Summer Spending Pressure Fuels Loan Fee Fraud Fears

The UK’s financial regulatory has warned consumers to be on the lookout for loan fee fraudsters after revealing new research claiming that many Brits are worried about their finances this summer. The Financial Conduct Authority (FCA) said it polled 2000 adults in late July and found that 55% are more concerned about their bank balance this summer than last.

Source: Infosecurity Magazine – Information Security & IT Security

 


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