Equifax Credit Report Primer

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Equifax is one of the three leading credit reporting bureaus, as they offer their customers the opportunity to obtain a huge chunk of their credit information. They offer many services, the main product being Equifax credit report which is different from a free credit score gov, which is helpful for a consumer to know his FICO score and other related information foreseeable creditors and employers are privy with.

When most customers choose to get a credit report, they choose the Equifax report because of the clarity and simplicity that it provides in comparison to the other credit reporting agencies.

What will my credit history report include?

The money that you put into an Equifax credit report is well worth it – you’ll get the credit report and something extra as well. Through Equifax’s website, you’ll immediately have full access to your credit report and FICO score. What your creditors know will no longer be a mystery, and you won’t have to wait on the mailman to see what your credit report reveals.

You shall be able to observe your payment pattern, whether good or bad along with other paying habits you are not aware of, followed by excessive inquiries if any. If you ever have to contact a creditor about one of your old accounts, you’ll already have all the information you’ll need.

Also, the credit report from Equifax will explain what you need to learn from the credit report. Sometimes the information contained in the report can be hard for you to understand.

Equifax confirms that you know, to the point, what is happening with your bankruptcy score or other scores in the report. Apart from having the information, you will also have a clear knowledge of what each part of report is and how it affects your credit score.

Equifax is popular because they provide something known as an “Interactive Score Simulator” in order to help consumers understand their credit score. With this tool, you have the ability to see how a given action might impact your credit score. From there, you can start a plan to get your credit back in order.

You just might need a secured credit card or choosing to open a high interest credit card account might make it possible for you to rebuild your credit. An Equifax credit report will help you begin no matter which path you choose.

The primary Equifax credit report that you will find on the website is called ScorePower. This is their basic package that gives you access to whatever you need. On the site, you will see that there are options for other packages, as well.

You will be asked if you would like to sign up for additional services when you sign up for the $ 15.95 ScorePower report. Since you have access to your credit report, you can monitor it and more than likely you aren’t going to need the other products offered. When you obtain your Equifax Credit Report online, you will be glad to know that you can take advantage of superb customer service and have the ability to easily dispute any part of the report that is incorrect.

One of the top three free credit reports from all 3 bureaus in the business, Equifax present to consumers access to their FICO scores and their own www.agoodcreditscore.com/credit-reports/equifax-credit-report/ Equifax credit report.

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Free Credit Score Online: How to Obtain It

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Because of the strong need of most people to view their credit scores, companies that offer free credit score government (freescorereportgov.com) online are becoming really popular. People need to be aware of their current credit scores in order for them to obtain more financial opportunities. If people have a poor credit rating, chances are they will have a lot of difficulty getting their loan applications approved. If you wish to improve your current financial and credit status so you will have a lot of financial opportunities, make sure that you regularly obtain your credit score. This will give you a chance to find solutions in terms of improving your financial status. Considering the strict requirements of banks and other financial institutions when it comes to loan, it is important that you regularly check your credit score and find ways in order to improve it.

In obtaining your free credit score online, you have to be aware of the fact that the credit score is determined based on several criteria. Some of these criteria are your credit history, your payment history, your credit inquiries and the types of credit that you have. These become the criteria as these things are helpful in identifying your trustworthiness and your creditworthiness. If you pay all your bills and financial obligations on time, then you can expect to have a high credit score. However, if you pay your bills late or if you have a history of bankruptcy or foreclosure, then there is a tendency that you will have a low credit score.

Obtaining a free credit score online is just a matter of hard work and resourcefulness. You have to work hard in finding the most reliable company that allows you to view your credit score online for free. When it comes to finding these companies, you have to take extreme caution and you have to take time in order for you to find the best one. You should also constantly remind yourself that there are a lot of scammers around so you have to make sure that you check the legitimacy and reliability of every company before you ever connect yourself to them. You can determine the legitimacy of the different companies by reading reviews or joining online forums. You will definitely gain more information about companies that offer credit scores to the public by doing a thorough research.

Getting a free credit score online is considered to be very advantageous to you. You are not only given a chance to find out your current financial status but you are also given the opportunity to check if there are errors in the information placed in your credit report. If there are indeed errors in your credit report, you can immediately seek possible actions in order to remedy the errors. You are also given the chance to write a letter of dispute regarding the erroneous information stated in your report. Because of this, it is undeniable that regular checking of your credit report is considered to be a very effective strategy when it comes to identifying errors. Once errors and mistakes are identified, you will have the opportunity to correct it and finally improve your credit score.

See all 3 Experian, Equifax, Transunion credit scores free.

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How To Get You Free Credit Report Immediately

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Since September of 2005 you are entitled to a free credit report as a citizen of the United States. The Federal Fair Credit Reporting Act has been amended and now states that each consumer credit reporting agency, which are Transunion, Equifax, and Experian, provide to you a free credit report gov (freescorereportgov.com) once every 12 months. So don’t let any of the credit reporting agencies scam you into buying something to access your free annual credit report. You will have to give them your name, social security number, address, and date of birth to get your free credit report.

The credit agencies have some very misleading advertisements which can easily get you signed up for a paid service if you are not careful. There are many of these types of advertisements out there so don’t let them get you signed up for something you don’t want just to get your free credit report. Your free annual credit report is only accessible from one website online that is legitimate. The address to that website is annualcreditreport.com. If you are not careful and misspell the websites address you could easily be misdirected to a website that offers free credit reports only to get you to buy some other product.

As an alternative to ordering online the three nationwide consumer reporting agencies have set up one central toll-free telephone number, and mailing address through which you can order your free annual credit report. To order your free credit report call 877-322-8228, or complete the Free Annual Credit Report Request Form and mail it to: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281. Remember not to contact any of the three reporting agencies directly to get your free credit report. They will not provide you with the free annual credit report.

You will have to verify information that is contained in your credit file in order to get your free credit report. Each of the three nationwide consumer reporting agencies require you to do this for security. You will be asked to verify information such as the year you took out a mortgage or possibly how much you borrowed. Since each agency obtains their information from different sources each will more than likely ask you different questions. You may be asked to purchase a product or a service but you are not required to in order to get your free annual credit report.

If you want to see your free credit report right away than you need to order your free annual credit report through the website. Be sure to answer each one of the security questions accurately or you will be denied immediate access to ensure the security of your file. If that were to happen than the reporting agency will mail your free annual credit report. Your free credit report will be mailed within fifteen days of the agencies receiving your request whether or not it was by phone or mail.

If you have already received your free credit reports and need another before the 12 month period is over you may still be able to get another free credit report. Under federal law, you’re entitled to a free credit report if a company takes adverse action against you such as denying your application for credit and you ask for your report within 60 days of receiving notice. You are also entitled to a free credit report if you are the victim of identify theft and place a fraud alert in your file, your file contains inaccurate information as a result of fraud, you are on public assistance, or you are unemployed but expect to apply for employment within 60 days.

Here is the contact information for the three nationwide credit reporting agencies: * TransUnion: 800-916-8800; http://www.transunion.com * Experian: 888-EXPERIAN (888-397-3742); http://www.experian.com * Equifax: 800-685-1111; http://www.equifax.com You can contact them directly to purchase a credit report if none of the free credit report options are available to you. They charge approximately ten dollars each for your credit report.

Don’t get ripped off by credit repair companies or buy impractible credit repair guides, Get a free copy of the highly acclaimed Credit Secrets Mini Book and more information on free credit report or free Annual credit report

Get Free Credit Report -Report From All 3 Bureaus 100% Free

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It is important to be aware about your credit score before looking to apply for mortgage or availing the facility of credit card. It is really a good idea to verify credit rating from different credit bureaus at different period of time in order to secure the identity, which can be very beneficial in preventing identity theft. Identity theft is possible when unknown person pulls out the credit report of individual for different reasons such as taking mortgage or availing credit card services which can ruin the credit rating of the victim if the accused person makes irregular payments on mortgage or credit card existing debts.

Free credit report gov (freescorereportgov.com) provides all the details to the people regarding their credit status in the market after taking into consideration all the transactions.These transactions are related to the credit taken by the borrowers for their personal as well as commercial purposes.

The credit reports are usually provided by credit bureaus to all the financial institutions, banks, mortgage lenders of different lending institutions, credit card companies, who deal with people on the basis of their creditworthiness.

The report can be accessed by the individual if he is not working from last 60 days or looking to join somewhere professionally in next 30-45 days. The person need to apply for free credit report if his credit rating is very poor or marginal.

The people are provided with mortgage, credit cards and many other facilities on their basis of their credit report in the market.Availing the service of free credit report results in continuous credit inspection of the people,which results in avoiding bad credit report in the market.

Credit status can be accessed from any of the main credit bureaus available in the market, which are Experian, Equifax and TransUnion after every financial year. This can ensure the individual that there correct credit report has been provided to different banks, financial institutions and prominent mortgage lenders in exact relation to their financial strength.

The report also protects the people from theft of their identity in the city, avoiding any sort of mis happening.

There are many credit check programs,which are arranged for the people in the country to get provided with free credit report. All the major credit reporting organizations mainly credit bureaus launch their website along with their toll free number and mailing address of credit bureaus.Consumer need to request the report from three different credit bureaus at the same time or some different scenarios according to the requirement.

The free credit report is provided to the consumers at that point of time if they apply for their credit scores instantly at their respective websites of specific credit bureau. Applicants have to be cautious regarding their typing mistakes, which can lead to expenses. It is because of providing the information in the wrong website related to free credit report status,that individuals get charged for credit report which is actually free.

There are many people who can apply for free credit report over the toll free number or mailing them at the provided address, it takes at least 15 days of time, which is provided on the basis of time period required by the credit bureaus to extract the credit detail of each applicant.

Get Your Free Credit Report Now !!

Visit http://www.consumercreditrepairsecrets.com/Credit-Repair/

How To Get Your Free Annual Credit Report

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Unfortunately along with the holiday season usually comes an increase in credit card fraud and identity theft, so right after the holidays is a great time to check your credit report. The following article will show you why, when and how to check your free annual credit report gov (freescorereportgov.com) .

Why you should check your credit report

* to check for errors
* to check for fraud and identity theft
* to get the best interest rates
* more and more people are relying on credit scores – car insurance, employers, etc.

When to check your credit report:

* Once a year if you have good credit and don’t anticipate any large purchases in the near future
* Before a major purchase, such as a new home, new car, etc. – should request your credit report 6 months ahead of a big purchase so you have time to correct any errors
* If you’ve been denied a credit card, loan or other product or service because of your credit (you are entitled to a free credit report if you have been denied credit based on information found in your report)
* If you suspect that your identity has been stolen
* If you are starting a plan to get out of debt or repair your credit.

How to check your credit:

There are three credit reporting agencies (Equifax, Experian and TransUnion), and they are required to provide you with one free credit report each year. The three agencies do not always share the same information, so it’s important to check all three.

You can order all three credit reports at one time, but it may be a better idea to check one company one month, wait a few months, then check another company, then the third company a few months later. This way you are getting three free credit reports a year, and you are checking several times a year, so you are more likely to catch errors and/or fraud.

Go to www.annualcreditreport.com to request your free credit report online. This is the only authorized source for consumers to check their credit report online for free. There are commercials and websites for other companies who claim to offer your credit report online for free, but they are generally selling a service or they are a scam.

In addition, you can call 1-877-322-8228, or you can write for your free credit report at: Annual Credit Report Request Service, PO Box 105281, Atlanta, GA 30348-5281.

Finally, you can purchase a 3-in-1 report, which is basically getting all three reports from each of the credit bureaus. This is a good idea if you have never requested your credit report before, or if you suspect fraud. You can purchase your 3-in-1 credit report at www.myfico.com.

Regardless of what time of year it is, it’s important to check your credit report periodically to make sure there are no errors and that you have not become a victim of identity theft or fraud.

But it’s even more important to check your credit report right after the holidays to make sure that you didn’t become a victim of fraud during the busiest shopping days of the year.

Kristine A. McKinley, CPA, Certified Financial Planner, teaches individuals and families how to invest and plan for retirement, college, and other financial goals. For more tips on boosting your credit score, getting out of debt, and more, please visit http://www.financialtipsforwahms.com

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View Your Credit History

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Financial stability is a state that is desired by nearly all persons in the world. But there comes a time when one is broke as dead and needs an alternative source of income thus using credit as the last resort. But do you know it is not that easy to be awarded credit? Many considerations have to be put in place. Take a look:

Credit Report
It is a clear record showing a person’s credit history from different institutions including banks, the government, credit companies and collection agencies. It always has information relating to
• Credit limit
This is the maximum amount of credit to be ever awarded
• payment history
It shows how one has been honoring his debts.
• date of account opening
This shows when the credit relationship was started basically to determine how long one has been operating a credit account.
• Activeness of the account
To show whether the account is active or not.
• Current balance
It shows the current balance of an account.
After keenly assessing your annual credit report or free credit report gov once an year the credit agencies are able to calculate ones credit score. So what is a credit score?

Credit Score

There are numerous mathematical operations that a credit report will be subjected to and the result of this operations gives a three digit number called credit score. From the credit score essential information is obtained which really assists when awarding credit. This includes:
• the number of years you have had credit
• from the credit available how much is currently in use
• are there cases of late payments
• cases of regular actions or credit applications made
It should be noted that lower credit score may lead to increase in interest rate or at its worst denial of credit.
A caution is always given to members of the public to be aware of identity theft by securing their credential information. Identity theft is when one uses someone else identity so as to gain any financial advantage including access to credit. The fraudsters use others person’s name, identification Number and even credit card number.
An accurate credit report will enable credit agencies to detect any cases of identity theft by closely monitoring credit transactions.

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Conclusion
In any case you desire to have credit, worry no more. All the information is at your disposal. From accurate credit report, to credit score and to identity theft by fraudsters. The ball is in your court. All the best in your credit search.

Ca Identity Theft Law Provides Stronger Protections to Ca Consumers Who Will Be Sufferers of Identification Theft

Responding towards growing scourge of identity theft, California enacted unique identification Theft Law in 2001. What the law states provides municipal treatments to customers in addition to the criminal cures from the real identity thieves.

As a practical matter, there was regularly little point in taking a civil lawsuit against an identity thief. In the event that thief is some computer hacker or is usually a vocation criminal, a civil wisdom against them should be meaningless. More frequently, we’re seeing that the identity thieves tend to be nearest and dearest, and most sufferers of identity thefts are unwilling to pursue criminal prosecution against a family member regardless of if he, or she, did dedicate a crime.

The California Identity Theft legislation features a very certain function: it gives victims of identity theft a civil remedy against creditors and loan companies whom refuse to terminate identity theft reports. Including, suppose Mary is a victim of identity theft because some business couldn’t secure her personal information and it was stolen. She files her police report and contacts the credit reporting agencies to inform them regarding the identity theft. She also contacts all of the creditors for the identity theft reports (not the lenders of the woman genuine reports) and requests that they terminate the reports because of the identity theft. Many of them do. However, some hold on and still you will need to gather on the accounts despite they have been advised of identification theft scenario. They could also sue Mary and even though they are told in regards to the identity theft.

Regarding these “hold-out” lenders, the victim of identification theft truly had restricted cures before the passage of the Ca Identity Theft legislation. Defending, and winning, a patently frivolous suit is costly in terms of both money and time, and several customers encountered the issue of spending more income to fight than they’d spend to be in a frivolous and deceptive claim. More over, old-fashioned common-law appropriate ideas actually couldn’t fit really using growing scourge of identification thefts, together with undeniable fact that victims of identity theft badly had a need to restore their credit and monetary balance to their resides to completely recuperate and move on.

The California Identity Theft Law permits victims of identity theft to follow an enormous and effective assortment of remedies against lenders or debt collectors that do perhaps not cancel identification theft reports. The victims could possibly get all their real problems, including emotional distress damages; they are able to get a court order canceling their identity theft reports and dismissing any lawsuits brought against them for identification theft records; they may be able manage to get thier lawyer’s costs paid because of the “hold-out” lenders or collectors and they can also get a $ 30,000 municipal punishment under particular situations. It is a law that all Ca customers must know about.

The legal citation towards law is California Civil Code, Sections 1798.92 through 1798.97.

Some tips about what Ca customers need to find out to make the Identity Theft Law work for all of them:

1.You want to file a police report and/or a Federal Trade Commission fraud affidavit when you discover the identity theft. When you have difficulty getting the regional police to simply accept an identity theft police report, check-out www.ftc.gov for an Identity Theft affidavit, or begin to see the primary article on our site about dealing with identification theft. This informative article features particular measures you will need to utilize in the event your neighborhood authorities department will not take your identity theft police report.

2.Send a copy associated with authorities are accountable to the creditor or lenders (or debt collectors), advising all of them of known information on the identification theft and requesting which they terminate the identity theft records.

3.You must give the creditor or financial obligation collector 30 days to cancel the account and/or discount the suit. Sometimes they will request extra information from you; should they do, offer it in their mind. When they never work within thirty day period, or they won’t cancel the account, then you need to make contact with our lawyer immediately for a free case review and consultation.

4.Remember maintain all correspondence via certified mail, return bill requested, and obviously keep copies of whatever you receive and send. This will not merely assist united states assess your situation, however these letters are often the very best research in every claim for a violation of the California Identity Theft Law.

Robert F. Brennan, Esq. is a principal with Brennan, Wiener & Associates, an AV-rated lawyer in La Crescenta, CA. Their company focuses on customer protection litigation including debt collection abuse. He can be reached athttp://SoCalDebtCollectionAbuse.com.

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How to Build Credit with Bad Credit or No Credit [w/ Self Lender]

Sign up for a Self Lender loan here: http://bit.ly/2d4DlCK

When you do not have credit to begin with, you are often left with no one willing to give you a loan. If you cannot get a loan then you cannot build your credit. People with less than a 600 FICO credit score typically obtain a secured credit card. Now, there is also an alternate loan you can obtain to increase your credit score faster.

Self Lender sells a product called a credit builder loan that are traditionally sold by credit unions and community banks. It is essentially a loan to yourself where you make payments to yourself that gets funneled to a CD account. At the end of a 1 year term, the money is accessible to you and you can do as you please with the money. Please see the video for more details.

Disclaimer: Self Lender DOES NOT offer credit repair services. .

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Get a free audiobook and 30-day trial. Even if you cancel, you still keep the book and you still support my channel for signing up. Support my channel by signing up to help me make more videos like this:
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Workplace Identity Theft Prevention Solutions

Workplace Identity Theft Prevention Solutions

Companies are scrambling to deal with the rising cases of identity theft and data breach incidents. Although most companies have good intentions and do their best to secure the personal information of their customers, data breach incidents continue to occur at an alarming rate. The information stolen by insiders or domestic and international hackers is then sold and used by identity thieves to commit fraud and steal billions of dollars from many companies. Knowing that personal data breach incidents are inevitable and personal information can be stolen from any company to defraud any company, businesses are better off having a plan B to prevent stolen information from any source from being used to defraud them. The proposed backup plan is an identity theft prevention program which can be designed, implemented and managed by qualified employees to identify, detect, and respond to identity theft red flags. Having an identity theft prevention program is also a major requirement of the US Federal Red Flags Rule regulation which is overseen by FTC and other agencies.

PAY OFF YOUR HOME LOAN SOONER

Many Australians paying their home loans don’t want to spend their entire working life paying their hard-earned money on interest payments. So, if you are one of these many Australians who have a home loan, then when you read this article you will be able to understand how making additional monthly home loan payments can help you to pay off your home loan sooner.

How to Repay your Home Loan Sooner

Paying off your home loan sooner than planned will take a significant financial load off your shoulders and save you money in interest payments, not to mention freeing up the cash that would have gone towards your monthly home loan payments. Most Australians don’t just come into thousands of extra dollars all of a sudden so they have to find a way to fit making additional home loan payments into their household budget.

Additional Repayments

The ability to make additional monthly home loan payments is something you can consider. You should also keep in mind that by making additional monthly payments on your home loan you should be able to:

* Significantly reduce the length of your home loan;

* Save yourself money in interest payments; and

* Get rid of your home loan and live mortgage -free sooner.

The amount saved will vary based on:

* The initial size of your home loan; and
* The interest charged on your home loan.

“Example” of how making extra monthly payments on your home loan can save you time and money:

Simply, by making an additional monthly repayment of $ 200.00 over the life of a 30 year home loan for $ 450,000 at an interest rate of 4.59 per cent will amount to an eventual savings.

Hypothetically, by making a monthly payment of $ 2,505, rather than the minimum required amount of $ 2,305 it is possible for you to:

 Reduce the length of your loan term or required payments by 4 years and 7 months (i.e. the term of your home loan is reduced from 30 years to 25.3 years; and

 Reduce the total amount of interest paid into your home loan by $ 67,520 (i.e. from $ 379,516 to $ 311,996).
So, if your home loan allows you to make additional monthly repayments and you can afford to pay a little more towards your home loan each month then this can be a smart and worthwhile option for you to consider.
Which Home Loans Allow Additional Repayments?

Most home loans are generally set up as either fixed interest rate or variable interest rate home loans, or as a combination of both.

“Variable”Interest Rate Home Loan

If the ability to make additional repayments on your home loan is something you are considering and flexibility is important, then the variable interest rate home loan will offer you the most flexibility where additional repayments are concerned.There are a number of lenders/credit providers that will allow you to make an unlimited number of additional repayments through the life of your home loan. You may even find this to be a free service offered to you as a standard feature of a variable interest rate home loan.

“Fixed Interest” Rate Home Loan

Keep in mind, if you choose a fixed interest rate home loan and your financial circumstances change later (i.e. you may want to make additional repayments and reduce the total period of your fixed rate home loan) you may find that you will be required to pay an Early Repayment Adjustment (ERA) fee.

Extra Repayments Calculator

You can use this useful “Extra Repayments Calculator” to help you estimate how much sooner you can pay off your home loan, if you decide to make additional (extra) repayments.
You will see an estimation of how much

 The length of your home loan term can be reduced by; and

 The total amount of interest paid into your home loan can be reduced.

So, now that you have read this article you should be able to fully understand that making additional monthly repayments on your home loan can make a huge difference in enabling you to get rid of your home loan and live debt-free sooner. Whether you make this by any of the following means, the financial benefits to you can be considerable:

* By regular monthly additional payments; or

* By irregular one-off payments and whenever you have some spare money (i.e. you may receive a windfall or an inheritance).

Seek Expert and Professional Advice

If you would like further advice regarding your own unique personal financial situation you should always seek help from a professionally qualified finance broker.

http://www.singhfinance.com.au is a reputed Australian finance brokerage firm that employs a team of expert and professionally qualified finance brokers. They have a thorough knowledge of what the standard requirements are for home loans and they can guide you through the “Extra Repayments Calculator” and also your options in making additional repayments so that you can repay your home loan sooner. Call on 0424 190 908 today or visit their website and simply click on the “ENQUIRE ONLINE” form.

Disclaimer: This article is of a general nature only and does not constitute professional advice. I strongly recommend that you seek your own professional legal and accounting advice in relation to your particular circumstances.

Six Tips To Help Companies Mitigate Mortgage Fraud Risk

Mortgage fraud is one of the fasting growing financial crimes in US history. Techniques to commit mortgage fraud have grown more sophisticated, resulting in more advanced counter techniques to combat mortgage fraud. In 2005 the FBI reported over one billion dollars in property and loans were lost due to mortgage fraud.

Too often the signs of mortgage fraud for profit or mortgage fraud for property are difficult to spot. Many experts agree that the public is ill-informed of potential mortgage fraud scams, making education and documentation efforts even more crucial. The below six steps are basic steps for companies to take to minimize the risk of becoming a victim of mortgage fraud:

1. Be cautious of property brokers insistent that buyers use a specific lender.

2. Ensure you receive copies of signed documents

3. Hire third-party appraisers.

4. Get referrals for mortgage and real estate professionals with an established record.

5. Never sign documents that have missing information.

6. Take advantage of professional services that report on mortgage fraud and collaborate with the federal government.

By investing your time and being diligent, you will mitigate your business’s risk of become a victim of mortgage fraud. Protecting against mortgage fraud starts with you. If your instincts make you suspicious, follow them.

Maintain Good Records:

In the early stages of the mortgage loan application process it is important for the consumer to get referred to an established professional. Consumers should remember when asked for a signature, never sign documents that are incomplete. In addition, the consumer should receive a copy of documents that are signed. Maintaining good records of conversations, contact information and documents exchanged is important.

Third-Party Appraisers:

Just like it is important to be cautious of property brokers that are specific of using a particular lender so too can a mortgage fraud risk be found when not using a third-party appraiser. The appraisal process if neglected can leave you vulnerable to become a victim of mortgage fraud. Appraisal fraud is often encountered when flipping properties. In these situations an unscrupulous appraiser appraises the property at a much higher value. At which point the buyer resells the property quickly for a maximum profit. To reduce your vulnerability for appraisal fraud, utilize a third party appraiser that is licensed properly and verify the appraiser’s license. Online monitoring systems now exist for appraiser license verification.

Mortgage Fraud Professional Services Reports:

Technology can play a complementary role to your efforts to find potential mortgage fraud patterns. Mortgage database software can also help uncover mortgage fraud patterns. A mortgage fraud report is an example of mortgage database software in action. These reports are professional services reports that can be beneficial for mortgage industry professionals. National mortgage fraud databases can help diligent mortgage industry professionals better protect against the risk of mortgage fraud.

Future Considerations for Mortgage Fraud:

When mortgage fraud occurs it is far reaching and impacts the real estate industry and the overall economy. The above were tips and considerations for current issues within the mortgage fraud industry. What will be the future significance of mortgage fraud, loan fraud, appraisal fraud, mortgage lending fraud, and mortgage database software onto the mortgage and real estate industry?

Michelle Thiel is an advocate for the information industry with an interest in mortgage fraud, loan fraud, appraisal fraud, appraiser license verification, and mortgage database software.

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