Scary Fraud Ensues When ID Theft & Usury Collide
Credit to Author: BrianKrebs| Date: Tue, 25 Jan 2022 19:48:40 +0000
What’s worse than finding out that identity thieves took out a 546 percent interest payday loan in your name? How about a 900 percent interest loan? Or how about not learning of the fraudulent loan until it gets handed off to collection agents? One reader’s nightmare experience spotlights what can happen when ID thieves and hackers start targeting online payday lenders.
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