Friday, March 9, 2012

Scam Alert: CenCor, Inc/C2C Lending

A lending company claiming to be a defunct Kansas City business is preying on individuals searching for financial assistance. The company claims to be Cencor, Inc., which liquidated it's assets and shut down operation in 1999. People who have submitted their application through the website are contacted by Cencor, Inc. and are told they have been approved for a loan of $7000. The catch is that the borrower must wire a nearly $700 insurance fee.

Advance fees for loans are illegal in the United States. For more information on these types of loan scams, follow this link

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