- Scam
Beware of the phone number 0485 829 091, reported as a scam posing as a money lender. Learn how to handle calls from this number and protect yourself from fraudulent activities.
Understanding the Scam Behind 0485 829 091
The phone number 0485 829 091 / 0485829091 has been flagged by users as a scam, specifically targeting individuals under the guise of a money lending service. Reports indicate this number is associated with fraudulent loan offers, particularly last-minute financing schemes that can lead to significant financial loss.
Type of Scam: Fake Money Lending
According to a review from December 23, 2022, the perpetrators behind 0485 829 091 / 0485829091 posed as money lenders offering loans with attractive terms. However, these so-called lenders often request upfront security payments, claiming them to be necessary to secure the loan. One unfortunate victim reported losing $1280 as a loan security for a $20,000 loan. Alarmingly, the details shared by the scammers appeared legitimate, as they provided ABN and licensing information that checked out, making this scam particularly deceptive.
How to Handle Calls from 0485 829 091
- Do Not Engage: If you receive a call from this number, it’s highly advised to hang up and not provide any personal information.
- Report the Number: Consider reporting this number to Australian Competition and Consumer Commission (ACCC) or Scamwatch. This can help protect others from falling victim to the same scam.
- Use Reverseau: For future calls and text messages you may find suspicious, use Reverseau for a Reverse Phone Lookup Australia to determine the nature of the call.
Staying Safe from Loan Scams
As calls from numbers like 0485 829 091 / 0485829091 become more prevalent, it is crucial for Australians to remain vigilant. Always verify the credentials of any financial service provider, and never pay upfront fees for a loan before understanding the terms and conditions clearly. Remember, genuine lenders will not require a fee before processing your loan application.
In conclusion, it’s vital to exercise caution. When in doubt about who called you, tools like Reverseau can assist you in identifying and reporting suspicious numbers. Stay informed, stay safe, and protect your hard-earned money from scammers posing as legitimate enterprises.
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What Our Users Reviewed
This number is a scam, they are posing as a money lender last minute finance. They have scammed $1280 off my wife as a loan security for a $20.000 loan, all abn and licences they are using are legit as we have asked credit watch but they won't answer calls or emails.