Guarantor Loans Company Rolls Out New Anti-Scam Alerts

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With some of the ethical questions that have faced loan providers in recent times, it’s always refreshing to witness a company actually doing something to help UK consumers; In addition to offering unsecured loans, Guarantor Loans Company has built up a dedicated following to their blog. The blog, which is called GLC Money Saving Blog is dedicated to helping readers save money and is really an entity within itself, offering readers money saving articles, guides and the latest financial news.

The latest addition from the company is to run a “Scam Watch” update, where readers can subscribe to regular updates to stay informed of the latest scams and frauds hitting consumers in the UK. Managing Director Peter Leigh said “We try and distance ourselves from loan providers with questionable methods such as charging up front fees and it’s clear that even worse activities such as scams and fraud in the UK are becoming an ever more oppressive problem. By launching our Scam Watch service we hope we can help prevent consumers from falling into the hands of these scammers and losing their money”. 

The alerts, which are scheduled to begin next week, are planned to contain example emails, new scam techniques, stories from people who have recently fallen victim and as much information needed to stay abreast of current threats, both in the financial world and other markets.

The latest post on the blog, entitled Scams: Is Your Money About to be Stolen outlines some of the major threats facing UK consumers at present; this includes banking scams and authority scams to name a few. Their guidelines also include a handy 8 point check list to help people remain vigilant if they suspect a potential scam or fraud.

Those who are interested in finding out more can visit the blog and sign up to receive the new alerts along with additional “Financial Savviness” updates designed to help save money.

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