Does anybody know if it is normal for private lenders to want an upfront fee to start? Wondering if it's just a scam. Hmmmm...?

Most every time these "upfront fee" lenders are scams. Any guarantee of a loan for an up-front fee is illegal. finance.lawyers.com/blogs/archives/475-L... These lenders are giving actual lenders a bad name by causing so much turmoil.

-quote- LendingTree cares about your privacy and would like to alert you to possible fraudulent activity known as an “upfront fee scam. €? In an upfront fee scam, a “lender�

Requires some sort of payment, often called “insurance� , before an application has been taken or processed. No legitimate lender does this.

-quote- lendingtree.com/credit-resources/advice/... Take not the "no legitimate lender does this". Many scams are trying to take advantage of new mortgage laws. -quote- Government officials say scammers are seeking to take advantage of borrowers in danger of default by charging them upfront fees of $1,000 to $3,000 for help with loan modifications that rarely, if ever, pay off.

-quote- foxnews.com/politics/first100days/2009/0... Best bet? Stay clear of any lender that needs an upfront fee.

Sounds like a scam to me, well you don't have to pay such fees all you have to pay is the loan money they had lend you. Rabea Ataya from bayt.com is a fraud. This website is a SCAM and GCC residents need to know this.

There are well over 1000 forums that are complaining about this website that the Dubai government chooses to keep in business. We demand Bayt. Com be shut down.

This is a very tech savvy online scam. Once you register with them, you are forced to pay $1000's for our CV. This is illegal and a sham.Bayt.Com is a fraud.

LendingTree cares about your privacy and would like to alert you to possible fraudulent activity known as an “upfront fee scam.” In an upfront fee scam, a “lender” requires some sort of payment, often called “insurance”, before an application has been taken or processed. No legitimate lender does this.

• LendingTree only matches customers with lenders on our network, including LendingTree Loans. You will be notified of lenders you are matched with either through emails from LendingTree or by a LendingTree Loan Specialist over the phone. Click here to review a full list of LendingTree lenders.

• LendingTree and our lenders will not ask you to pay any money for approving a loan, guaranteeing a loan or for “insuring” a loan. • LendingTree and our lenders will not ask you to send a copy of your driver’s license or social security card before you have submitted an application with a loan officer. Please note: If you complete a loan request through LendingTree, you have not completed a loan application.

You must do this with the lenders with whom you are matched. • LendingTree and our lenders will never ask for your bank account information before you complete your loan application. Legitimate lenders may ask for and charge an interest rate lock fee, application fee or appraisal fee once you begin working with a loan officer.

LendingTree suggests that you use a credit card when paying any fee for your protection. For additional information on this important issue, please see the FTC notice on Advance-Fee Loan Scams.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

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