Sentences with phrase «phony loan»
A portion of the money, $ 188,000, was stolen, Lynch alleges, as part of a phony loan that Sampson arranged with a real estate developer.
http://wrvo.org/
Scammers know students struggle with debt, so they've created phony loan «debt relief» companies that promise to help for a price.
Not exact matches
Scammers know this, so they've created phony student loan «debt relief» companies that promise to help — for a price.
In the mad scramble for loan creation during the final phase of the Housing Bubble, the government created an environment of essentially free money by allowing the big agencies, Fannie Mae and Freddie Mac (or Phony and Fraudie, as I often affectionately refer to them), to securitize loans to the bottom of the barrel risks with crazy terms like no money down and incredibly low «teaser» interest rates.
Despite Government efforts, the industry is still full of slick advertising, phony rate quotes, and bait - n - switch offers from home mortgage loan companies and banks you probably don't want to really do business with.
They're targeting borrowers with phony student loan debt relief schemes that can make things worse.
Just last month in the beginning of May, the Student Loan Report ran a story about a «sugar daddy» scheme that targeted «sugar babies» with student debt; the fraud here involved stolen bank account information and empty promises via phony checks.
Phony debt collectors can use your information to commit identity theft by charging your existing credit cards, or opening new credit card, checking, or savings accounts, writing fraudulent checks, or taking out loans in your name.
Chyna didn't do anyone any favors late last month when she advertised a phony student loan forgiveness scam on her Instagram account.
Never mind debt refinancing or consolidation; some phony student loan scams will claim they can eliminate your debt completely — and do a better job than Obama or Trump would ever do.
To legitimize themselves, a phony student loan organization may refer you to a «law firm» that can cheaply — and legally — reduce, settle or otherwise eradicate your student loan debt.