07 5644 3500 - Scam Warning: Loan Sharks Engaging in Unethical Practices

3-min Read4 Reports

  • Uncertain
  • Scam
  • Suspicious

Discover the troubling reports surrounding 07 5644 3500, a number flagged as a scam linked to unethical loan practices. Learn how to protect yourself from potential financial harm and manage calls from this number.

Understanding the Risk Posed by 07 5644 3500

The phone number 07 5644 3500 / 0756443500 has emerged as a significant concern among users who have reported it as a source of distress and financial exploitation. Classified primarily as a scam, this number is associated with predatory loan practices that often leave victims in a compromised financial state.

Scam Description

Users have described their experiences with 07 5644 3500 / 0756443500 as deeply troubling. Many reported taking out loans, only to find themselves victims of spiralling debt due to rapidly rising charges and unethical practices by the lender. According to several reviews:

  • The company allegedly breaches agreed payment dates, leading to unexpected failed payment charges.
  • There are claims of users repaying amounts far exceeding their original loan, with some reporting payments totaling three times the borrowed sum.
  • Victims have reported consent-less deductions occurring routinely from their bank accounts, adding to the frustration they already face.

How to Handle Calls from 07 5644 3500

If you receive a call from 07 5644 3500 / 0756443500, it is advisable to proceed with caution. Here are some tips on how to deal with it:

  • Avoid Engaging: If you suspect the call is from this number, do not engage with the caller. Politely decline to discuss any loans or financial matters.
  • Do Not Share Personal Information: Never provide personal or financial information over the phone to unknown callers.
  • Report the Number: If you receive persistent calls or believe you have fallen victim, report the number to your bank and other relevant authorities.
  • Consider Blocking the Number: To prevent further harassment, consider blocking 07 5644 3500 / 0756443500 on your phone.

Conclusion

In summary, 07 5644 3500 / 0756443500 is a cautionary tale highlighting the need for vigilance in these uncertain times. As more Australians turn to loans for financial support, it's crucial to conduct thorough research before entering any financial agreement. Engaging in a Reverse Phone Lookup Australia can be an essential tool for discerning legitimacy and protecting oneself from scams. Remember, if it sounds too good to be true, it usually is.


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Ratings Distribution

2.3 out of 5
5 Stars 0%
4 Stars 25%
3 Stars 25%
2 Stars 0%
1 Star 50%

What Our Users Reviewed

A
Augustyn

I've experienced a similar situation with a $200 loan. Initially, I repaid around $600, believing the loan was settled, but after one or two years, I began receiving harassment, claiming I owed over $1500 now. They are also withdrawing $30 from my account every two weeks without my consent, which is incredibly frustrating.

C
Counts

Beware of these scammers! They promise loans, but will take thousands from you for a $200 loan and continue to charge fees even after you have supposedly paid it off completely.

N
Nisbett

I have already paid back three times the amount I supposedly owe, yet they continue to find creative ways of claiming that I owe them more money. This feels very unethical.

R
Rozas

181654: Out of desperation, I took a $150 loan, but after making three repayments of $70 each, they started attempting to withdraw money from my account two days earlier than we had agreed. This led to failed payment charges for me. I reported them to my bank and instructed them to stop all future payment requests from this company. They are unethical and deserve to be shut down.


Help others by sharing your experience with (07) 5644 3500!

WRITE A REVIEW