PSA: Loan Scam
Toward the end of 2016, we became aware that the number of loan scams was increasing and our company, loanscanada.ca, was being implicated in the worst possible way. Fraudulent loan companies were posing as “Loans Canada” by using our name to scam consumers. We put out this article, informed… Read More
Beware of Fake Lenders Posing as “Loans Canada”
It has come to our attention that certain companies, operating under several names, have been posing as a loan referral service. After a consumer has submitted an application with one of these companies, the applicant will have a specific amount of money debited directly from their bank account. Read More
How to Tell If You’re the Victim of Identity Theft
Identity theft is a serious, active issue in Canada. It can lead to months, if not years, of both financial and legal struggle, countless court dates, and potentially severe financial loss. Identity theft occurs when your personal information is stolen by someone with criminal intent. These criminals typically look for… Read More
An Introduction to Debit Card Fraud
Convenience, this is probably the number one thing most Canadians associate with their debit cards. In our day to day lives the convenience of not having to have cash on us all the time is priceless, this is why in Canada debt cards are used millions of times every single… Read More
How to Tell if Your Debt Collector is a Fraud
Debt is a scary thing. Losing money on accident or for no reason is also scary if not terrifying. So when you get “the call” from a debt collector who informs you that you owe them quite a bit of money and you take them very seriously and pay it… Read More
Why You Shouldn't use Your Debit Card at a Bar
Using your debit card to pay for drinks and food at a bar is an obvious choice for most, and it’s probably even helped a lot of people cut down on their credit card debt. The convenience factor is high, no worrying about racking up a huge credit card bill… Read More