What to do if you’re billed for an SBA EIDL loan you don’t owe Written by Rosario Méndez Attorney, Division of Consumer and Business Education, FTC
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Did you get a bill for a Small Business Administration (SBA) loan, but you didn’t apply for one? It’s likely that an identity thief applied for the loan using your personal or business information. The SBA has new guidance about reporting the fraud, and the FTC has tips to help you clear up any credit problems it may cause.
The SBA’s Office of Disaster Assistance has been issuing the loans under its COVID-19 Economic Injury Disaster Loan (EIDL) program. They’re designed to give financial help to small businesses and non-profit organizations. Criminals have taken advantage of the program by using stolen information to get loans in someone else’s name, or in the name of that person’s company. And now, the bills are landing in the mailboxes of people and businesses that never applied.
В ВОЗ призвали европейцев осознать, что начало вакцинации - это еще не победа над COVID-19
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Собянин оценил шансы Москвы справиться с новой вспышкой коронавируса
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How to Protect Yourself From Scammers Who Are Cashing In on the Coronavirus Pandemic NBC10 Responds and Leigh Lesniak © Provided by NBC Philadelphia
Scammers follow the headlines. And when they caught wind of the coronavirus pandemic, they didn’t hesitate to take advantage.
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According to data newly released by the Federal Trade Commission, nationwide there have been more than 330,000 consumer reports about COVID-related scams and fraud.
Colleen Tressler of the FTC’s Division of Consumer and Business Education told NBC10 Responds that scammers are looking for an opportunity to profit from the COVID-19 vaccines.
“They will be making phone calls, they will be sending texts, they will be sending emails, some people are bold enough to come knock on your door,” Tressler said.