Sample Phone Scripts Used By Sleazy Subprime Lenders In 2005

An ex-subprime lender employee of a sent us the scripts they used to cold-call homeowners back in 2005 to get them to ditch their 30-year fixed mortgages for risky sub-prime loans. One of them is called, “Wholesale Gangsta Script,” which I think about says it all right there.

salescript1111.jpg

salescript2.jpg

salescript3.jpg

salescript4.jpg

Amazingly, these techniques actually worked.

Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.