How to Recognize if a Cancer Charity is a Scam

The loved ones of a patient who has cancer understand the severity of the diagnosis. Often, they want to help their friend or relative in any way that they can, including donating money to lessen the financial burden of pricey treatment options.

Sadly, others wish to profit off of the pain. Recently it was reported that four sham cancer charities bilked more than $187 million from consumers, telling donors that their money would help cancer patients.

Here at LifeCredit, we are committed to offering financial assistance to cancer patients and also to their families. In our ongoing dedication to you, we want to provide the latest news and info on financial options for your treatment. Here are four ways to find out if a charity is a scam.

Do Your Homework

It’s critical to find out as much information as you can on an organization’s background. Check out their website, social media pages, and if they are accredited to any well-known cancer groups. Call your local Better Business Bureau Wise Giving Alliance to see if the charity is legit. Get any info you can, and then get some more.

Examine the Company’s Finances

Debunk a charity group by closely scrutinizing their finances. Check their webpage to see what hospitals or treatment centers they say they are raising money for, and then follow up with the mentioned institutions to see if they are actually receiving the funds.

Unsolicited Donations

It’s a good rule of thumb to never respond to unsolicited donations via email, text message, phone or social media. If a telemarketer calls you and asks for a donation, request that they send you written information about the charity. Also, never give your financial info to a telemarketer.

LifeCredit has Your Back

Our team relentlessly provides support and information to help cancer patients and their loved ones. If you want to learn more about our financial assistance, contact us today.

Life Credit Company

We are a licensed consumer lender that is dedicated to providing financial assistance for patients who are facing serious illness. With a Living Benefit Loan, from Life Credit Company, you can receive up to 50% of your life insurance policy’s death benefit today. Whether you need to catch up on medical bills, consolidate debt or take your family on a dream vacation, this is your money to spend without restrictions. If you have at least $75,000 of life insurance and have been diagnosed with cancer or other serious medical condition, you may qualify for a loan. Contact us today to speak with a professional counselor who is standing by to assist you.

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