We’ve all seen the headlines about loan fraud and how someone perfectly sensible has succumbed to the scammers. It could happen to anyone, even if you think you’re financially savvy, with money worries causing even the soundest of judgments to slip.

In this guide we’ll explain what loan fraud is, the difference between genuine and fraudulent loan providers, how to avoid becoming a victim of loan fraud, and what to do if you get caught out.

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