You’ve got bills stacking up like Jenga blocks, and Global Financial whispers, “Use your home equity. It’s fast, easy, online.”
Sounds like a lifeline — until you realize you don’t even know who’s holding the rope.
That’s the trap Global Financial might be setting. And if you slip, it’s not just money you lose. It could be your home.
If your gut is already pinging, listen up. Because what I found might save you a world of pain.
Multiple Global Financials. One Big Problem.
Let’s get this straight first: There isn’t just one “Global Financial.”
There are lots of companies with similar names floating around. And some of them? They’ve been caught pulling shady stunts.
Case #1: Global Lending CA
Busted by the California Department of Financial Protection and Innovation (DFPI) in March 2024. They offered fake online loans and asked for upfront fees. People paid. No loans ever came. Source
Case #2: Global Financial Support, Inc.
Hit by the Consumer Financial Protection Bureau (CFPB) for scamming students out of money with promises of scholarship help that never existed. Source
Bottom line: just because it sounds official doesn’t mean it’s safe.
So… Is This Global Financial Legit?
Maybe. Maybe not. It’s tough to verify companies with generic-sounding names.
Here’s how you find out:
- Search their licensing. Use the DFPI license lookup. If you can’t find them, that’s a red flag.
- Google like a detective. Type their name + “scam,” “reviews,” or “complaints.”
- Check the BBB. No profile? Lots of complaints? Back away.
- Ask for disclosures. If they stall or act weird, run.
- Never pay upfront. Real lenders take fees from the loan, not from your bank account.
Still unsure? Use these:
Real Talk: Home Equity Scams Are Getting Sneakier
Scammers don’t wear ski masks anymore. They wear business casual and send DocuSigns.
One in three scam victims last year fell for something that looked like a real financial service. Source
They don’t just want your money. They want your trust. And once they have that? It’s game over.
What If I Already Gave Them Info?
First: don’t beat yourself up. These scams are built to fool smart people.
Second: take action. Now.
- Call your bank. Get any payments stopped or reversed.
- Freeze your credit. Contact Equifax, TransUnion, and Experian.
- Report the scam. Use the CFPB complaint tool.
TL;DR — What You Need to Know
- Multiple “Global Financial” companies exist. Some are confirmed scams.
- One was caught charging upfront fees with no real loan.
- Always check licensing, reviews, and NEVER pay before you see the loan.
- Scammers are slick. Trust your gut.
- Your house is too important to gamble with.
Final Word: Don’t Hand Over the Keys to a Stranger
Using home equity can be smart. But not with someone you can’t verify.
Do You Have a Question You'd Like Help With? Contact Debt Coach Damon Day. Click here to reach Damon.
If a company makes you feel rushed, confused, or suspicious… don’t ignore that.
And if you want trusted, human advice from someone who’s not trying to sell you anything, I highly recommend Damon Day. He’s my go-to guy when someone’s in over their head with debt.
If this helped you, send it to someone else. It might just save their home.
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