To avoid personal loan scams, don’t choose a lender that charges excessive closing costs or with lenders that are more concerned with a profit margin than with helping you. You should also not choose a lender that refuses to communicate with you or who isn’t willing to answer your questions.
Legit lenders will always be willing to help you and will ensure they are there for you every step of the way. They will also have credentials listed online to show they’re legit.