Personal Loans - who can you trust?

When you are looking for a personal loan online here are a few of the hints that you could be dealing with scammer.
How to spot a scam:
check the licence and business number clearly displayed
if you were offered a pre-approved loan out of the blue you should be suspicious
a reputable lender will not request upfront payments for insurance, tax or money transfers
do they claim no credit check
if the contact email address gmail, hotmail or another generic account, you are not dealing with a professional business
can you find legitimate and historical reviews of the company
if they are on social media how old is their profile. Scammers have to frequently establish new pages
never supply any of personal passwords by email or on a messenger app
always check that the webpage you are applying on is secure;
– look for the padlock symbol in the address bar
– check that it is https not just http in the address bar
If you think you may have handed over money or personal details to a scammer check out ASICs MoneySmart website for advice on what you should do next.