Subscribe to our mailing list

X

MSI Credit Solutions Warns of Recent Consumer Scam

By on August 24, 2015

MSI Credit Solutions recently received a handful of concerns from consumers in regards to correspondence they have received about a delinquent loan.

Victims of the scam say they are receiving calls and emails from the scammers, who claim to be with agencies such as the FBI, law firms, or state attorneys to make it sound legitimate. They tell the consumer they have a delinquent account and request immediate payment while threatening legal action.

The scam artists will call consumers at home, on their cell, or even at work. However, some consumers will only receive email contact attempts from non-business accounts such as AOL, Gmail, Yahoo, and Hotmail. If consumers request more information about the loan, they are threatened with arrests, legal actions, wage garnishments, and in some cases, even physical violence. Consumers who have fallen victim to this scam are advised by the scammers to either send an email or fax with detailed payment information.

For those who receive such a call or email regarding these loans, do not provide any bank account information. Be sure to monitor the personal bank and credit card account activity for anything unauthorized or suspicious. If any is found, immediately contact the respective banks to have the cards and accounts canceled, as well as the three major credit bureaus to have a security alert placed on the credit report. Victims of this scam may also file complaints with both the Federal Trade Commission and their respective state Attorney General’s Office.

For any questions about this scam, or help to rectify the situation, call MSI Credit Solutions.

About the company:
MSI Credit Solutions is committed to helping the local community. The company actively engages in a number of community events and charity efforts throughout the year. Some of these include hosting a canned food drive for the North Texas Food Bank and the annual holiday toy drive.

READ  MSI Credit Solutions Holds 2015 School Supply Drive

MSI Credit Solutions aims to help both community members and their customers plan for a better future. They offer credit repair and restoration services to help their clients increase their credit scores. Established in 2006, MSI is one of the leading credit repair companies in the industry.

Source

About Research Department

Here is where you will find important stories located from around the web which can impact you and your financial life.

Share a Comment / Leave a Reply