Better Business Bureau (BBB) is warning consumers to be cautious of phishing scams involving fake banks and loan processing companies. These calls often come from individuals posing as representatives from legitimate financial institutions, claiming to need personal information to finalize a loan or verify account details. In many cases, victims report receiving multiple calls per day from different numbers, with nearly identical voicemail messages. The callers claim they’ve been trying to reach you about your loan application or offer a low-interest loan that needs “final approval.” They often provide a callback number and an application ID to appear more convincing.

The goal? To trick you into sharing sensitive information like your Social Security number, bank account details, or inco

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