Credit Services Scams
Credit services companies purport to help individuals obtain credit, enhance their credit score or history, or provide credit advice or help. Credit services scam musicians frequently charge people 1000s of dollars for things they are able to do by themselves at no cost. Extra information on clearing up your credit file and enhancing your credit rating is for sale in our leaflets entitled "credit history" and "credit ratings." For more information on credit solutions scams, see our "Debt Assistance Scams" flyer. Try not to sell to a credit services company unless it really is correctly registered utilizing the Minnesota Department of Commerce.
Under this scam, you will get a call or e-mail from the lender that is purported or submit an application for that loan on an online site. The lender that is purported you that loan, but calls for one to send cash up-front (usually via a cable transfer or a reloadable card) under the guise of the deposit, insurance charge, or several other cost.