Posts Tagged ‘Money Scams’

Protecting Your Money: Avoid Foreclosure Scams

Saturday, November 20th, 2010

Protecting Your Money: Avoid Foreclosure Scams

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Learn About Foreclosure And Surplus Money

Thursday, January 28th, 2010

Scams that promise to “rescue” you from foreclosure are popping up at an alarming rate nationwide, and you need to protect yourself and your home.

If you’re falling behind on your mortgage, others may know it, too — including con artists and scam artists. They know that people in these situations are vulnerable and often desperate. Potential victims are easy to find: mortgage lenders publish notices before foreclosing on homes. Private firms frequently compile and sell lists of these foreclosed properties and distressed borrowers.

After reading these notices, con artists approach their targets in person, by mail, over the telephone, or by e-mail. They often advertise their services on television, radio, or the Web, and in newspapers, describing themselves as “foreclosure consultants” or “mortgage consultants,” offering “foreclosure prevention” or “foreclosure rescue” services. And they are only too happy to take advantage of homeowners who want to save their homes.

If someone offers to negotiate a loan modification for you or to stop or delay foreclosure for a fee, carefully check his or her credentials, reputation, and experience, watch out for warning signs of a scam, and always maintain personal contact with your lender and mortgage servicer. Your mortgage lender can help you find real options to avoid foreclosure. It is important to contact your mortgage lender early to preserve all your options.

There are legitimate consumer financial counseling agencies that can help you work with your lender.
This Consumer Advisory, issued by the Office of the Comptroller of the Currency (OCC), describes common scams, suggests ways to protect yourself, provides information on U.S. government loan programs and counseling resources, and lists 10 warning signs of a mortgage modification scam.

Common Types of Scams
Here are some examples of scams related to mortgage modification and foreclosure avoidance.

• Foreclosure “rescue” and refinance fraud. The scam artist offers to act as an intermediary between you and your lender to negotiate a repayment plan or loan modification and may even “guarantee” to save your home from foreclosure. You may be told to make mortgage payments to the scammer directly — along with significant, up-front fees — and be told that the scammer will forward the payments to your lender. In reality, the scammer may pocket your money and leave you in worse shape on your loan. The scam artist also may tell you to stop making payments or stop communicating with your lender. Don’t follow that advice.

Remember that your mortgage lender should be the starting point for finding options to avoid foreclosure. You also should consider contacting qualified and approved credit counselors.

• Fake “government” modification programs. Unscrupulous people may claim to be affiliated with, or approved by, the government or may ask you to pay high up-front fees to qualify for government mortgage modification programs. While government-supported mortgage modification and refinancing initiatives are legitimate, the scam artists’ claims are not. Keep in mind that you do not have to pay to benefit from these government programs. All you need to do is contact your lender or loan servicer.

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Make Money EBook Scams Exposed

Wednesday, July 1st, 2009

How to Really Make Money From Home Fast and Easy

As someone who publishes and sells eBooks, you can believe I have come across my share of scams. The bottom line is that there is a huge audience for people that want to make money online, and you have to be extremely careful who you listen to. A vast majority of those claiming to make money on the Internet have never made a dollar, let alone created their own product. I have compiled a simple list of ways you can easily spot whether a product related to making money is a scam, or if it is completely legitimate.

However, even though you can make money online fast and easy, it does not mean that you will be making thousands of dollars within a week or a month, it means that you can start seeing actual results really fast.

However, a closer look will show that, like any other hardworking pro, high earning bloggers do not just find their blogs falling into a great big pile of cash. Instead these bloggers work hard at getting their work recognized, applying all the tools to get them noticed, and selling their blog to both the public as well to the business sector.

This may not sound like much, but the thing is that when you see this figure turn up in you account, you have the certainty that what whatever you did to get such result is working and from there all you have to do is replicate it several times over to create a significant stream of income. How fast and how easy you make money online will depend on several factors:.

One such product I have been hearing a ton about is called the “Reverse Funnel System” which screams scam from the first time I read the title. Doing a bit of research, I discovered that the end objective of this eBook is to set you up to sell timeshares! Are you kidding me?.

The tools and resources you use to build your business, because unless you where born with an unlimited knowledge base imprinted in your brain, you will need education and assistance in order to do what you need to do.

Resource Author Francisco Rodriguez Higueras online juegos Trabajo Empleo

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