Be careful out there borrowers. There's another loan scam on the horizon today called Metro Financial Inc. We think they're a renamed version of the Hampton Group Services scam that we posted about in December. Here are the details:
Phone Number: (888) 314-3419
Fax Number: (888) 314-3419
Address: The scammer used Credit.com's street address, available on our website. 550 15th Street – San Francisco, CA 94103
Contact Names: Unknown
Fake Insurance Company Name: Unknown
Remember, NEVER wire transfer funds to someone you don't know. No authentic lender would ever ask you to wire transfer funds for an insurance payment or deposit. If you do send the money, you'll never hear from the scammers again and will not be able to get your money back.
In the meantime, stay safe and keep us posted about any loan scam offers you encounter. We'll keep on putting the word out there and trying to keep consumers safe from these rip-offs.
Emily Peters – Credit.com's personal finance expert and former TransUnion credit expert. Emily writes about credit reports, credit cards, loans and personal finance as the CreditBloggers.com moderator.