As a leader, it is essential that you are honest and have integrity. You must do all you can to be upfront and honest in your conduct, especially when dealing with your customers. Part of being honest means that when you make great claims, you must have the details and documentation to back them up.
Pay Attention To Detail
Whether or not your claims are true, if you don’t have details and documentation, people will be skeptical and may not believe you. You can’t just make great claims with nothing to back them up. Attention to detail and documentation are extremely important.
My Experience
Recently, I had a very interesting and potentially scary experience. Over the past several months my wife and I have been trying to refinance our home in Carson City, NV. We went to several different lenders and one after another denied us for one reason or another. All cases, however, were tied to the fact that we have excellent credit and a perfect payment history.
Loan Modification
About a month ago we received a phone call from a loan modification company, Direct Mortgage Counseling, directmortgagecounseling.org. They said that they could modify our loan and give us a new great loan (30 year fixed, 2% interest, reduced principal). We were somewhat skeptical because the loan modification seemed too good to be true. We did some research and found that they had the proper business licenses to do this type of work. That gave us enough confidence that we gave them a few of our documents, so they could give us additional information.
Once they received our few documents, they put together the loan modification paperwork. From there, they requested quite a bit more information (basically every financial document we had) so they could finalize our loan modification. Since I have experience writing legally binding contracts, I made sure I read through their contract completely before I signed it. I was especially careful because I was skeptical of them from the start.
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