Season 6 · Episode 282
282 – Identifying and Avoiding Loan Scams
Debt Free in 30 · Doug Hoyes
January 25, 202028m 46s
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Show Notes
Ted Michalos returns to discuss loan scams, including advance fee loans, savings loans, and "pay off your consumer proposal" loans. Listeners may quibble with our characterization of these loans as "scams", but we explain why we believe they should be avoided, and we give our suggestions on better alternatives for people who want to improve their credit and are tempted to get these types of loans.