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Loan scams trap more than a million Americans every year with a loss of over $900 million. In this video, Ill not only show you the seven warning signs of a loan scam, Ill reveal the two most common scams that cost you money. Were talking online loan scams today on Lets Talk Money! Beat debt. Make money. Make your money work for you. Creating the financial future you deserve. Lets Talk Money. Joseph Hogue with the Lets Talk Money channel here on YouTube. I want to send a special shout out to everyone in the community, thank you for taking a little of your time to be here today. If youre not part of the community yet, just click that little red subscribe button. Its free and youll never miss an episode. Something I havent shared on the channel yet is how the Great Recession destroyed my credit and finances. I was leveraged to the hilt and saw it all fall apart when housing tanked in 2008. My credit score was shit and I couldnt get a loan to save my life. Now thats another vi