The Federal Deposit Insurance Corporation is not calling consumers to collect on their loans. According to an FDIC alert, there have been phone calls from individuals pretending to be the FDIC.
The FDIC inherits most of the bad loans in bank failures, said it does not call consumers about making loan payments.
Its warning said “suspicious telephone calls” are seeking payment on a delinquent loan or personal information under the guise of the FDIC.
“The caller attempts to authenticate the claim by providing sensitive personal information such as name, Social Security number and date of birth, supposedly taken from the loan application,” the FDIC alert said. “The recipient is then strongly urged to make a payment over the phone to ‘avoid a lawsuit and possible arrest.’?”
If the calls aren’t outright attempts to rake in money, they are at least evidence of attempted identity theft. The FDIC alert suggests anyone getting such a call should contact one of the major credit reporting companies and look for signs of fraud.
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