Scam Report

Personal Loan Scams

Don’t Fall Victim to Personal Loan Scams

These personal loan companies are top-rated in our Trusted Directory and have been fully vetted and reviewed as part of our 5-step verification process.

Personal Loans Scam Reports

The following Scam Reports are filed in the Personal Loan category.

Car Title Loans: More Than Money

Car Title Loans: More Than Money

Albert needed some extra cash for an emergency and thought a car title loan sounded like a good idea. Is a car title loan the best solution?

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The Payday Lending Trap

The Payday Lending Trap

The Dangers of Payday Lending – John’s truck breaks down and he doesn’t have any money to fix it. Is payday lending the answer?

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FTC Unhappy With “No Hidden Fee” Claim

FTC Unhappy With "No Hidden Fee" Claim

FTC challenges Lending Club’s “No Hidden Fees” claims, despite Lending Club taking a hefty portion of the Loan Amount up front as an origination fee.

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SoFi Loan Refinancing Claims Challenged by FTC

SoFi Loan Refinancing Claims Challenged by FTC

Claims advertising overstated the results consumers had received, sometimes even doubling the actual savings

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Payday Loan Customers get $505M Back

Payday Loan Customers get $505M Back

In what is the largest amount ever sent in a refund program run by the FTC there is $505 million coming back for payday loan customers of AMG

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