any upfront fee to pay before getting a loan is a "cue to walk away."Beware of loan guarantees before you submit any documentation.Payments like e-transfers or wire transfers or bitcoin or payments to an individual are a "tip-off" to fraudulent activity.Be suspicious of offers that tout lower interest rates — even if you have a bad credit score.Oct 13, 2021 · “Fake reviews and other forms of deceptive endorsements cheat consumers and undercut honest businesses,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection. “Advertisers will pay a price if they engage in these deceptive practices.”
As a consumer, the key is knowing when to pass on a product by recognizing red flags in phony reviews. Most online shoppers read reviews. But how do you know if they are real or fake?
Mar 7, 2024 · 20 Online Scams to Watch Out For. Unfortunately, that text is not from a company that wants to send you free money. It’s just another phishing scheme — we checked.
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Dec 2, 2019 · Consumer Reports asks, Are you sick of companies giving you bad customer service when you have a problem with billing or product performance? Learn how to get your complaints taken seriously...
