When you go to an online personal loan site, find out if it’s safe to start the application process on it.
” Because of the Internet and online activities, you are taking full risk whenever you share sensitive information about yourself, your family or your finances. Find secure sites “
Many personal loan websites are secure, when you enter your information they will remain safe, but often where that personal information is poorly protected, stolen or misused.
For these reasons, it is important that you learn how to protect your information and keep it safe even when you are out of the online environment.
A huge amount of sites, applications and platforms are offering in abundance all type of personal loan, consignado and credit with restriction, loan for negativados, everything done by Internet. Let us presume that some are safe and some are not.
We are saying this, just because in the middle of the wheat always has the tares, and in the aftermath of loans what else has is tares. There are some fraudulent websites that try to get the money and information from inattentive users.
It really is not difficult to know which are the reliable, secure and legitimate sites with which you can do business without fear or insecurity. But you need to arm yourself with the right information to know how to identify trusted sites.
How to Protect Your Information When Borrowing Online
- You should always be careful before sharing your personal information, whether you are online or offline. There are ways to protect your information while you browse the Internet or do business with online financial services and products.
- Learn to Pay Attention to Fraudulent Sites – You should always make sure you know who you are sharing your information with before you start distributing your numbers and personal information. Familiarize yourself with the signs of reputable sites and fraudulent websites. For example, a reputable and trustworthy website will never ask you to pay in advance to give you a loan.
- Encrypted data – Make sure your browser is secure. To protect online transactions, you must use encryption software. This basically shuffles any information you send over the Internet. Pay attention to the websites for which you are applying for a loan and always check the status bar for a “lock” icon. This informs that the site is secure and that your information can be relayed securely.
- Protect your passwords – Always create a strong password, especially for websites where you deal with financial deals, including sites where you apply for a loan online. A strong password can help protect your information from being stolen or hacked.
- Be careful on social networking sites – Be cautious about what you put on social media sites. If you put too much of your personal information out there, it is easier for an identity thief to get them and use them to try to gain access. Never post your full name, CPF number, address, telephone number, or any account number publicly on these sites. Placing too much personal information may allow someone else to have access to answers to answer questions used to protect their accounts.
Is it safe to tell my CPF to apply for an online loan?
To protect your identity, you must closely monitor your personal identifications and be cautious about who will use them. Some financial institutions only use to do identity checks and credit analysis.
In these cases, it may be possible to use an alternative form of identification. Here are some questions you should ask before you enter your identification numbers and documentation for a website:
- Why do they need your CPF, RG, CNH etc. number?
- How will they use this ID data?
- How will they protect your personal information?
- What happens if you do not release your CPF number to them as an example?
Finally, in North America, but specifically in the United States, identity theft is very serious, the concern with the SS getting to be paranoid, here in Brazil, the corresponding document is the CPF, however, it is not so important such as the “Social Security Number” for several reasons.
Either way, we do not give too much credit for this kind of problem (identity theft) until it comes up to the person. But you can choose whether or not you want to share your CPF number or any other.
However, you should remember that if the lender requires the CPF number for tax purposes (IOF payment) or other reasons, they may deny granting the services or provide benefits to you if you do not provide the necessary identification.
A company can ask for your CPF number to verify your credit before granting the loan, renting a property, apartment or when you apply for a public service.
Other Ways to Protect Yourself When Applying for Internet Loans
In most cases, the sites are legitimate and it is okay to share the necessary information with a website to get a new loan, either on consignment or loan without even consulting.
Applying for a loan is a very simple and quick process. You get approval in minutes and release of money in up to 24 hours. Of course it has lenders that the terms are longer depending on the lender and their credit policies.
However, it is important to note that there are websites that do fraud on the Internet, attack people who urgently need money, especially those who have the name with restriction and are negative. They know that anyone who needs quick cash is easier to fool by despair or anxiety. They are always ready to take advantage of it.
When you access a personal loan website online, there are a few things to arrange before you start the application process. The first is to keep your information secure. Here are some things to note:
Know your credit score, know what you have negative record on your credit report. It is best to check before applying for the loan. Some online loans do not consult Serasa, SPC and SCPC to verify your credit, they consider this information irrelevant to approve the loan application, but it is still a good idea to know in which foot walks your name and CPF.
- Check your confirmation email to verify that it is from the same domain and the same company name, not an email address like Bol, Earth, Hotmail, Gmail or Yahoo.
- Remember to look for the padlock in the navigation bar, indicating that the information is transferred securely and the site is secure.
- If your browser warns you that a site has a security certificate expired or that the site you are typing is not secure – do not trust it.
One of the most common scams that happen is a website getting well positioned as a true business website and then tries to convince you to send money to them before releasing the loan. Requesting advanced fees is the most authentic sign that the website is dishonest.
You do not have to send cash to cover any expenses like ” surety bond “, ” credit insurance “, ” guarantor ” or the first installment payment of the loan in advance.
If you are asked to send money using a prepaid card, gift card, or money transfer, do not proceed with the online loan application from this site. Legitimate lenders do not work this way.