Pirate FM News

Keep up to date with the latest news delivered direct to your Inbox.

Loan Warning

news - money
Delicious Submit this page to reddit

8:00am 4th March 2012

A grieving Liskeard mum warns us to watch out for loan scams.

Louise Alders wanted to borrow money to buy a headstone for her son, who died from cancer last year.

She says she was called by a company who offered five thousand pounds, but wanted costs paid up front.

Despite shelling out hundreds of pounds, the cash never appeared:

"It's disgusting how they prey on the vulnerable and, as I say, I don't usually go for loans. I was only going for a loan for my son's headstone and now I've been left £450 pounds in debt"

"I've got two children, I've got a three year old and a six year old. I've had to go to food banks to get food for my children because I've got no money"

Duchy Trading Standards warns the economic downturn is putting more families at risk of things like scams and loan sharks.

Senior officer Martin Fisher says research is the key:

"Use something you've heard of and you've seen advertised in the paper. Look for something with a UK address, Google everything you've got. It is very difficult to give some sort of magic wand that will make everybody safe. All I would say is just be very, very careful"

"Just be very very sceptical. Particularly if it looks easy and particularly if you're a bad credit risk and they say 'absolutely, five thousand pounds coming straight through' Not many 'proper' businesses will do that"

8:00am 4th March 2012

Share This Story

Delicious Submit this page to reddit
Suggested articles
snow

WATCH: Fresh Snow Warning For Cornwall

We are being urged to take care on the drive to work

Most read
Darren Rhys Witcombe.

PHOTOS: Newquay Human Remains Identified

The discovery was made at Tregurrian last year

police line

UPDATE: Woman Dies After A30 Crash

A toddler suffered minor injuries after the collision involving a tractor

Top articles

BREAKING: Pensioner Dies After Crash With Parked Car

Cornwall News: He was taken to hospital after it happened in Pendeen

Pirate FM Cornwall News Update - 7th January 2016

Cornwall Video News: Officials say they’re holding talks to find new jobs for hundreds of workers in Bodmin.

Victory for people with disabilities in 'wheelchair v buggy' bus case

National News: Disability campaigners have welcomed a Supreme Court ruling that bus drivers may have to do more to accommodate wheelchair users.

Business Cornwall News - Friday, 18th December 2015

Business Cornwall News: Cornwall is spearheading reform of the Uk’s business licensing laws following a a year-long project.

Bollywood actor Salman Khan cleared of gun charge over hunting trip

Showbiz News: Bollywood actor Salman Khan has been cleared of using unlicensed arms while hunting for rare blackbuck antelopes 18 years ago.

RAF in 'utterly shocking' unauthorised Hercules plane landing in Ireland

World News: A diplomatic spat has broken out between the UK and Ireland after a RAF aircraft landed at Shannon Airport without permission in a "serious" incident.

Chelsea handed council backing for stadium development

Sports News: Hammersmith & Fulham Council has unanimously approved planning permission for Chelsea to redevelop Stamford Bridge.

'Where's Wally' fugitive hands himself in to police live on Facebook

Strange News: A man who changed his Facebook profile picture to Where's Wally as he was being pursued by police has handed himself in, live on social media.

Newer article

Superfast Broadband Rollout

Cornwall News: More areas of Cornwall get connected

Older article

A&E Warning at Treliske

Cornwall News: A surge in emergencies puts Cornwall's biggest hospital under pressure

Cornwall's Pirate FMPirate Extra Footer LogoEscape to Cornwall radioLoveCornwall.com - The Cornish Business DirectoryPirate Education and Training

 

© Copyright Pirate FM

Pirate FM cannot be held responsible for the content of external links.