Overview
- Fonacot issued a public advisory telling formally employed workers to process all credit requests directly through the institute and not through third parties.
- The institute says it has no authorized agents, representatives, or independent advisers and that every Fonacot procedure is personal and free of charge.
- Fonacot warned that intermediaries who promise larger or faster loans in exchange for deposits or commissions are running scams that can lead to financial loss and identity exposure.
- To help workers avoid fraud, Fonacot published secure contact points including www.fonacot.gob.mx, a national toll-free number, verified social accounts, and a list of state offices for in-person service.
- Fonacot’s notice restates a long‑standing rule meant to curb so‑called “coyotes” and protect borrowers, which could reduce reports of credit fraud and data theft if workers follow the official channels.