Fake Loan Offers and Upfront Fees: Spotting Loan Fee Fraud Before You Pay

When money is tight, an offer of a quick loan can feel like a lifeline. Loan fee fraudsters ask for an upfront “fee” and then disappear. This course explains how the scam works, the warning signs set out by the Financial Conduct Authority (FCA), how to check a lender and where to get free help with money worries.

Tutwoo is an independent learning provider. This course gives general information written from published official guidance for older people and the families who help them. It is not legal, medical or financial advice. Rules can change, so check the official websites listed before you act.

© 2026 Tutwoo UK Limited. This course was created in-house by Tutwoo and is our original work. It is for your own learning only: please do not copy, share, record or resell it.