AG Warns Loan Modification Companies

Loan Modification Scams The attorney general sent out letters last week to 386 loan modification companies, ordering them to register with his office and post a $100,000 bond, or face criminal penalties and fines. He said none has posted a bond so far.

“If you pay these people, you’re not going to get it back. They’re not financially solvent,” Brown told KCRA 3. “It’s more flim-flam than reality.”

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Mortgage Calculators, Auto Loan Calculators, Personal Finance Calculators, Student Loan Calculators, Loan Modification, Loan Articles, Loan News