http://jacksonville.bbb.org/WWWRoot//SitePage.aspx?site=179&id=a824b759-3137-43b5-aedf-a38056bcce73&debug=False 10 Thu, 21 Feb 2013 06:00:00 GMT February 20, 2013 Jacksonville, FL- Each week the BBB is inundated with calls about predatory loan schemes. Cash –strapped families responding to online ads in desperation are being scammed out of what little assets they have. These predatory lenders have no regard for state or federal laws, and usually their tactics drive the recipients further into debt. The cost of doing business these lenders is high. You could lose not only your money, but whatever you used to secure the loan. BBB serving Northeast Florida & Southeast Atlantic wants to help consumers avoid these common loan scams and find a reputable lender. Common Loan Scams: • Advanced Fee Loans-These lenders say you are approved for a loan, then contact you again demanding a fee before you can get the money. You may have to give your bank account information, wire money to an individual or purchase a prepaid credit card to send to them. All of these are cues to walk away. • Auto Title Loans-Lenders charge consumers an ou http://jacksonville.bbb.org/article/common-loan-scams-and-red-flags-to-watch-out-for-40310