Telemarketers are almost universially dispised. However, they continue to do business. I have heard that a 1-2% acceptance rate will make money. Have you ever been part of the 1-2% that bought something from a telemarketer?
I have only been hooked once: About 4 years ago, mortgage rates were going up and I had a 1 year ARM. I wanted to convert to a fixed at the time, however I had just been laid off from work. I delighted in asking each person calling me about a new mortgage "I was just laid off work, can you get me approved for a loan?" This one mortgage broker said yes, so I went through with it. Big mistake. Ended up costing us some money.
Please relate you experiences with telemarketers.
-Rob
I have only been hooked once: About 4 years ago, mortgage rates were going up and I had a 1 year ARM. I wanted to convert to a fixed at the time, however I had just been laid off from work. I delighted in asking each person calling me about a new mortgage "I was just laid off work, can you get me approved for a loan?" This one mortgage broker said yes, so I went through with it. Big mistake. Ended up costing us some money.
Please relate you experiences with telemarketers.
-Rob