Country Wide Mortgage Watch Out For Advance Fee Loan Scams (WTVQ Lexington) by Florida Mortgage

Tue, 30 Sep 2008 19:00:12 -0600

Country Wide Mortgage Watch Out For Advance Fee Loan Scams (WTVQ Lexington)

by Florida Mortgage @ Tue, 30 Sep 2008 19:00:12 -0600

Turned down ...people with no credit or bad credit who need money but can't get a . We're taking action to warn you about advance fee loan scams.  The crooks behind the scheme's prey on the most vulnerable consumers who can least afford to lose any money...The following advice comes from the Federal Trade Commission (FTC): Looking for a loan or credit card but don’t think you’ll qualify? Looking for a home mortgage usually involves you, your money, and a bank officer or a mortgage broker. So what's the big deal? You ask. The end result is the same - you get a mortgage; you get a new house. But these two job types are different and it is important that you at least understand that difference.


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