True Path Lending Scam Call: Beware If This Fake Loan Offer!

Scammers have been on the prowl recently. Theses scammers call and claim to be calling From True Path Lending offering a Hardship loan. Have you received a suspicious call pretending to be True Path Lending? So many people have complained of receiving calls telling them. This post would explain in details everything you need to know about these True Path Lending and what to do to protect yourself.

Have You Received a True Path Lending? Here’s Why!

The True Path Lending is a fraudulent phone call where scammers call and offer a Hardship Loan, Refinancing deals, etc. Sometimes they call different people, telling them that their underwriting department is missing information on their loan application, this is false because this same call is being received by random people that have never applied for any loan. They also ask them to call 866-659-3519 to speak with a team member regarding this loan.

This is all a Scam, when you call the number, they tell you that you can receive a loan up to $85,000 and then ask you to pay a certain amount of money which is called a processing fee. After paying this money, they continue coming up with more and more excuses for you to continue paying more money and at the end of the day you find out you’ve been duped with no Loan in sight!

Here are some characteristics of this True Path Lending Scam Call

• Unsolicited Contact: If you receive a call or message out of the blue offering financial services, be wary.
• Pressure Tactics: These Scammers parading as Loan officers often use high-pressure tactics, urging you to act quickly so as to secure the loan.
• They request for Upfront Payments: This is a Red Flag as Legitimate lenders do not ask for upfront fees before providing a loan.
• Too Good to Be True Offers: If the loan terms sound unusually favorable, it might be a scam.

How to Protect Yourself From Scams Like The True Path Lending Scam Call

1. Verify the Caller: Always verify the legitimacy of the company by checking official websites or contacting the company directly using known contact information.
2. Do Not Share Personal Information: Never give out personal or financial information over the phone unless you are absolutely sure of the caller’s identity.
3. Research the Company: Look up the company name online along with the word “scam” to see if others have reported fraudulent activity.
4. Report the Call: If you suspect a scam, report the call to the Federal Trade Commission (FTC) or your local consumer protection agency.

Avoiding phishing scams requires vigilance and awareness. Here are some effective ways to protect yourself from phishing attacks:

Tips to Avoid Phishing Scams:

1. Be Skeptical of Unexpected Communications:
   • Be cautious with unsolicited emails, texts, or calls, especially those asking for personal or financial information.
2. Verify the Source:
   • Always verify the sender’s email address or phone number. Scammers often use addresses or numbers that look similar to legitimate ones.
3. Look for Red Flags:
   • Check for spelling and grammatical errors, generic greetings (e.g., “Dear Customer”), and urgent or threatening language.
4. Don’t Click on Suspicious Links:
   • Hover over links to see the actual URL before clicking. If it looks suspicious or doesn’t match the purported sender, don’t click it.
5. Check the Website’s Security:
   • When entering personal information online, ensure the website is secure. Look for “https://” in the URL and a padlock icon in the browser’s address bar.
6. Avoid Downloading Attachments:
   • Don’t open email attachments from unknown or suspicious sources. These could contain malware.
7. Use Multi-Factor Authentication (MFA):
   • Enable factor Authentication on your accounts so as to add an extra layer of security. This makes it harder for scammers to gain access even if they have your password.
8. Report Phishing Attempts:
   • Report suspicious emails to your email provider and the organization being impersonated. In the U.S., you can forward phishing emails to the Anti-Phishing Working Group at [email protected] and to the FTC at [email protected].

What Do You Do When You Suspect A Phishing Attempt

In this digital age and time, almost everyone has at one time received a phishing text or email and often times they fall victim and get scammed. This is why it is imperative that you are always careful when you receive any text or email because one careless click on a link can cause a whole lot of problems for you. Now if you suspect a phishing attempt, here is what I advise you do:

• Do Not Respond to the text, because you responding is actually giving access to the scammers, simply delete it when you receive.
• Quickly change your password if you have mistakenly clicked on the link or given away your login details. Change your password to a strong and unique password.
• Keep an eye on your accounts for any unauthorized transactions.
• Also scan you devices for any malware.

By following these tips, you can significantly reduce your risk of falling victim to phishing scams and keep your personal and financial information safe. You can also join online forums to discuss these types of scams, like this Reddit threat where other people who have received this suspicious calls are talking about it.

Conclusion

This internet age came with so many advantages and also disadvantages. Phishing is an example of one of such. Internet users should always apply caution and be wary. Scammers often use scare tactics or urgency to manipulate individuals into taking quick actions. It’s essential to stay vigilant and take precautions to protect yourself.