Complaint Review: Darius Financial

They prey on people just like you  - who need money -can least afford to lose money and will react without taking the time to check it out first.  The same people who should be taking the time to verify the legitimacy FIRST!

This scam is all over the internet and on the Federal Trade Commission website.   A quick search on loan scams or even going to the Federal Trade Commission website was all took to have avoided this loss of funds. 

You have to be prepared to be scammed!  Never assume that any offer is legitimate! 

AS THE ECONOMY HAS TANKED - THE SCAMMERS HAVE GOTTEN WORSE!

Advance-Fee Loan Scams: Easy Cash Offers Teach Hard Lessons

Looking for a loan or credit card but dont think youll qualify? Turned down by a bank because of your poor credit history?

You may be tempted by ads and websites that guarantee loans or credit cards, regardless of your credit history. The catch comes when you apply for the loan or credit card and find out you have to pay a fee in advance. According to the Federal Trade Commission (FTC), the nations consumer protection agency, that could be a tip-off to a rip-off. If youre asked to pay a fee for the promise of a loan or credit card, you can count on the fact that youre dealing with a scam artist. More than likely, youll get an application, or a stored value or debit card, instead of the loan or credit card.

The Signs of an Advance-Fee Loan Scam

The FTC says some red flags can tip you off to scam artists tricks. For example:

• A lender who isnt interested in your credit history. A lender may offer loans or credit cards for many purposes for example, so a borrower can start a business or consolidate bill payments. But one who doesnt care about your credit record should give you cause for concern. Ads that say Bad credit? No problem or We dont care about your past. You deserve a loan or Get money fast or even No hassle guaranteed often indicate a scam.
  
• Banks and other legitimate lenders generally evaluate creditworthiness and confirm the information in an application before they guarantee firm offers of credit even to creditworthy consumers.
  
• Fees that are not disclosed clearly or prominently. Scam lenders may say youve been approved for a loan, then call or email demanding a fee before you can get the money. Any up-front fee that the lender wants to collect before granting the loan is a cue to walk away, especially if youre told its for insurance, processing, or just paperwork.
  
  Legitimate lenders often charge application, appraisal, or credit report fees. The differences? They disclose their fees clearly and prominently; they take their fees from the amount you borrow; and the fees usually are paid to the lender or broker after the loan is approved.
  
  Its also a warning sign if a lender says they wont check your credit history, yet asks for your personal information, such as your Social Security number or bank account number. They may use your information to debit your bank account to pay a fee theyre hiding.
  
• A loan that is offered by phone. It is illegal for companies doing business in the U.S. by phone to promise you a loan and ask you to pay for it before they deliver.
  
• A lender who uses a copy-cat or wanna-be name. Crooks give their companies names that sound like well-known or respected organizations and create websites that look slick. Some scam artists have pretended to be the Better Business Bureau or another reputable organization, and some even produce forged paperwork or pay people to pretend to be references. Always get a companys phone number from the phone book or directory assistance, and call to check they are who they say they are. Get a physical address, too: a company that advertises a PO Box as