watch out for fake credit unions

It is the newest scam all over the newspaper, for people to watch out, and learn a lesson from those victims who been scammed. There were some organization claimed to be a reputable credit union, which is fake. They advertised themselves on the newspaper, and they even published their address to be reliable, and be able to trust. They claim that they can process the loan for people who desperately need to borrow money, either a personal loan, or a mortgage, or business finance. They promised that every loan can be approved, if you sign up for it.
Here is the catch for this scheme. They need to charge you advance process fee of some percentage from the amount of your loan; which means you have to pay an advance – fee upfront to them. This can be risky, and you have no protection at whatsoever. Some victims fall for the trap, and lost hundreds of dollars to this scheme. The actual address they published in the newspaper, it is actually the address of some shopping mall. So, watch out those despicable scamsters out there. Watch every step, and the money you gonna pay for.