Online mortgage settlement leads are an important source of revenue for consumers and companies, struggling with their finances and debts. However, there are several misconceptions about Internet Debt Settlement Leads that you need to understand before you start buying them & below are five of them you must know if you plan on refinancing your mortgage online.
1. You’ll Get Money Back If You Don’t Pay Off Debts Online!
Many people believe that they're going to receive their cash back if they aren't able to pay off their debt. And it’s true - some companies do offer refunds if you fail to make payments. But most often than not, these refunds have strings attached. What does that mean? Well, it means that you may end up paying more interest because you've been late on making your payments.
2. Your Credit Score Won't Take A Hit!
Having bad credit scores can hurt your chances of finding low-interest rates on loans or even getting approved for a mortgage. So, if you’re trying to repair your credit, consider Live Transfer Debt Settlement Leads. It’ll save you from losing your valuable credit scores easily.
3. You Can Save Money By Using An Online Debt Settlement Company!
Unfortunately, many people think that they can save money by opting to generate Debt Settlement Leads without professional help. After all, isn’t there less paperwork involved? Unfortunately, there’s no way around the fact that you are still going to need to pay attention to what you owe, how much you owe, and who you owe it to.
4. Online Debt Settlement Is Free!
You might hear about companies offering Live Transfer Debt Settlement Leads generation for free. While this doesn’t necessarily mean that you’re being scammed, it’s definitely something to keep in mind. In order to qualify for certain programs, you might be asked to provide information about your income and expenses. And if you lie or falsify any of this data, then you could find yourself losing out on the opportunity to use it.
5. There’s No Risk Of Getting Sued!
One last thing to consider before you decide whether or not to try online Debt Settlement Leads is the risk of getting sued. Many companies can file lawsuits against you if they feel that you haven’t paid them back after they refinance your mortgage. So, just be watchful.
