New Campaign Offers Educational Materials to Fight Loan Modification Scams

 · Wells Fargo Is Accused of Making Improper Changes to MortgagesWells Fargo Is Accused of Making Improper Changes to Mortgages. But in a letter to the Perezes dated Oct. 10, Wells Fargo said their loan was “seriously delinquent” and offered them a trial loan modification. “Time is of the essence,” the letter stated.

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of a vigorous national campaign to strengthen the fight against loan modification scammers, the Lawyers’ Committee for Civil Rights Under Law (Lawyers’ Committee) today launched www.PreventLoanScams.org .

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This individual is interested in getting a loan modification and has gotten an offer for help. The dilemma this person is facing, however, is, whether or not this company offering loan modification services is indeed reputable and legitimate. So let’s examine some ways that you can check out a loan modification company.

 · The credit card relief and debt settlement industry appears to routinely charge fees that violate state and federal law. In the state of Washington, where I practice law, consumers can fight back and obtain a total refund of the fees paid to these scammers. Consumers should fight back.

Offering personal loans is just one of the ways scammers try to take advantage of you, and learning how to avoid personal loan scams can save you a lot of time and heartache. We’ve put together a list of seven warning signs to watch out for when vetting a personal loan offer. How to avoid personal loan scams with these 7 red flags