This summer, the cost-of-living crisis is making 2024 challenging for many. The FCA’s Financial Lives research reveals that 14.6 million people are finding it difficult to cope financially.
This leaves consumers susceptible to scams such as loan fee fraud, where they are asked to pay an upfront fee but then never receive payment.
Now, it’s even more important to take a moment to pause if you are looking for a loan.
Pause and do the 3-step check before you make any decision and avoid the scammers.
- Cold called?
- Asked to pay an upfront fee?
- Pressured to pay quickly or unusually?
Tick any of these? STOP
Protect yourself from loan fee fraud.
Read related resources
Read more-
Independent shops making a difference: 8 ways local retailers strengthen communities
Eight inspiring indie shops showing how community spirit, creativity and care can help your business – and your high street – thrive.
-
A comprehensive checklist to make the most of the Christmas Rush as an independent retail business
Make sure you can do the right things in the run-up to Christmas this year as a high street retailer.
-
High Street Matters: Building Trust
Worried about negative reviews damaging your business? Think again. In the first episode of Season 2 of the High Street Matters podcast, discover how you can turn customer feedback into your secret weapon for growth.
-
Your first 5 posts for your business’ LinkedIn profile – how to get started
Plan your first Instagram posts with confidence — a simple guide for independent retailers to get started and connect with customers.