Best Mortgage Clients Vicitms in Credit Scams
At Premier Nationwide Lending, we hear about identity fraud from our clients every day. New buyers and refinancers that rarely use their credit scores and expect to have perfect credit, find out without any warning signs that they have become a victim at the worse time. In 2012, about 1 million more adults fell victim to identity fraud than in 2011, according to the Javelin Strategy & Research 2013 Identity Fraud Report. That’s 12.6 million victims in the U.S. last year, or 1 every 3 seconds.
How To Prepare Ahead Before You Get a Home Loan
If you are looking to buy a home, sell a home, or refinance, it is very important that you look at your credit months ahead of time. This way, if there is any fraud on your report, you have time to reconcile the erroneous fraud lines before your time budget comes on your financing goals comes. You can apply online with us months before you are ready to proceed to check your credit and pre approve you for a loan.
Top Credit Scams Amoung the Credit Aflicted
While experts say anyone can become a target of identity theft and online scams, a few characteristics can make you more vulnerable. Here are some very popular targets in the market below.
1. Sweetheart Scams– Eager to find love online? You could become a victim of a “sweetheart scams,” with fraudsters trying to manipulate you into transferring them money or providing information to steal your identity.
2. Money-Muling Scams– Desperate to find a job? You may leap at the chance to earn money working from home. But if it’s for a boss you’ve only met online, you could be pulled into a “money-muling” scam.
3. Social Market Scams– Active social media user? If you share a great deal of personal information online, you could attract scammers. In fact, in its 2012 survey, Javelin reported that “LinkedIn, Google+, Twitter and Facebook users had the highest incidence of fraud, although there is no proof of direcausation.”
3. Elderly Easy Target Scams– Elderly? You may enjoy interacting with people online. Fraudsters hope this means you are overly trusting, making you easy prey to schemes.
Brad Lynch
Great article and definitely worth sharing!
Jim Striegel
Thank you for all the information. I will share as well on my social media sites.
Deanna lyn
This is very important information and a lot of good advice, thanks for sharing!
Casey Gardner
This is great information. My mother-in-law almost fell for the “sweetheart” scam. She started Googling them found one to be a real charmer. Very sad, but she caught on before it hurt her in more ways than one!
Veronica
Great info!
Tyler
this is great
Rachel
Great article! I know that people get scammed all the time. I wish more people could get help with this.
Be careful and watch your credit score!
Deborah
I’ll be watching my credit more closely. I have Legal Shield. This should at least warn me if something seems out of place.
Meli
Thanks for all the great information. Forewarned is forearmed!!
Dov Shapira
They stole my identity few years back.
Oh watta mess it was.
Thank you for this info
Daniele Holmberg
Great article about scams when buying homes! It is so scary
Robin
These scams are terrible… it’s like anyone with a need gets targeted… sheeesh, terrible.
Rob
I hate scams! its terrible that people do that..
Don Purdum
Great advice, thank you!!! This is such a huge issue.
tomsfoodieblog (@tomsfoodieblog)
This one strikes close to home for us, we gotten taken for scam based on friends recommendations. Great info on protecting yourself
Kelly
Its amazing how many people fall for these scams as well…