Scammers offering no credit check loans and teachers feel exhausted by pandemic
CHICAGO (NewsNation Now) – Morning in America shines a light on communities across the country. Here are the headlines you should know for Tuesday, October 12.
Raleigh, North Carolina
The pandemic has put some people in a tight financial situation which has led scammers to offer people secured loans without a credit check. However, the people who fall victim to the scheme do not get a loan and end up paying the crooks.
It starts with a text or email letting you know you’re eligible for a loan, and it’s just in time because the bills are piling up.
“A lot of these scammers are using legitimate business names,” said Alyssa Parker of the Better Business Bureau of Eastern NC. “It looks like it’s increasing, but it’s not.”
Normally when you apply for a loan there are credit checks but these scammers don’t. This is the hook used to help you hang on. The criminals say they will send the loan money straight to your bank account and you can access it immediately, but no money ever gets there.
These scammers go after your money and explain it as something called “fees” or “insurance money for the loan”.
However, the “loan” check they deposit in your bank account bounces back and you lose the money you paid for the so-called insurance.
Here are some other ways to say this is a loan scam:
- You are obligated to act immediately
- They promise you guaranteed approval
- The website they are using is not secure. (It does not have a “lock” icon.
Parker said one way to verify the legitimacy of the person talking to you is to contact the company you are thinking of doing business with and ask if the person really works there.
Whatever you do, she says, don’t rely on a simple Google search, especially if it’s an unknown company. Fake websites and the advertisements that direct you to them can easily be placed in search results.
Additionally, Parker said to verify the origin of the email or text. Check the website itself: does it have a .com address?
Look for complaints about the company on official government websites and your state’s attorney general’s office as well as with the BBB.
Beware of unsolicited loan offers. If you do get one, take a step back and do your research first before moving forward.
Spartanburg, South Carolina
The South Carolina Teacher Education Advancement Consortium through Higher Education Research (SC-TEACHER) interviewed some of the educators in South Carolina who quit their jobs this summer.
They said about 48% of teachers surveyed left their jobs to teach in another school district.
Tommy Hodges, director of SC-TEACHER and acting dean of the College of Education at the University of South Carolina, said the convenience of the workplace, relocation, decision to retire and dissatisfaction with administrators schools were often cited as the most important reason for a leaving teacher.
Hodges told the Education Oversight Committee they saw a trend in which COVID-19 was exacerbating the frustrations of already discouraged teachers, resulting in extremely high emotional exhaustion.
He also said that COVID-19 itself had not led to a mass exodus of teachers.
“Teachers did not leave because of concerns about their own health, but rather for the sake of efficiency due to the COVID-19 pandemic,” Hodges said.
Senator Greg Hembree, R-District 28, said making sure new teachers are better prepared for the classroom could help them stay there.
“I absolutely believe that the first thing we can do in South Carolina to make real improvements is to develop better leaders and teachers,” he said.
In addition to efficiency, Hodges said teachers cited lack of support from their school board and the community at large as the reason for quitting their jobs.
Those who have left the profession for good cited higher salaries, the availability of full-time teaching positions and smaller class sizes as important factors in considering a return to teaching.
Before the start of the 2020-21 school year, the Center for Teacher Recruitment, Retention and Advancement (CERRA) reported that nearly 6,000 teachers have left their posts. 677 additional educators left their jobs from October 2020 to February 2021.