10 Ways to Avoid Loan Fraud Article

texasgamer

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10 Ways to Avoid Loan Fraud

Do not let the lender into persuading you of lying about your monthly income, expenses or investment available in order to get a loan. You are not getting just a loan in this case, you are getting into lots of trouble!

Take all the time in the world to shop around and compare prices from different lenders. If a loan lender tells you he is your only chance to get a home loan or any other sort of loan, he is lying! Do not do business with him.

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Re: 10 Ways to Avoid Loan Fraud

texasgamer said:
Do not let the lender into persuading you of lying about your monthly income, expenses or investment available in order to get a loan. You are not getting just a loan in this case, you are getting into lots of trouble!

Take all the time in the world to shop around and compare prices from different lenders. If a loan lender tells you he is your only chance to get a home loan or any other sort of loan, he is lying! Do not do business with him.

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all seems like sound advise....

should it be added to a sticky somewhere ?
 
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