i have been offered a loan?

Question

the people who offered are one of these [e-mail] are they real as certain people in this forum are saying they have had them arranged at 2% and 3% and i am desperate but dont want to be conned any ideas thanks

Answer 1

I wouldnt if i were you. there are far too many cons going on around the net and i doubt they would just send you an email offering you one if they were genuine. They will probably ask you for money for a processing fee then tell you you cannot have one or something. Loan companies need all of your personal details including income etc and if you havent applied for one then they dont know these details and cannot offer you a loan.
Stay away

Answer 2

Anyone who offers a loan at this rate is conning you - why would someone lend at a rate below inflation? after all this would mean that they are losing money at the end of the day, they may as well just throw it away. Your best bet is to go to someone reputable - try northern rock or alliance and leicester who both lend at a reasonable rate.
To be able to sell loan legally a lender must be regulated by the FSA (Financial Services Authority) and if they are offering insurance on the loan they must be GISC regulated ( general insurance stndards council) stay away from anyone who isn't regulated. if you deal with them you will be assisting them in illegal activity.

Answer 3

1) No legitimate lender would have a generic email address (Yahoo, Gmail, Hotmail, etc.)

2) No legitimate lender would offer a personal loan with no collateral at 2 or 3%.

Stay away.

Answer 4

anyone loaning you money at that rate, especially unsecured, must have more money than they know what to do with or don't know what the current loan rates are. Secured loans rarely go for that amount, much less unsecured. Do NOT sign a loan agreement unless you have read and UNDERSTAND every word in it. If you use collateral (like land or a car), make sure what the foreclosure parameters are (like one missed payment, etc...) That is an unbelievably low rate for any institution to offer and they have millions to spread around. I'm not for it or against it. Just be wary and know what you're getting and how.

Answer 5

I would be very careful and do your research. Check to see if there's information about the person or business your dealing with online and also check your local bbb. I wouldn't trust that this is a legit business that has a yahoo email account. Sounds a bit shady to me. Remember that your shouldn't have to pay any "upfront" fees for the loan, this should be a red flag. Be careful and good luck!

Answer 6

Think. Why would any one lend you at 2% when the can deposit it in a bank and get 6%? Remember the motto. If it seems too good to be true, it is.

If they are from Africa, they are probably conn men trying to clearl your bank a/c. If they are from US or UK they are probably money laundering.

Oh dear. Now I shall be accused of racism or worse, political incorrectness.

Answer 7

Think about it - I could open up a web page saying I give loans but I need you bank details to process it and you know what happens when you give your details, I would try the bank for a loan.

Answer 8

Don't trust anyone with something as important as your personal finances if you haven't first double checked their licensing or credentials and if you haven't at least spoke with them on the phone.

The last thing you want to do is give bank information to some fly-by-night type of company.

Answer 9

How do you know these loans off the net aren't coming out of Nigeria.

Answer 10

I would definitely stay away. It looks dodgy to me. You should get a loan from a well known and truthworthy company.