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Fake Loan Scam alert (NIDirect Gov)
spike7451
Posts: 6,944 Forumite
in N. Ireland
This was posted on the PSNI Ards Facebook site.
http://www.nidirect.gov.uk/index/newsroom/news-nov10-be-wary-of-fake-loan-scam.htm
http://www.nidirect.gov.uk/index/newsroom/news-nov10-be-wary-of-fake-loan-scam.htm
You should be wary of a fake loan scam. If you've received a letter from MCO Capital Limited asking you to repay a loan that you haven’t taken out, don't pay any money but don't ignore it. It may affect your credit rating and you may find yourself subject to debt recovery proceedings if you don't take action. You should report the fact that a false loan has been taken out in your name.
Surge of complaints
There has been a surge of complaints against a company called MCO Capital Ltd trading as 'Help Loan' and 'Balance Loan' in recent weeks. People have reported to Trading Standards that they have received letters from this company demanding the repayment of a £300 loan plus £213 interest for a loan that the consumer knows nothing about.
The matter is currently being investigated by the City of London Police, and MCO are working closely with the police as part of the ongoing investigation.
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