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CASH recently received personal loan offers that initially seemed helpful for his debt situation, but they turned out to be scams, as reported by Lori and consumer reporter Don Dare. The fraudulent deals promised $5,000 loans but required upfront payments, exploiting the desperation of individuals with credit issues. Don warns that these scams often contain red flags that consumers should recognize to protect their finances. Eric Stiles, who lives in Oak Ridge and is disabled, sought online loans to manage his credit card debt. Although he initially couldn't secure a loan, he received relentless calls from unsolicited loan companies shortly after, indicating a rise in these deceptive practices.
