02 8985 6554: Scam Alert – Dodgy Loan Providers

• Scam

The number 02 8985 6554 has been reported as a scam associated with dubious loan offers. Learn how to handle calls from this number effectively.

Overview of the Number 02 8985 6554

The phone number 02 8985 6554 / 0289856554 has garnered attention over the years, with users reporting it as a prominent scam contact. These calls often masquerade as legitimate financial services, specifically claiming to offer loans. However, under scrutiny, it's clear that this number is tied to a fraudulent operation aimed at exploiting unsuspecting individuals seeking financial assistance.

Classification as a Scam

Based on user reviews, particularly a notable one dated 03/11/2016 where a user identified it as associated with "Good to go loans" and discouraged answering, it's safe to classify this number as a scam. The identification of "Good to go loans" aligns with multiple reports of loan scams where callers encourage recipients to engage with their services, often leading to financial losses.

The Nature of the Scam

This scam typically operates by offering alluring loan terms that are too good to be true. After instigating initial contact, these scammers might request personal information or upfront fees, only to vanish once they have what they desire. This type of activity falls under the broader category of advance-fee loan scams, which have been a persistent issue in Australia.

How to Handle Calls from This Number

• If you receive a call from 02 8985 6554 / 0289856554, it is advisable not to engage with the caller.
• Do not provide any personal or financial information.
• If you do answer, listen briefly without giving details, and hang up if you feel uncomfortable.
• Consider blocking this number on your mobile device to prevent future calls.
• Report the call to the Australian Competition and Consumer Commission (ACCC), which monitors scams and can offer advice.

Utilising Reverseau for Added Security

To stay informed and protect yourself from potential scams, platforms such as Reverseau provide valuable resources. By utilising a Reverse Phone Lookup in Australia, you can check unknown numbers before answering. This proactive approach enables users to discern who called, providing peace of mind whether it's a legitimate caller or a scam. Remember, a little caution goes a long way in ensuring your financial safety.