Scam Alert #1: Buy insurance to get a loan:

Did you receive a call asking you to buy "insurance" in order to get a loan? It is a scam.

We do NOT call consumers asking for any sort of "insurance".

We do NOT make outbound calls to consumers, period.

We do NOT issue loans but instead will attempt to connect you with a lender who could issue you a loan. This connection service is FREE to consumers.

We do NOT charge consumers any fees.

Anyone calling you on the phone who says otherwise, are not employees or agents of 123 Online Loans, please don't send them money.

Scam Alert #2: SMS messages about pre-approval:

Did you receive a text message or SMS telling you that you've been pre-approved? Please report it to us!

We do NOT send out SMS or text messages to consumers.

We attempt to connect consumers with a lender who could issue you a loan. Because we are not lenders ourselves, we are unable to pre-approve anyone.

Anyone sending you SMS or text does so without our permission and against our terms & conditions.

Please send us the exact text message that you received via our Contact Us form so that we can identify the marketing company and take appropriate measures.

Scam Alert #3: Phantom Debt Collection Alert:

Please be advised, there are fake debt collection rings operating from India who are attempting to collect phantom debts from consumers.

123 Online Loans does not make loans to consumers, instead we attempt to connect consumers with lenders who may offer them a loan.

You will have no debts with us.