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New Millenium Bank Secured Black Diamond Mastercard

Approved regardless of credit history
Credit limits up to $10,000*
Reports to all 3 bureaus
Get cash at over 740,000 ATMs
No credit check
* Terms and conditions apply.

New Millennium Bank has guaranteed your credit approval for up to $10,000* in secured credit!

Build or rebuild your credit the SMART way with a

NMB Secured Black Diamond Visa®

• Approved regardless of credit history
  
• Credit limits up to $10,000*
  
• Reports to all 3 bureaus
  
• Get cash at over 740,000 ATMs
  
• No credit check
  
• * Terms and conditions apply.
  

• An established track record of trust and safety.
  
• Rated 4 stars (Excellent) by Bauer Financial Services.
  
• Passes stringent annual reviews by federal and state regulatory groups responsible for the safety and soundness of the national banking system.
  
• Deposited funds are insured up to $100,000 by the Federal Deposit Insurance Corporation (FDIC).
  

DID YOU KNOW?

	If you are a loan officer or mortgage broker, you have more than likely dealt with mortgage lead companies in the past. If you are one of the ones that have invested money in lead companies in the past, than you fall into one of two categories. Those that have lost money to lead companies, and those that are going to loose money to lead companies. Loan officers have every reason to be skeptical of lead companies. However, if you are considering taking a shot with a mortgage lead company, here are a few things to keep in mind. For starters, take your time, and do as much research as you can. Remember, you work hard for your money, so make sure those hard earned dollars will result in a return on your investment. Speak with someone in the customer service department of the lead company you are considering. Find out where and how they obtain their leads. If they do not use their own web sites to obtain their leads, than move onto the next company. If they are not using their own sites, than most likely they are buying them from a third party, and selling them second hand. So you can be sure that they have passed through the hands of many other loan officers. Find out how they sell the lead and how it is delivered. Is it sold exclusively, or non exclusively? Can you cherry pick the lead, or is it a real time, streamline process? Either way works. It just depends on your style, preference, and most important, your time. In the end, it is the quality of the lead that makes the difference. It just may be worth your while to spend a few extra bucks on a lead to ensure you are getting good quality. Also, keep in mind, when speaking with someone in customer service, the quality of the service you receive, can be a good indicator of the quality of the lead you receive.

Early in December, I logged onto my business checking account to verify my current balance, before paying some bills. The low balance surprised me, so I began to review the recent transactions – and to my surprise, found four cash withdrawals from an ATM in St. Petersburg Russia! Perpetrators had made a duplicate of my checkcard and used it (with my pin, presumably) to withdraw hundreds of dollars.

Bank of America returned the funds into my account that evening, pending its investigation, so I was able to pay my bills. But, if I had not checked my account, it could have been emptied (and I may have bounced checks) without my knowledge.

Are You Liable for Fraudulent Transactions?

You may be aware that under Federal law, you are only liable for the first $50 of fraudulent credit card transactions. Visa, MasterCard, and American Express have adopted zero liability company policies, reducing that liability to $0 in most circumstances. However, this protection does not necessarily apply to checkcard, or ATM card, transactions.

Checkcards, usually linked to a checking or savings account, may be used as a credit card, usually under Visa or MasterCard, or as a PIN-based Debit or ATM card. The credit card transactions are governed by the $50-limit credit card rule. Debit and ATM transactions, however, are governed by another set of liability rules.

What Are Your Rights Regarding CheckCard or ATM Card Fraud?

If you report a debit or ATM card missing before any fraudulent transactions occur, then you are not responsible for any future fraudulent transactions.

If the unauthorized transactions occur before you realize your card is missing (or if you still have your card), then the amount for which you are responsible depends upon how quickly you report the fraudulent transactions and/or missing card:

• Report loss of card within two business days from when you realize the card is missing = $50 limit
• Report within 60 days after your statement is mailed to you = up to $500
• Report after 60 days = unlimited loss (all the money in your account, as well as your maximum line of credit for overdrafts)