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You are here: Home > Finance > Loans > Online Credit and Mortgage Scams: Was Your Loan Sold to a New Bank? |
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Casual Articles - Online Credit and Mortgage Scams: Was Your Loan Sold to a New Bank?
Is Virtual Web Hosting The Best Choice for Your Small Business Website? ly official, as if from a well-known lender, bank, credit card, or online auction company. These emails ask for sensitive financial information such as Social Security numbers, passwords, or account information. As with the other scams we've mentioned, the key is to remember that legitimate companies don't send emails asking for such personal information.With virtual web hosting, you get a professionally managed server at an affordable price. This type of hosting is particularly good for smaller ecommerce websites or sites that are made up of mostly static pages.Hosting companies that offer virtual hosting have their own technical support teams that take care of any problems for you. Even novices with little or no technical skills can use these services to host their website.< Eliminate Your Mort Fix Your Credit in 24 Hours
The first is a new twist on an old scam: an offer to fix your credit in twenty-four hours. In this scam, scammers promise that all your credit problems will be resolved in one day. It's a ridiculous promise, and one that can't possibly be fulfilled, no matter how much you're willing to pay. Fixing your credit can only be done over time and with serious effort. Mortgage Website: Apply for a No Interest Loan Today
The second scam is more sophisticated, and involves fake mortgage websites. These sites are often very slick-looking and meant to mimic those of genuine mortgage lenders, but their sole purpose is to steal your personal information. Since they look so real, these sites can be dangerous. Besides landing on one of these sites, you may get an email inviting you. Email: Great Deal on Credit Cards
A third common strategy is called phishing, which is an even more sophisticated tactic, since the email itself is designed to look completely official, as if from a well-known lender, bank, credit card, or online auction company. These emails ask for sensitive financial information such as Social Security numbers, passwords, or account information. As with the other scams we've mentioned, the key is to remember that legitimate companies don't send emails asking for such personal information. Eliminate Your Mortg Fix Your Credit in 24 Hours
The first is a new twist on an old scam: an offer to fix your credit in twenty-four hours. In this scam, scammers promise that all your credit problems will be resolved in one day. It's a ridiculous promise, and one that can't possibly be fulfilled, no matter how much you're willing to pay. Fixing your credit can only be done over time and with serious effort. Mortgage Website: Apply for a No Interest Loan Today
The second scam is more sophisticated, and involves fake mortgage websites. These sites are often very slick-looking and meant to mimic those of genuine mortgage lenders, but their sole purpose is to steal your personal information. Since they look so real, these sites can be dangerous. Besides landing on one of these sites, you may get an email inviting you. Email: Great Deal on Credit Cards
A third common strategy is called phishing, which is an even more sophisticated tactic, since the email itself is designed to look completely official, as if from a well-known lender, bank, credit card, or online auction company. These emails ask for sensitive financial information such as Social Security numbers, passwords, or account information. As with the other scams we've mentioned, the key is to remember that legitimate companies don't send emails asking for such personal information. Eliminate Your Mort Mortgage Website: Apply for a No Interest Loan Today
The second scam is more sophisticated, and involves fake mortgage websites. These sites are often very slick-looking and meant to mimic those of genuine mortgage lenders, but their sole purpose is to steal your personal information. Since they look so real, these sites can be dangerous. Besides landing on one of these sites, you may get an email inviting you. Email: Great Deal on Credit Cards
A third common strategy is called phishing, which is an even more sophisticated tactic, since the email itself is designed to look completely official, as if from a well-known lender, bank, credit card, or online auction company. These emails ask for sensitive financial information such as Social Security numbers, passwords, or account information. As with the other scams we've mentioned, the key is to remember that legitimate companies don't send emails asking for such personal information. Eliminate Your Mort Email: Great Deal on Credit Cards
A third common strategy is called phishing, which is an even more sophisticated tactic, since the email itself is designed to look completely official, as if from a well-known lender, bank, credit card, or online auction company. These emails ask for sensitive financial information such as Social Security numbers, passwords, or account information. As with the other scams we've mentioned, the key is to remember that legitimate companies don't send emails asking for such personal information. Eliminate Your Mort Eliminate Your Mortgage in Seven Months Another scam offers to completely eliminate your mortgage in as little as seven months. The email promises that you can use certain loopholes in the law to rapidly eliminate your mortgage, but it's not possible. Although the concept is tempting, it's not real, so don't fall for this scam. Your Mortgage Bought by New Bank
In the fifth tactic, scammers send out official-looking emails that tell consumers to begin sending their mortgage payments to a new lender. If you get such an email, don't respond. If you follow the directions in the email, you'll only find yourself sending your money to the scammer's bank account. If you have any questions about possible changes to your mortgage terms, call your lender directly and ask. Although loans are often sold to investors and lending institutions do sometimes change names, you'll never be notified of changes via email. If you believe that you've been victimized by an email consumer scam, you can file a complaint at www.ftc.gov. You can also visit www.consumer.gov/idtheft if you think your identity has been stolen or compromised. As a precautionary measure, you can further minimize your risk of becoming a victim of identity theft by ordering a free copy of your credit report from one of the three major credit bureaus once a year. However, your first line of defense will always be NOT responding to the various email scams you receive in the first place! Copyright © 2006 Jean
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