Stay Away from Scams | Debt Consolidation Part 8
Con artists everywhere
As is the case with mortgage loan modification, any time there is an increased demand for a financial service, scam artists come out of the woodwork. There is always someone looking to prey on desperation and anxiety if it can help them make a buck.
Debt consolidation is no [...]
More Signs of Mortgage Aid, Foreclosure Rescue Scams
Con artists adapt to savvy public
The FBI and the general public are aware of several mortgage aid scams that con artists tried to conduct during the beginning of the housing crisis. The White House posts warnings against many of these at makinghomeaffordable.gov, the federal Foreclosure Prevention Plan Web site.
But, of [...]
Don’t Get Scammed! Loan Modification Part 5
Con artists seize opportunity
Many people who want to take advantage of the federal Foreclosure Prevention Plan will need a professional to guide them through the process. There is a dearth of legitimate operations out there to provide people with this kind of help.
There are also plenty of con artists who [...]
SCAM WATCH: Don’t Buy into Economic Stimulus Cons
Scams spring up promising stimulus
If you spend a lot of time on the Internet, you have probably seen the ads promising you can “get your $12,000 stimulus check!” Many even feature a picture of Barack Obama.
The Federal Trade Commission has a message for anyone who has thought of clicking on [...]
Scam Watch: Don’t Get Duped into Fake Mortgage Relief
Bad news: It could be worse
It’s cruel, but true: Scam artists view struggling homeowners facing foreclosure as money-making opportunities.
There are lots of organizations out there right now trying to help modify loans for people who can’t keep up with their mortgage payments. Unfortunately, there are con artists out there imitating [...]
Payday Loans Can Help | Scams Will Hurt | Part I
There are many options, like payday loans, to help people who are going through rough financial times. Unfortunately, while some institutions seek to help those hurt by the recession and the economy, scammers and con artists will no doubt continue to try to take advantage of those people.
Think you can [...]
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