Heartland lending has been sending out thousands and thousands of pre approval letters, and nobody gets approved?
When you call to inquire about the offer you will hear " it's no secret that the Obama administration is encouraging banks to start lending again. It's my job to help you out, let's start by getting your information into our system to see if you meet the necessary criteria for one of our programs. Could I have the correct spelling of your name?"The sales rep will continue with questions about your income and expenses then repeat back all of the information that you have given them and start with the debt settlement pitch:
"unfortunately you don't qualify for the loan due to your (credit score, dti, etc.) but we DO have a program designed for people in your exact situation. Its administered by a law firm called Stratton and Feinstein, they have been in business since 1977 and have an A rating with the BBB which is the highest possible rating that you can have. They specialize in restructuring and eliminating all types of debts for businesses and individuals."
They lure customers in with a loan offer and then switch to a debt settlement program because they market debt settlement. The reps are not loan officers they are debt settlement salesmen. Bottom line is these guys are a group of professional con men. Key players at Heartland Lending are: Keith Gruebele, Scott Gruebele, Darren Silverman, and Matt Brenner. These scam artists have made a career of ripping people off (google search Darren Silverman and see what the Securities and Exchange commission say about his reputation.) They just cannot be trusted.
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