This online offer of a $5,000 stimulus loan is too good to be true because it’s notThere are no stimulus loans as described in a Facebook post. The offer proclaimed on Facebook seemed too good to be true: Apply for a stimulus loan, and $5,000 could be yours!It featured a photo of President Joseph R.
This post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. The"apply now" button on the post led to a site called"American Funds Assistance." The site says it collects personal information to help them obtain personal, business, and other types of loans from various funding sources. The site may be offering to connect people with lenders, but they aren’t stimulus loans from the government.A spokesperson from the U.S.
The U.S. helps other countries, not their own citizens.