{"id":22480,"date":"2020-05-31T12:13:45","date_gmt":"2020-05-31T11:13:45","guid":{"rendered":"https:\/\/traders-paradise.com\/magazine\/?p=22480"},"modified":"2020-07-17T09:36:48","modified_gmt":"2020-07-17T08:36:48","slug":"online-lenders-frauds-how-to-recognize-them","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/","title":{"rendered":"Online Lenders Frauds &#8211; How To Recognize Them"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_74 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#One-third_of_American_adults_have_been_faced_an_attempted_fraud_in_recent_years\" >One-third of American adults have been faced an attempted fraud in recent years<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#By_Guy_Avtalyon\" >By Guy Avtalyon<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#How_widespread_are_scams\" >How widespread are scams?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#How_to_avoid_online_lenders_frauds\" >How to avoid online lenders frauds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#How_to_recognize_an_online_lenders_scam\" >How to recognize an online lenders scam<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#Who_has_the_right_to_ask_you\" >Who has the right to ask you?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#Unsolicited_loan_offer\" >Unsolicited loan offer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#No_interest_in_your_payments_historycredit_score\" >No interest in your payments history\/credit score<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#Online_lenders_are_not_registered_in_your_state\" >Online lenders are not registered in your state<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#Their_website_is_not_secure\" >Their website is not secure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#No_physical_address\" >No physical address<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#The_pressure_to_act_quickly\" >The pressure to act quickly<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#Payments_before_approval\" >Payments before approval<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#How_to_protect_yourself_from_online_lenders_scam\" >How to protect yourself from online lenders scam<\/a><\/li><\/ul><\/nav><\/div>\n<h4><span class=\"ez-toc-section\" id=\"One-third_of_American_adults_have_been_faced_an_attempted_fraud_in_recent_years\"><\/span><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-22481\" src=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2020\/05\/online-lenders-t-1.jpg\" alt=\"Online Lenders Frauds - How To Recognize Them\" width=\"800\" height=\"533\" \/><br \/>\n<strong>One-third of American adults have been faced an attempted fraud in recent years<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<h6><span class=\"ez-toc-section\" id=\"By_Guy_Avtalyon\"><\/span><strong><a href=\"https:\/\/www.linkedin.com\/in\/guy-avtalyon-67941b54\/\">By Guy Avtalyon<\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p><span style=\"font-weight: 400;\"><br \/>\nAny business that involves considerable amounts of money <\/span><a href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/the-benefits-of-online-borrowing\/\"><span style=\"font-weight: 400;\">quickly<\/span><\/a><span style=\"font-weight: 400;\"> exchanging hands is a fertile ground for scams and frauds and the same comes to online lenders frauds. Scammers always look for a chance to quickly make a buck with the least possible effort. And the lending industry is rife with scammers who fraudulently take out the loans. But such does not present an overt danger for people looking for <\/span><a href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/is-payday-loan-riskier-than-other-loans\/\"><span style=\"font-weight: 400;\">loans<\/span><\/a><span style=\"font-weight: 400;\">. Big banks and financial institutions employ <\/span><a href=\"https:\/\/traders-paradise.com\/magazine\/2018\/11\/artificial-intelligence\/\"><span style=\"font-weight: 400;\">artificial intelligence and machine learning<\/span><\/a><span style=\"font-weight: 400;\"> to fight against these types of frauds. But, a common consumer of the lending industry\u2019s products has to be aware of a potential scam coming from the other side, fraudulent lenders.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_widespread_are_scams\"><\/span><b>How widespread are scams?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Seemingly with every day, a new type of financial product comes to market. And each of them presents a scammer with an opportunity for at least a couple of different scams. And you can be certain that there are some very creative fraudsters out there. In the lending industry, just due to the wealth of different products there is a wealth of different scams.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many studies and reports indicate that about one-third of American adults have faced an attempted fraud in recent years. While scammers do not practice <\/span><a href=\"https:\/\/en.wikipedia.org\/wiki\/Ageism\"><span style=\"font-weight: 400;\">ageism<\/span><\/a><span style=\"font-weight: 400;\">, millennials do seem to be the hardest hit of all age groups. The <\/span><a href=\"https:\/\/www.ftc.gov\/system\/files\/documents\/reports\/consumer-sentinel-network-data-book-2017\/consumer_sentinel_data_book_2017.pdf\"><span style=\"font-weight: 400;\">FTC\u2019s study<\/span><\/a><span style=\"font-weight: 400;\"> conducted in 2017 based on the filed consumer complaints show that almost 40% of millennials have suffered financial losses due to fraud. While these findings are based only on people who filed a fraud complaint, it is quite higher than 18% among people of 70 or more years of age. While this study doesn\u2019t give any definitive conclusions, it does paint a picture of people in their 20\u2019s not being fully cognizant of the potential dangers on the financial markets.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_avoid_online_lenders_frauds\"><\/span><b>How to avoid online lenders frauds<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Fraudsters always prey on vulnerable people, and in the loans industry, it is people who desperately need money. The best way to protect yourself from a scam is to arm yourself with knowledge. Especially on how scammers will try to defraud you. While searching for an online lender that offers a product that suits your needs, you have rather slim chances to stumble upon a scammer. But, as in any other area of life knowledge is power and there is no safety in ignorance. Scammers will come hunting actively for their victims. And the only sure way to protect yourself is by knowing how to recognize a scam.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_recognize_an_online_lenders_scam\"><\/span><b>How to recognize an online lenders scam<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In the majority of scams involving loans consumers are not targets for direct financial gains, but online lenders and similar financial institutions. Consumers are more often just a tool in the scammers\u2019 arsenal. First and foremost as a source of a legitimate identity for fraudulently obtaining a loan. And that is the first precaution a person must have on their mind, how to protect their own personal information from identity theft. Scammers often try to obtain genuine personal information, personal documents, addresses, and social security numbers; and then use them for applying for personal loans from online lenders.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By stealing the identity of a person they can fraudulently obtain a loan, which then often a victim of the identity theft will have to repay. Such identity thefts are often done by simple phishing methods. Usually by sending forged emails with requests to resubmit your documents to your bank or such.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_has_the_right_to_ask_you\"><\/span><b>Who has the right to ask you?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">While banks and many other institutions have a legitimate right to <\/span><a href=\"https:\/\/traders-paradise.com\/magazine\/2020\/04\/before-taking-out-a-loan-ask-questions\/\"><span style=\"font-weight: 400;\">ask<\/span><\/a><span style=\"font-weight: 400;\"> you to provide such information, they will not ask you by email to resubmit them. Most certainly not because \u201cthe fire in the office building in Delaware has destroyed your personal file\u201d as claimed by an email in my Spam folder I got from customer.services@bankafomerica.com. And that\u2019s another way how they mislead victims into giving them sensitive personal information. They send mass emails from slightly misspelled domains. And they don\u2019t know whether you have an account at some bank or not. They will just send you the email because they have found your address among many they have purchased someplace. And you need to be very careful when reading these kinds of emails.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When I got the said email, I spent hours wondering why I got it when I\u2019m not a Bank of America customer, before I\u2019ve noticed that I\u2019ve got an email from the <\/span><b><i>Bank af Omerica<\/i><\/b><span style=\"font-weight: 400;\">. A friend of mine got an email from the <\/span><b><i>Bank of Ameirca<\/i><\/b><span style=\"font-weight: 400;\"> around the same time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is how scammers will try to dupe an Average Joe to provide them the ability to scam online lenders. And they do have tools in their arsenal they will use to try to defraud you personally by offering you fake loans. And here is a list of common red flags that some loan offers might be a scam.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Unsolicited_loan_offer\"><\/span><b>Unsolicited loan offer<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Whether by phone, email, or social networks a potential scammer might try to contact you and present you with a loan offer. This could be a legitimate offer. But, the legitimate offer will contain a way to contact back the company which is making the offer, a phone number, or website address. A scammer will continue to communicate with you in the same manner. Legitimate offers are always automated and replying to them will have no results. While scammers will be actively waiting for your reply. Just ask yourself, have you ever met a person who called some customer service and got a living person in less than 15-20 minutes? Scammers reply after 15-20 seconds. With such quick and polite responsiveness they aim to build up your confidence in them and provide them with personal information or money.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"No_interest_in_your_payments_historycredit_score\"><\/span><b>No interest in your payments history\/credit score<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">While many legitimate online lenders offer <a href=\"https:\/\/traders-paradise.com\/magazine\/2019\/02\/bad-credit-loan\/\">bad credit<\/a><\/span><span style=\"font-weight: 400;\"> loans<\/span><span style=\"font-weight: 400;\">, no reputable lender will neglect to do a proper check of your ability to pay back the loan. The payment history or credit score is just two of the factors they might take into account. The difference is that they will not take into account just them. Legitimate online lenders might ask you to provide the employment\/income information, education, and such which they use to calculate the risk of offering you a loan. Scammers will never, as they don\u2019t need it.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Online_lenders_are_not_registered_in_your_state\"><\/span><b>Online lenders are not registered in your state<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Per the Federal Trade Commission\u2019s regulations loan brokers and lenders must be registered in states in which they offer services to residents. And you must check the lender\u2019s website for the list of the eligible states. You can also find the lists of registered lenders on the web pages of your state\u2019s Department of Financial Regulations or Banking. And this is the easiest way to recognize fraud. Scammers cannot be found in the official registration databases.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Their_website_is_not_secure\"><\/span><b>Their website is not secure<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Online lenders do care about the potential frauds and scammers who impersonate them. The simplest way they protect their own cyberspace identity is by employing SSL certificates for their domains. While these are first and foremost used for securing safe communication with their websites, they incidentally provide proof of authenticity of their websites. Such SSL certificate protected internet domains are easy to recognize, they start with https:\/\/ and on many internet browsers there will be a padlock before the address. When you see both of these two you can be certain that it is a web page of a legitimate company. The absence is not proof that it is a scammer, but the presence is proof it is not a scammer.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"No_physical_address\"><\/span><b>No physical address<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Even purely online lenders do have physical addresses. They might conduct their operations only in cyberspace, but their employees still need to sit in some offices. Scammers don\u2019t need them. Sometimes they do provide them, but a quick search of such will lead you to some empty land or a shabby looking shed in the middle of nowhere. Sometimes they will advertise with a P.O. box, which shouldn\u2019t fill you with confidence about their legitimacy.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_pressure_to_act_quickly\"><\/span><b>The pressure to act quickly<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Scammers will always push you to accept their offer today, this very moment. They are in the hurry to close the deal before you realize what is going on. Legitimate online lenders have time to wait. Even if they impose some time limit for accepting their offer it could be a few weeks, not days or hours. Only scammers will try to push you into quickly accepting their offer.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Payments_before_approval\"><\/span><b>Payments before approval<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This is one of the tricks a scammer might try to employ which is similar to the Nigerian Prince fraud. Scammers, in this situation, are only interested in collecting such \u201cfees\u201d. While it might be some small amounts of $15-20, no legitimate lender will ask you for something like this. Online lenders or brick and mortar banks, it doesn\u2019t matter, all of them, if they are legitimate companies, will deduct the fees from your loaned amount or include them in monthly payments.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_protect_yourself_from_online_lenders_scam\"><\/span><b>How to protect yourself from online lenders scam<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Getting a loan from an online lender is like crossing a street at a crossing. It is generally safe but has certain dangers if you are not looking both ways. There are just three things you should do to fully protect yourself from fraud. And two of them are things you should be doing already anyway, as a way to safeguard yourself from any type of fraud or dishonest business.<br \/>\n<\/span><span style=\"font-weight: 400;\">Never resubmit sensitive personal information, unless you can independently establish that it is a legitimate request for confirming your identity.<br \/>\n<\/span><span style=\"font-weight: 400;\">You should never pay fees in advance.<br \/>\n<\/span><span style=\"font-weight: 400;\">Finally, never accept loan offers for which you have less than a week to decide.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One-third of American adults have been faced an attempted fraud in recent years By Guy Avtalyon Any business that involves considerable amounts of money quickly exchanging hands is a fertile ground for scams and frauds and the same comes to online lenders frauds. Scammers always look for a chance to quickly make a buck with [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":22482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1018],"tags":[162,2007,2005,2004,2001,2002,429,2006,2003],"class_list":["post-22480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-finance-secrets","tag-avoid-scams","tag-frauds","tag-how-to-avoid-online-lenders-frauds","tag-how-to-recognize-an-online-lenders-scam","tag-online-lenders-frauds","tag-protect-yourself-from-scams","tag-scammers","tag-scams","tag-unsolicited-loan-offer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Online Lenders Frauds - How To Recognize Them - Traders-Paradise<\/title>\n<meta name=\"description\" content=\"Online lenders have time to wait when they are legit, scammers will always push you to accept their offer immediately, you must check the lender\u2019s website.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Online Lenders Frauds - How To Recognize Them - Traders-Paradise\" \/>\n<meta property=\"og:description\" content=\"Online lenders have time to wait when they are legit, scammers will always push you to accept their offer immediately, you must check the lender\u2019s website.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/\" \/>\n<meta property=\"og:site_name\" content=\"Traders-Paradise\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradersParadisecom\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-31T11:13:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-17T08:36:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2020\/05\/online-lenders-f-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1100\" \/>\n\t<meta property=\"og:image:height\" content=\"733\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Traders_Paradis\" \/>\n<meta name=\"twitter:site\" content=\"@Traders_Paradis\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/2020\/05\/online-lenders-frauds-how-to-recognize-them\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#\/schema\/person\/ce94bb3c5a52307ca7be58f0e7b93ffe\"},\"headline\":\"Online Lenders Frauds &#8211; 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