SBA Alerts Gulf Coast Disaster Loan Borrowers To Bogus Financial Service
Provider Notices
A number of Gulf Coast residents who received disaster loans from the
U.S. Small Business Administration after the 2005 hurricanes have received false or inaccurate loan default
notices from companies claiming to provide services to those facing financial difficulty. The letters falsely
suggest that foreclosure, auction or eviction actions are pending against the borrower.
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