Fraud Warning, What to do if you have been a victim?

Unfortunately, for the past few years, our business name is being targeted by fraudsters who are misleading customers into making upfront payments in order to obtain loans.

All of our company information is in the public domain; this includes company address, company registration number, Data Protection Act registration number, and also FCA authorisation number. The fraudsters are using this information to appear genuine.

The main tactic of these fraudsters is to do one of two things:

1. The fraudsters will use various websites using our company information in an attempt to appear as a genuine business and generate leads online. They will then contact the applicant and use our company details to scam the individual, they will generally send out a fake loan agreement via email with all of our information on there to appear as authentic as possible. Once the individual is comfortable with the agreement and repayment terms, they ask for an upfront fee before they can release the funds. The payments are usually asked to be made via a way that is untraceable, Western Union being a particular favourite; of course the promised funds do not ever arrive into the applicant’s bank account.

2. The fraudsters will ‘cold call’ people and claim to be a representative from this company, they will provide of all our company details over the phone, they will even advise the person they are speaking to, to check the FCA register and Data Protection register to give the applicant peace of mind, and also give the impression that they are a sincere company. Once the applicant has that peace of mind, the fraudsters will send out a fake loan agreement via email and then ask for upfront payments for loans. Again they will ask for the upfront fee to be paid via an untraceable method and the funds will not be sent.

This is known as ‘cloning’ and we have been working very closely with the police and the FCA to prevent these companies from conning the public out of their hard earned money. We have been successful in closing down a number of websites, as well as having Google PPC accounts blocked.

Please be advised that Unsecured Loans for You Ltd is a completely free online broker service. We will not at any point request payments from our applicants, and should you be asked to pay a fee, we request that you follow the below advice from both the Police and Financial Conduct Authority using the links provided.

If you have been a victim of this scam and paid any money, we would recommend contacting Action Fraud either by phone on 0300 123 2040 or by going to and completing their online form. Unfortunately, as the fraudsters are not authorised by the Financial Conduct Authority, the Financial Ombudsman will not be in a position to help.

At Unsecured Loans for You Ltd, we take fraud extremely seriously, you can also provide our company with the information of the potential fraudsters and we will do everything in our power to get the website taken down and inform the correct authorities. Please use our reporting tool by following this link: and provide us with as much information as possible on the scammers.