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At least someone is willing to help!
I just received this e-mail:
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Kind of like the robo call I got? The one starting out saying that because of covid my card debt would be waived? I didn't hang on the line to get more details. Shame on me..:rolleyes:
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A 0.00% loan? I'd hold for for 0.000%.
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Solidarity Team. Sounds genuine enough :rolleyes:
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I'm an ex-commercial banker, now retired. For the last 20 years I've volunteered my services for a local Economic Development Collaborative. We administer business loans for a variety city, state and Federal loan funds. For the past year the focus has been on COVID related business interruption loans for the benefit of small business owners and their employees. Loans are typically 3-5 year term, $25,000 up to $100,000. Interest rates vary in the 5-6% range. There should be no "up front" fees involved and the funding source will expect a reasonable return on their invested capital.
The point of this post is to say legitimate help is available for legitimate business issues caused by COVID and/or forest fires, for loans that a traditional bank could not entertain. |
I would not bother with the loan. Just wait until you get the call about winning the Nigerian lottery and all your money issues are solved.
The WHO does have a organization called the covid 19 solidarity fund. I guess the scammers are trying to sound legit by using a similar name. |
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