A new robocall scam has emerged that aims to steal your personal and financial information by posing as representatives from First Premier Bank’s lending department. They are calling from different phone numbers like 833-409-3856 and dozen of other spam numbers starting with 833 or 844.
Exposing the First Premier Lending Deceptive Loan Offer Scam
This scam involves fraudsters contacting people unsolicited under the pretense of being from First Premier Lending, a legitimate financial institution. The scammers claim you’ve been preapproved for a loan or debt consolidation service worth thousands of dollars – one you never applied for in the first place.
In order to supposedly process the “approved” loan, they then request sensitive personal information like your full name, social security number, bank details, employer information and more. Their real intent behind seeking such confidential data is to commit identity theft and drain your financial accounts.
Many vulnerable Americans have already been duped by this exploit, suffering privacy violations, monumental financial losses, and credit score devastation. Being able to recognize how this deceptive scam works is key to avoiding manipulation.
How the Fraudulent Loan Offer Robocall Happens
The scammers operate using clever social engineering techniques intended to mislead recipients. Here is a breakdown of how the deceitful scheme typically plays out:
- You receive an unsolicited phone call from an unknown number. The caller identifies themselves as being from “First Premier Lending” and informs you that you’ve been preapproved for a $5,000 personal loan despite never having applied for one.
- In order to supposedly set up direct deposit for the “approved” loan amount into your bank account, the agent requests confidential info like your SSN, bank details, employer name, annual income and more.
- Once you confront the caller and make it clear no such loan application was made, they turn aggressive and threaten legal action or penalties for “defaulting” on payments. Others may persist with frequent calls from different spoofed numbers.
- If you eventually yield to the coercion tactics and provide financial account numbers, the criminals will leverage this data to directly steal money. They may also sell your SSN, DOB, etc. on the dark web.
- With enough sensitive personal data secured, the fraudsters can fully assume your identity. They can take over existing accounts, open new fraudulent ones, file fake tax returns and commit other serious crimes.
This ongoing scam exploiting First Premier Bank’s brand has already affected countless victims, but learning to recognize red flags early on can help consumers avoid being manipulated.
Key Signs of a Fraudulent First Premier Loan Offer
While the scam calls may sound legitimate and convincing initially, several core signs can expose their fraudulent nature:
- You receive an unsolicited loan approval: Random loan/credit approvals from unfamiliar companies should raise suspicions.
- Threats and coercion: Genuine lenders never intimidate, but scammers do to get compliance.
- Requests for personal data: Asking for confidential information like SSN and bank details before approving a loan or credit is a massive red flag.
- Spoofed caller IDs: Scammers disguise their real numbers with fakes that appear credible. Independently look up and verify contacting company numbers.
- Persistence and harassment: If agents keep calling frequently from different numbers despite outright rejections, it points to a scam attempt.
Reporting Scam Calls to Protect Yourself and Others
If you ever receive an unsolicited suspicious call:
- Hang up immediately
- Block the phone number
- Report details to the FTC, FCC, local law enforcement, First Premier Bank and contacts on social media to expose the criminals. This can help prevent others from being defrauded.
- Monitor your credit reports and financial statements closely for any fraudulent activity
What To Do If You Already Shared Your Information to Fake 1st Premier Lending
If you already provided personal details and had your identity or money stolen:
- Contact your bank and credit bureaus
- Place security freezes on credit reports
- Change online account passwords
- File an identity theft report with the FTC
- Continuously monitor credit reports and bank statements
By recognizing the hallmarks of this scam early and exercising caution around sharing private data, you can protect yourself from fraud in the face of such predatory robocall schemes.
