Target Newsletter - Issue 186 February 2023

Looking for a loan? Pause and do the 3-step check: • Cold called? • Asked to pay an upfront fee? • Pressurised to pay quickly or unusually?

Tick any of these? STOP

Protect yourself from loan fee fraud.

Supporting the Campaign There are a range of resources to make it as easy as possible for firms to get involved and support the campaign.

* Sources of Citizens Advice and Google analytics

PARADIGM COMMENT Loan fee fraud is a menace, particularly in this cost-of-living crisis and the FCA want to increase awareness of this to help people protect themselves from being a victim of this scam. If you have any queries, or need further assistance, please contact your usual Paradigm Consultant or helpdesk@ consultparadigm.co.uk .

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