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Mortgage Loan Refinancing Phishing Scams

Every day someone is being defrauded by mortgage loan refinancing scammers. Homeowners in search of mortgage loan refinancing may get an email that appears to be from a reputable lender; the homeowner, thinking it is legitimate fills out the paperwork. Unfortunately, instead of getting their mortgage loan refinancing they were expecting, they got their bank account cleaned out.

The number of phishing scammers on the Internet is rising every day; dishonest people that would like to hack into your computer and rob your bank account are more than happy to do it. Phishing is a crime; the people that do this sort of thing masquerade as reputable businesses on the Internet. How do homeowners protect them selves from mortgage loan refinancing phishing scammers?

The best way to avoid being scammed is not to respond to unsolicited emails. Most people have more than one email account, and if you get an email that looks like it comes from your bank, but they are using an email account that is different than the one attached to your bank, this is a red flag that points directly to phishing criminal activity. They are hoping you will bite. The scammers might be masquerading as the bank you do business with, and ask you to update your account. Don’t respond to it. If your bank needed information, you would be left a message on your online account.

Secondly, if you get an email from any bank, including your own, advertising mortgage loan refinancing, steer clear of it. Don’t respond; you don’t know if it is real or not. Every day there are reports of people being scammed by the Federal Trade Commission (FTC). You might wonder how the scammers get your emails in the first place—they can harvest any email address from the Internet. If you are part of any Internet communities such as social networks, chat rooms or message boards you may have received unsolicited emails from criminals hoping to hook you and pull you in to their phishing scheme. Most people have anti-spam filter software built into their web-browsers that protect them from phishing scammers, but still some are able to slip through to the email inboxes of unsuspecting people every day.

Don’t fall prey to any email boasting their website that advertises a lending company. If you need mortgage loan refinancing, do your own research. Find a reputable lender online, or go to your phone book and search the yellow pages for a bank, credit union, or other lending company to service you with the mortgage loan refinancing you need. There are plenty of good reputable companies on the Net that want your business; they are easy to find through an Internet search, but never accept an offer from an unsolicited email.





Other Low Interest Car Loan Refinancing related Articles

Refinancing Auto Loan
Home Equity Loan Refinancing
Home Loan Refinancing
Automobile Loan Refinancing
Refinancing Mortgage Loan

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Low Interest Car Loan Refinancing News

SocGen Search for Funding Takes Bank to German Car Buyers - San Francisco Chronicle


SocGen Search for Funding Takes Bank to German Car Buyers
San Francisco Chronicle
May 25 (Bloomberg) -- Societe Generale SA's quest for funding is prompting the bank, France's second-largest, to mine sources not tapped before: German car loans and Dim Sum debt. Seeking shelter from Europe's resurgent sovereign debt crisis, ...

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SocGen Search for Funding Takes Bank to German Car Buyers - San Francisco Chronicle


SocGen Search for Funding Takes Bank to German Car Buyers
San Francisco Chronicle
May 25 (Bloomberg) -- Societe Generale SA's quest for funding is prompting the bank, France's second-largest, to mine sources not tapped before: German car loans and Dim Sum debt. Seeking shelter from Europe's resurgent sovereign debt crisis, ...

Read more...


Refinancing of car loans revs up - The Augusta Chronicle


Refinancing of car loans revs up
The Augusta Chronicle
She said she regularly suggests refinancing to friends as an easy way to save money. “This is a lot better for me,” she said. Refinancing an auto loan isn't always just because of the lower interest rates, Marks said. Extending the amortization of the ...

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TEXT-S&P cuts Bankinter ratings - Reuters


TEXT-S&P cuts Bankinter ratings
Reuters
We expect a temporary hike in net interest income following the significant portfolio of bonds that has been built up using cheap funds provided by the European Central Bank (ECB, unsolicited AAA/Stable/A-1+) through its long-term refinancing ...

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Refinancing stadium bonds helps Aberdeen save millions, cut budget - Baltimore Sun


Refinancing stadium bonds helps Aberdeen save millions, cut budget
Baltimore Sun
"We decided to refinance because the savings on the interest was huge," Finance Director Opiribo Jack said Tuesday, explaining the move is expected to also save the city $1 million over the life of the loan, which is 18 years.

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