I receive 3-to-4 unsolicited offers each day for a consolidation or personal loan. I believe they are trying to convert unsecured loans (credit card debt) into secured debt in which they are able to place a LIEN on my home & property.
These unsolicited offers must be scripted by AI because they’re always using the same wording. I delete and block, and yet I receive another phone call and message from another “loan officer” with the same or similar name.
I feel these unsolicited offers are scams because they are PREDATORY. The “dead giveaway” is that these offers always say “I see you have applied for a personal loan, or I am calling you in regard to your application for a personal loan.” I say “dead giveaway” because I never applied for a personal loan, only a mortgage for the house I’m presently living in. The dishonesty in the wording would lead me to be suspicious of any and everything they say.
*I say “predatory” because the (scammers/solicitors) are banking on the fact that the receiver of these messages won’t remember if they applied for a personal loan?*