Individuals who are actively looking for loans online are reporting phone calls from scammers who are claiming that they will provide the target with a loan for an advice fee. This is all part of a Delta Finance loan scam.

Who Is It Targeting: Consumers actively looking for loans online

What Is It: Consumers are reporting phone calls from scammers who are claiming that they will provide a loan for an advance fee. The scammers behind the Delta Finance loan scam are most likely gathering contact information for the targets from other short-term lenders who have sold their information. The scammers are using the names Delta Finance, Delta Finances, Delta Company and Delta Management and claim that they can provide loans no matter the credit history of an individual.

Scammers are also claiming to provide loan amounts in the tens of thousands for individuals and businesses. These criminals are calling and asking for your name, address, date of birth, bank account and routing number and the last four digits of your Social Security number.

What Are They After: Direct Payment

How Can You Avoid It: If you need a financial loan, be sure to use an established entity that is registered with a state to provide financial loans. If you are called by a company offering a loan with an advance fee, you can politely decline.

If you have interacted with Delta Finance in the past, report to the Better Business Bureau and contact the Identity Theft Resource Center (ITRC) to see how you can protect personal information.

You can call the ITRC for toll-free, no-cost assistance at 888.400.5530 or live chat with one of our advisors. For the latest scams, sign-up for our TMI (Too Much Information) Weekly Newsletter.


You might also like…