I applied for a loan on a couple websites online and was denied all of them. The next day I received numerous repeated calls from this number and others, always the same man and voice, which sounds of indian descent, claiming to be able to get me up to 7000$ in loans. Even after repeatedly telling him that all my loan attempts were denied and that this must be a scam or spam, he was audibly relentless in convincing me that he had already phoned my bank, had my application, and that cancelling the process would be $500. That's when I turned off my phone. Nothing has happened regarding my account.
Lesson: Do not apply for loans online, always try locally and at your bank. Your information is passed off to several loan companies that may or may not be legit and will use insufferably annoying tactics to get your attention and scare you. They will not listen to reason or anger. Just don't answer the phone.