Identifying Money Lending Scammers..

[Zane Bradshaw]

HI, I want to know what to lookout for in money lending scammers.. 

I have recently contacted an agency, their English is not the greatest, but they are an international company. Their loaning amounts are from $5000 to $100000. Interest is 5%. I presume they are hard money lenders, since when I asked they verified that I would only have to pay the interest monthly, and then the bulk in the end. They don't require any deposit or down payment at all, but they want all my details.. 

Something about this deal just seems fishy to me. What do you guys think? Is 5% for an international lender normal? 

People I've spoken to have suggested it sounds like a scam, because the company just wants my details, then apparently they are going to create a fake identity in my name, and put me in debt.. Is that possible with just my standard details?

Let me know if you guys think it's a scam.. Thanks

[Jay Hinrichs]

they can and will ask for some small money on the second or third call or step of the program.

this is 100% NOT REAL

there are NO LENDERS doing 100% loans at 5%  I can't even get 5% from my banks on full doc loans I do .. 

they can and will steal your indentity as well.

stick to local HML or lenders you can meet in person and have personal references...

OFF shore bad english etc etc all HUGE RED FLAGS Caveat Emptor