Today, I'm going to give you more information on how to check if an online digital loan business is a scam.
✅ First, check if there is a real license by matching the name. From the two links below, you can search for each officially licensed loan company. Don't believe every license picture.
📌 Microfinance Enterprises (MFI)
https://frd.gov.mm/?page_id=1146&lang=en_US
📌 Financial Institutions (NBFI)
https://www.cbm.gov.mm/content/finance-companies
✅ Check the FB page. Do you specify the exact address? Check if there is a website first. Please contact me if the phone number is shown. Send a message and ask if you need to pay in advance. Please don't send your information, registration, census, etc. first. If you pay in advance and say that it's only on the interest service fee margin, you're definitely a liar. Don't continue.
✅ Go to https://www.google.com/maps and search for the company name and the same address shown on the FB page.
✅ Check from which block the FB page was created. Don't believe if it hasn't been over for a long time. If it's a fake FB page, I can't stand it for long.
✅ Check how many FB page followers and likes there are in detail. A fake account will never have hundreds of thousands of followers/likes.
✅ Read FB page reviews. Find out how many people have recommended it. Don't trust me if the scammers disable reviews on their FB page and you can't log in.
There are still people who are being cheated every day. To tell the truth, the only thing that has happened so far is that I was being lied to because of my weakness. No need to ask if anyone is lying. If he is a liar, he will never admit that he is lying. They are cheated because of their greed and ignorance and lack of focus. If you carefully check and study, you can easily tell if it is a lie or not. If you don't want to be scammed, apply for a loan through the Mobile App. Then your information is safe without being hacked. If you don't pay back the loan, it's a kind of thing. Try not to get it. If you want to get a loan, take the time to study and make a decision and then focus on practical implementation.