Scams Prompt Call for Licensure in Mortgage-Modification Business

July 2, 2009 by admin 

On its Web site, Your Credit Angel LLC promises to help financially struggling consumers get home loan modifications.

One Idaho consumer didn’t think the Nevada-based company was delivering on its promise, and the Idaho Department of Finance agrees.

In April the department ordered the company to stop offering mortgage loan-modification services in Idaho without a license.

The Idaho department cited the case of an Idaho consumer who paid $1,495 to Your Credit Angel but received no services and could not get a refund. Read more about mortgage modification

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