Express Check Advance Security Information
Express Check Advance, along with many other lenders, has been targeted by unknown scammer groups. These scammers are attempting to offer consumers loans on our company’s behalf by going through the internet, email, and making telephone calls. Scammers can be very convincing, especially when they use threats and intimidation and appear to have access to personal information. They use the reputation of a legitimate, respected business, along with dire threats, to get what they want from victims. We want to inform you that these actions are not being made by Express Check Advance or anyone affiliated with the company. We value our customers and are working directly with authorities to stop these scammers.
Recognize Fraudulent Loan Offers
You should be suspicious that a loan offer is fraudulent if:
- The individual claims that you have been pre-approved for a loan and then requires you to purchase a prepaid debit card or wire money as a “processing fee” or “good faith deposit”. Legitimate lenders do not offer approvals prior to application and do not require good faith deposits.
- The individual requests that you send money up front via a wire transfer or money card such as Green Dot cards. With legitimate loan offers, you should not have to give money in order to get money.
- The individual requests to get your personal or financial information. You should always be cautious when volunteering any personal or financial information over the phone or internet. Never provide payment information that you did not initiate. If you are uncomfortable with a phone call that was not initiated by you, hang up or ask for the purpose of the call. Then contact the company using legitimate sources such as contact phone numbers found on the company’s website.
Popular methods of payment used in international trade include:
cash with order(CWO)-the buyers pay cash when he places an order.
cash on delivery(COD)-the buyer pays cash when the goods are delivered.
documentary credit-a Letter of credit (L/C) is used; gives the seller two guarantees that the payment will be made by the buyer:one guarantee...
In macroeconomics, the welfare cost of inflation refers to the analyses of changes in social welfare caused by inflation.
The traditional approach, developed by Bailey (1956) and Friedman (1969), treats real money balances as a consumption good and inflation as a tax on real balances. This approach measures the welfare cost by computing the...
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