Did you receive calls or voicemails from Skyline Lending Solutions? Recently, more than hundred people have received phone calls from Skyline Lending Solutions about an Economic Impact loan application, and are wondering if it’s legit. Well, the short answer is NO! Read on for more details and how to stay protected.
Skyline Lending Solutions Scam Calls
Also known as ‘Lending Solutions’, Skyline Lending Solutions call people with different area code numbers, informing them about a loan application. The call takes the following format;
”Hello! This is an urgent update from Skyline Lending Solutions regarding your economic impact loan application. Our contact number is 888-531-6256. We need to address an important issue with your application to move forward. Please return our call at 888-531-6256”.
Skyline Lending Solutions Scam: How It Works
The Skyline Lending Solutions scam falls into the category of ‘Loan Approval Scam’. It is an advanced fee fraud that aims to steal money from people interested in getting loans.
When we called the number ‘888-531-6256’, someone on the other end tried to convince us that we can get up to $70,000 approved loan at little interest rate. He said the economic Impact Loan is for small businesses and people struggling due to the economy. When we played along, the fraudster requested for a processing fee to help quicken the process.
We immediately called it bluff as he failed to tell us how our telephone number was gotten and when did we apply for a loan.
In reality, the loan is non-existent. Anyone who pays the processing fee would be made to pay more and more money but wouldn’t get the loan as promised. This is a classic example of Advance Fee Scam.
How To Stop Skyline Lending Solutions Spam Calls
The Skyline Lending Solutions scam calls can be pretty repetitive and annoying, especially if you don’t fall for the bait of calling them back. The scammers use various telephone numbers such as; 689-222-2549, 719-408-2237, etc.
To stop them from calling you, you should block the numbers used. One of the best ways to block unwanted calls on a cell phone is to download a call-blocking app. A call-blocking app acts like a filter. The company behind the app uses call data or reports from users, the FTC, and other sources to predict which calls are illegal or likely scams. The app then intercepts those calls before they reach you.
To get a call-blocking app
- Go to the online app store for your phone’s operating system (iOS (Apple), Android, etc.) and look at ratings for different apps.
- Look online for expert reviews on call-blocking apps.
- Download and Install to your mobile devices
Once done, block the following numbers; 689-222-2549, 719-408-2237, 888-531-6256
Tips for Protecting Yourself from Loan Scams
Whether you are considering getting an emergency loan or business loan, always do due diligence before signing whatever contract. Here are some tips to avoid falling prey to loan scams;
- Check if they’re legit: Make sure the lender is authorized to operate in your area. Legit lenders follow the rules.
- Read everything: Understand the loan details, like interest rates and costs. Don’t hesitate to ask questions if things seem confusing.
- No upfront fees: Legit lenders won’t ask for money before approving your loan. Stay away if they do.
- Check online: Read reviews and search for info about the lender. Don’t skip this step to make sure they’re trustworthy.
- Listen to warnings: If people say a lender might be shady, take it seriously. Look for other choices.
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