About
This business has 1 alert
Important information
- Additional Info:It has been brought to BBB's attention that fraudulent loan companies have been posing as "Loans Canada" in order to scam consumers, and withdraw funds from their accounts.
The following is an example of an email sent by the company posing as Loans Canada:
Hello Applicant,
Loan Approval No: RTPM4157Z
Loan Amount: $5000
Dear Customer,
Your loan application has been approved for $5000 with an interest rate of flat 10%. The loan amount will be sent to your bank account within 2 working hours after all the procedures have been completed.
NOTE: No upfront payment required to get this loan.
For any queries contact us anytime as the customer service works 24*7 on (647)-491-2128 or reply back to this email to get in touch with the representative.
Yours sincerely
LOANS CANADA
Capital One Finance (c) 2017
Terms of Use Careers Complaints
Privacy Policy
--------------------------------------------------------------------------------
Confidentiality Statement & Notice: This email is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521 and
intended only for the use of the individual or entity to which it is addressed. Any review, re transmission, dissemination to unauthorised persons or other use of the original message and any attachments is strictly prohibited. If you received this electronic transmission in error, please reply to the above-referenced sender about the error and permanently delete this message. Thank you for your co-operation
In several incidences, consumers have been asked to provide their bank account login information (User ID and password) so that they can verify identities and deposit loans. Once this information is provided, the scammer will transfer funds out of the account, and disappear. Consumers will not receive the loan in question.
BBB would like to remind consumers to never share their banking login information another individual.
For more information regarding this concern, please visit: https://loanscanada.ca/news/psa-loan-scam/
Overview
BBB Accredited Since: 31/5/2020
Years in Business: 12
BBB Accreditation & Rating
About This Business
Products and Services
Personal Loans
Business Loans
Car Loans
Debt Consolidation
Credit Counseling
Credit Building
Free Credit Score
Business Details
- Local BBB:
- BBB Serving Central Ontario
- BBB File Opened:
- 22/8/2014
- Business Started:
- 1/7/2012
- Type of Entity:
- Corporation
- Alternate Names:
- 6069321 Canada Inc
- Prets Quebec
Additional Contact Information
- Principal Contacts
- Mr. Scott Satov, Owner
- Customer Contacts
- Mr. Cris Ravazzano, Chief Technology Officer
- Mr. Scott Satov, Owner
- Fax numbers
- Primary Fax: (877) 995-6269
- Additional Email Addresses
- Primary: Email this Business
Additional Information
- Business Categories
- Debt Relief Service Referral, Loans, Business Loans, Loan Broker, Debt Relief Services
More Resources
Featured Content
BBB Business Profiles may not be reproduced for sales or promotional purposes.
BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.
As a matter of policy, BBB does not endorse any product, service or business. Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation. BBB charges a fee for BBB Accreditation. This fee supports BBB's efforts to fulfill its mission of advancing marketplace trust.