Beware Of Relief Advisory Approval Department Scam Promising $48,000 Funding

Have you received a call or voicemail from Sarah at Relief Advisory Approval Department about a $48000 pre approval funding? Beware! it’s a scam. Relief Advisory Approval Department is not a legit loan approval company.

This article provide information on how the loan scam works, how to spot a fake loan offer, and what to do if you’re a victim of the Relief Advisory Approval Department scam call.

What Is The Relief Advisory Approval Department Scam?

Relief Advisory Approval Department scam is loan approval scam targeting US residents. The people behind this scam voicemail contact people and claim the recipients have been pre-approved for a loan. The amount mentioned is often large, as high as $48, 000. Recipients are told to call back the number ‘802 192108’ or ‘+60 9-761 7716 ‘

More than hundred people have received this annoying calls and voicemails. The scam voicemail has the following format;

”Yes, this is Sarah calling from Relief Advisory Approval Department. My phone number is 802 192108. I’m not sure if you’ve spoken to an assigned agent, but I do see your pre approval is for up to $48,000 on a few new programs that have recently taken effect. So what I’ll do is just go ahead and keep this in pending status for you. And if you have about 15 minutes today, give me a call back and we can go over the details with you as well as the benefits. Again, my phone number is 802 192108. Thank you.“

How Does The Relief Advisory Approval Department Scam Work?

When you call the number mentioned on the voicemail you’d be made to speak with an agent who’d convince you that the loan is legit. The scammer would lie that you’ve already been approved and you only need to pay a small amount of money called ‘Processing fee’ in order to get the loan.

This is where the scam comes in.

After paying the ‘processing fee’ which is sometimes ‘$100’ you wouldn’t receive any loan or grant of whatever kind.

Relief Advisory Approval Department Scam : Redflags That Stand Out

Formerly Known as New Path Advantage

The scammers formerly operated with the alias ‘New Path Advantage Approval‘ via newpathadvantage.com using same number ‘ 888-912-0069’ listed on their website. As of early 2023, more than 200 people received the scam voicemail and left complaints on scampulse about the annoying calls.

Not Licensed as a Loan Company

Relief Advisory Approval Department is not licensed as a lender by SEC.gov. It follows no rule, laws and regulations. There is also no permit or license displayed on the site to to show it has been registered under USA nonprofit registry.

No Physical Address or About Us Details

The website lacks concrete details about the supposed loan company. There’s no business address listed, no About Us info or Policy page. The website is just a one page with just a telephone number listed to call an agent.

How To Block Relief Advisory Approval Department Scam Calls

Because this call can be repetitive and annoying, especially if you don’t fall for the bait of calling them back, we advise that you to block this number from calling you.

One of the best ways to block unwanted calls on a cell phone is to download a call-blocking app. A call-blocking app acts like a filter. The company behind the app uses call data or reports from users, the FTC, and other sources to predict which calls are illegal or likely scams. The app then intercepts those calls before they reach you. Some apps are free, but others you have to pay for.

To get a call-blocking app

• Go to the online app store for your phone’s operating system (iOS (Apple), Android, etc.) and look at ratings for different apps.
• Look online for expert reviews on call-blocking apps.
• Check out apps listed at ctia.org, a website for the U.S. wireless communications industry. The site lists apps specific to Android, BlackBerry, iOS (Apple), or Windows

How To Easily Detect Loan Scams

1. The lender isn’t interested in your payment history

Reputable lenders make it clear that they’ll need to look at your credit, sometimes getting reports from all three major credit bureaus (Equifax, TransUnion and Experian). Whereas scammers

2. Isn’t Registered or Licensed To Operate

The Federal Trade Commission (FTC) requires that lenders and loan brokers register in the states where they conduct business. If a lender you’re interested in does not list any registered states, it’s definitely a loan scam.

3. Asks for Upfront Fees

Financial institutions may charge a fee for your application, appraisal or credit report, but those charges are deducted from your loan.

4. The lender calls, writes or knocks

A reputable lender will not target you over the phone, through direct mail or through door-to-door solicitation.

5. The Website isn’t secure

When visiting a lender’s site, what you don’t see can be just as important as what you do see. Always look for:

1. A padlock symbol on any pages where you’re asked to provide personal information.
2. A URL that begins with “https” instead of “http” (the additional “s” stands for “secure”).

At best, the lack of these safety measures means that the lender isn’t concerned about the integrity of the site. At worst, it could mean that the lender is leaving your information exposed on purpose as part of a loan scam.

6. No physical address

If you don’t find any sign of a physical address, avoid the lender. Many loan scam operators would rather be untraceable so they can avoid legal consequences.

7. The lender pressures you to act immediately

Don’t fall for the urgency plea. One of the hallmarks of loan personal scams is giving you an immediate deadline to sign on for a loan because the offer expires quickly — possibly even the next day.

8. Guarantees approval

There are no guarantees when it comes to personal loan application approval — any company that suggests otherwise should cause you to think twice.

9. Lack of Transparency

 Legitimate lenders may charge application, credit report or appraisal fees. However, those fees will be clearly disclosed on the lender’s website.

Conclusion

Relief Advisory Approval Department Scam Call trick people into believing they’ve been pre-approved for a loan, then scams them with a fake processing fee. Don’t fall for their sham loan offer!

See similar scam here