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Originally Posted by Lea N
I'm not sure how but it isn't always what you would think. I'm guessing on some level they try to get credit? That in combination with other info makes it easier?
I heard recently there are thieves somehow getting access to house titles. They don't steal the house, they take a loan out against the house. True? I don't know but it seems dishonest people are always coming up with new ways to steal.
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They can take out a loan against my house, but they won't get any money from me. A lender would need to be pretty stupid to lend money to someone without doing a proper title verification.
I think more people are ripped off by these credit and title monitoring services that spread fear in people. They sell a "service" with no guarantee of outcome, or even that they will do any actual monitoring.