Fraud can come in a number of different forms including identity fraud, investment scams, mortgage fraud and title fraud. If someone steals your cell phone you may encounter wireless fraud. Fraud means misrepresenting yourself or some fact about yourself to gain something unlawfully. Read, watch and listen to Think Glink content to learn about the different kinds of fraud and how to protect yourself.
Simplifying Home Closing
When you and the seller are ready to exchange a deed for cash, it's time to head to the closing. If it's your first purchase, you might find the whole closing process to be a bit daunting, but it doesn't have to be
Sellers: Beware Of Scammers During Open House
When you're selling your home, you may decide to hold an open house. It's important to hide your personal belongings because some open houses attract thieves who will steal valuables from the home seller. Learn what kinds of scams to watch out for when you're selling your home.
A Borrower’s Rights And Responsibilities
Lenders who charge excessive fees. Lenders who tell you your loan application won't be approved if you don't buy high-priced credit insurance. Lenders who tell you your credit isn't good when it is. These are some of the characteristics of predatory lenders -- bad apple lenders who prey on unsuspecting or unsophisticated borrowers.
Dealer Lied About Used Car
If you buy a used car, it's your job as a consumer to find out the facts. Dealers may not be honest when it comes to used car purchases. Here's how to do the research on your next used car purchase.
Fraud Alert Could Help Protect Credit
Having a fraud alert on your credit history can make it difficult to gain access to your credit history and credit score. Someone who steals your identity would not be able to open up new credit cards, buy a car or get a mortgage, because the lender would see the fraud alert at the bottom of your credit file. However, a fraud alert wouldn't stop a thief from using one of your existing credit cards to run up your bill.
Watch Out For Credit Scams
Credit repair scams are easy to avoid - if you know what to watch out for. Avoid anyone promising an easy way out or something for a flat fee. It's most likely a scam, or something illegal.
Financing Options Include ARM Mortgage Loan
Choosing the right type of financing depends on factors such as interest rates and how long you intend to stay in your home. If you're financing or refinancing and interest rates are high, it may make sense to get an adjustable rate mortgage (ARM). Learn also about financing with a fixed rate loan.
Home Buyers And Homeowners: Mortgage Questions To Ask Your Lender
There are several mortgage questions that home buyers and homeowners should ask their lenders before filling out their applications. Most home buyers and homeowners don't know what they're getting into when they finance or refinance their homes with a mortgage, and handing that application in to your mortgage lender without knowing what you're signing could get you into trouble. One important question home buyers and homeowners should ask their mortgage lender is how their credit will affect the mortgage loan's interest rates and terms.