How to avoid being a victim of a business loan scam? PowerPoint PPT Presentation

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Title: How to avoid being a victim of a business loan scam?


1
This is Your Presentation Title
How to avoid being a victim of a business loan
scam?
2
Various forms of business loan scams
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Loan moratorium fraud
  • Scammers seek personal information to extend the
    moratorium period.

4
Instant loan fraud
  • By targeting desperate borrowers, scammers demand
    fees in exchange for the promise of an instant
    loan.

5
Guaranteed approval
  • By side lining mandatory eligibility criteria,
    scammers dupe customers by promising guaranteed
    loan approval.

6
Online phishing frauds
  • By sending fake website links to your mail,
    fraudsters seek your personal details.

7
  • How to differentiate between fake and genuine
    offers?

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Genuine lenders never
  • Ask you for service fees.
  • Provide loans over the phone or seek information
    over a call.
  • Guarantee a loan without evaluating your profile.
  • Call you frequently, and they always use a
    generic email address.

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Things to remember to prevent being a victim of a
business loan scam
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  • Always ask the caller to share their complete
    details.
  • Check if the company website starts with https//.
  • Compare the offer with different lenders.

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  • Apart from being aware of business loan scams,
    you need to be cautious always.

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Thanks!
Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi -
110057
Tel 18001024145
Email corporate_at_herofincorp.com
Website https//www.herofincorp.com/
Know More How To Protect Yourself Against
Business Loan Scams
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