October 20, 2021
Business

BBB warns of eviction scams after moratorium gets extended

ROCKFORD (WREX) — The Better Business Bureau is providing warning against scams related to evictions.

The Centers for Disease Control and Prevention has issued a new moratorium on evictions that would last until October 3 earlier this month.

Despite the extension, experts say you need to be aware.

“As the eviction moratorium winds down, watch out for scammers offering loans, peddling credit repair services, or promoting government programs,” says Dennis Horton, director of the Rockford Regional Office of the Better Business Bureau. “These cons are a way to trick desperate people out of money they don’t have.”

A BBB Scam Tracker report describes a situation more people will likely encounter as the eviction moratorium nears. A scam victim told the BBB that they had been in a desperate financial situation for a few weeks now, so they had been…

Read full article here: wrex.com