Cavan Monaghan Garda Division issues warning about online loan scams

The Cavan Monaghan Garda Division has issued a warning about online loan scams.

It comes after a resident in the region was targeted by online scammers.

The victim visited a website that promised instant money on receipt of an online application.

Within minutes the loan was approved and the victim was asked for a considerable fee in advance, which was paid.

The applicant went on to lose the fee and never received the loan.

The Gardaí are warning people to only avail of an online loan from a listed company or website.

You can check if a company or website is legitimate by checking the Central Bank of Ireland website to make sure the company or website is listed.