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Recommended:
books
Recommended
AV product:
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Loan Scams:
The Angel Fellowship,
PO Box 3906, Las Vegas, NV 89127
Have you received an email or postal letter from PO Box 3906, Las Vegas, NV 89127 at The Angel Fellowship offering you a debt consolidation
loan, student loan, mortgage, small business loans or a great credit card rate?
The rate is incredibly low, they say they need very little documentation and can
get you money fast? It
is probably a scam. The offer and their websites (if they have one) may
even look real, except they will
quickly ask you for personal financial information, social security
number, bank account numbers, in addition to your name, address, phone numbers, etc.
Also see this page on
Scholarship, Student Loan and Financial Aid scams!
Actual scam email (One example - the scammers constantly change
names, dates and addresses!):
can help me? I received a letter from the angel fellowship PO Box 3906 las
vegas NV 89127 is this a legit organization and what should i expect please let
me know if you know of this organization
What to do
The Angel Fellowship appears to be a scam.
A good
rule is, if there is no information about a company on Google, you should be
suspicious.
And
even if the name checks out as belonging to a real company, that doesn’t mean
the letter, email or phone call you received actually come from a real
representative of that company.
I could
take some Disney World letterhead paper from a Disney Hotel and claim to be the
CEO of Disney, and send you that letter – everything would check out, but it
would still be a scam.
Another rule: if
you are receiving a loan, grant, lottery winning or sweepstakes; you should
NEVER send money to
then for administrative fees, taxes, shipping or any other reason. It
would always be taken from the winnings , grant or loan.
We advised the victim to file a police report, call the FBI and
file a complaint with the state attorney general and the Better Business Bureau.
If you paid any money via credit card, contact your credit
card company immediately and ask to dispute the charges (generally they must be
within 60 days). If you paid by Western Union or Money Gram, it is almost
impossible to recover the money.
How do loan scams work?
The scammer sends you an email or letter, or you respond to
an advertisement on tv, radio, newspaper, magazine or online. The ad often
uses the names of large, reputable and well-recognized lenders. To respond to
the advertisement, victims are directed to call a "third-party consultant" who
solicits application information including social security numbers. During this
telephone call, the "loan" is always approved.
The "third-party consultant" then faxes a loan package to the victim, or
directs the victim to a website to enter the information. The
package includes a request for bank account information.
Finally, victims must wire a required advance payment or a deposit through Western
Union or Money Gram to the consultant. The victim never obtains a
loan, and the scammer disappears with the application fees and down payments.
See this page for much more
information about this type of scam.
How to report a loan scam
If you believe you may have fallen victim to this type of scam and wish to
report it, please
Loan Scam names
Other related information
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