Source: ABC News: 20 Nov 2012
Melbourne police are warning people about a scam in which fraudsters pose as bankers and ask for money.
They say they cold call customers and tell them they have been overcharged in fees and will be reimbursed a large amount of money.
The scammers give people a pin number and ask them to send a money order to India to cover GST.
Police say they know the account details, date of birth and address of the people they are targeting.
At least five people have reported the calls, but police do not think any of them paid up.
Default and Reposession
Most people would assume that a default under a loan contract means that payments haven't been made but, as you are about to learn, there are other reasons why a lender may have the right to repossession. - read more
Knowing these loan finance options will make borrowing easier and save you money
Knowing these 6 types of loan finance options will make it easier for you do deal with brokers and lenders. Once you go from asking for a loan to asking for a "novated lease with a 45% balloon payment" you will be in a far better position to negotiate your loan with confidence. - read more
7 things you need to know about a Hire Purchase loan
There are seven things you should know before you ever think of getting a Hire Purchase loan. Knowing these things will give you control and power in the loan process. Power and control will will save you money - read more
Personal Loans to help Australians in need: FSO
Small business loans to help Aussie businesses through tough times
Police issue warning about bank scam