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The FlexRate loan comes with two different term lengths: a 15-year and a 20-year option; it can finance a solar installation for up to $100,000. The FlexRate is offered in six states, including Massachusetts, Florida, North Carolina, New York, Rhode Island, and South Carolina, and BlueWave plans to expand coverage. I'm thinking about getting a loan from Blue Wave Loans, but I want to make sure they're real. Does anyone here know anything about Blue Wave Loans? I want to know if they are a safe and trustworthy service. If anyone knows of any other reliable options, that information would be very helpful to me because I'm very afraid of falling for high fees.5. The lender calls you with an offer. A reputable personal loan lender generally doesn’t advertise their services by cold-calling consumers and making them a loan offer on the spot. Whenever a lender reaches out to you first, this can be a sign of a scammer trying to gain access to your personal banking information.

Feb 1, 2023 · 1. Check out the lender website. One of the first ways you can weed out loan scammers is by looking at a lender’s website (and other web presence). Any reputable lender will have a website with its own domain name. Think [lender name].com rather than, say, [lender name].geocities.com or something like that.

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September 3, 2021. BBB Scam Tracker is receiving reports of scammers masquerading as legitimate loan providers. The phony lenders guarantee a quick loan with no upfront fees. But victims who ...

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