5 Red Flags of a Financial Scam


4. Promises To Fix Credit Problems

When an agent approaches you for any kind of investment, does he or his company norms promises you that this investment will help you to you improve your credit score or this investment will rectify the disputes of your credit report, and all this is for free - then such financial institution is bound to be a fraudster. Some institutions also suggest people with bad credit acquire an EIN (Employee Identification Number), which is in fact against the law. While other genuine companies (which do not offer any credit repair help), make sure that you execute the essential research prior to getting involved in it.

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5. No Value, No Product

At the end of the day, while returning home you feel it was awful day at work and a “Work from Home and make thousands a week” sounds very good when you open the newspaper. If you are thinking so that it’s great then your awful day at work, then you are wrong. These ‘working from home’ ads are hollow and are scams which often is a pyramid scheme where you only will act as the basement. So don’t fall into such traps.

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