How To Steer Clear Of Loan Modification and Mortgage Relief Scams

How To Steer Clear Of Loan Modification and Mortgage Relief Scams

Internet scammers have found a way to prey on those upside down on their mortgages.  If you are looking for information on loan modification or mortgage relief, then you certainly don’t need any more financial trouble in the form of an internet scam.  The California Department of Real Estate (DRE) has issued a new consumer alert, in hopes that borrowers will be more careful in their internet searches on the subject.

If you are looking for relief, you should make sure to follow a few simple rules before conducting an internet search.  First and foremost, don’t pay an upfront fee for any relief service.    Be careful of testimonials, and completely disregard anything that guarantees results.  Here’s a tip: Don’t hire any loan modification assistance service at all.  Instead, get it done yourself.  You can get a loan modification all by yourself, and in nor hiring assistance, you won’t only save money, but the trouble of possibly getting scammed as well.

If you want to do some internet research, go ahead and do it.  There is a lot out there that can help you, including good advise that might save you money.  But when it comes to initiatives like mortgage relief and loan modification, that could heavily impact your wallet and your life , take the reigns on your own and save yourself the trouble.


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