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Loans and liquidity: beware of financial abuse

The Organization of Agents and Mediators (OAM) launches an anti-fraud campaign. And invites young people to the profession - Here's how to defend yourself against fake mediators

Loans and liquidity: beware of financial abuse

Those in need of liquidity must rely exclusively on financial operators with the credentials in order, to avoid incurring wrong operations if not in scams. The rule is valid in general but it is even more so in periods of severe economic crisis such as the one that is going through the whole Western world and beyond. For this reason, OAM, the body of financial agents and credit brokers, chaired by Antonio Catricalà, has launched an information campaign. Focus of the campaign is the claim"Loans are not all the same”. The goal is to make people understand the importance of relying only on Agents and Mediators registered with the OAM to avoid the risk of ending up in the hands of a credit abuser, with potentially very serious consequences.

In fact, it can happen to be approached by people who offer loans that cannot be realized or which, if obtained, cannot be repaid. “It is instead absolutely necessary – underlines Federico Lucchetti, general manager of OAM – that the consumer verifies that the subjects with whom he comes into contact are Agents in financial activity or credit brokers, registered with the Organism”. Anyone who wants to check can go to OAM site and consult the list of registered promoters for your greater security.

However, the campaign promoted by the body of financial agents and brokers is not aimed only at consumers but also at young people who want to embark on a career in credit brokerage, a sector destined to grow. There are two paths to follow and they require passing an "examination test" or an "assessment test" depending on the chosen path. To date, Oam members are around 20 with a significant growth rate. In 2019, 7.698 checks were carried out, with 596 sanctions.

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