Home Equity Scams

Home Equity Scams
Beware of predatory home equity scams and keep your eyes open for red flags. fizkes/Shutterstock
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Homeowners beware. These days, home loan scam artists are lurking around every corner. They’re hungry, they’re determined, and they’re coming after your equity.

Unscrupulous loan peddlers are known as predatory lenders because of their uncanny resemblance to vultures. These loans encourage people to consolidate their debts and suggest this will prevent them from ever overspending and maxing out their credit cards again.

Mary Hunt
Mary Hunt
Author
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