
Protect Trees And Your Identity With Online Statements
Kevin Graham3-minute read
October 23, 2020
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There are many benefits to a digital world. You can download songs, books and movies in minutes. You can order food or find a ride to the airport on demand. Paperless billing statements allow you to turn the management of your mortgage digital.
Getting Started With Paperless Billing Statements
Signing up for paperless statements is simple. It can be accomplished in just two steps.
- Log in to your Rocket Account.
- Once signed in, you can manage options for paperless monthly mortgage statements as well as your 1098 mortgage interest statement.
Benefits Of A Paperless Existence
There are a number of advantages to eliminating paper and going digital with your mortgage experience. For starters, you’ll have a centralized hub that contains all of your mortgage documents and information. You’ll also cut off an avenue for identity theft by eliminating the possibility of discarded or lost paper statements falling into the wrong hands. Finally, you can help impact our company's environmental footprint by going paperless as well.
One Location For All Of Your Mortgage Needs
The biggest advantage from a client convenience perspective is that all payment and documentation needs related to your mortgage are in one spot.
Protect Yourself Against Identity Theft
The Bureau of Justice Statistics, an office of the Department of Justice, maintains data on identity theft. In 2016, the most recent year for which data was available, 10% of people aged 16 or older reported being victims of identity theft the year before.
Reducing Our Environmental Footprint
By opting out of paper statements and going digital, you’re doing your part in helping Quicken Loans reduce its environmental footprint because no trees would be harmed in the making of your billing statement. This is something you probably hear all the time from many different companies, so we thought we would put some numbers behind it.
During Quicken Loans most recent paperless billing campaign, just over 95,000 clients went paperless which reduced the amount of paper used by Quicken Loans by over 1.14 million pages per year. That is 5.71 tons of paper! That doesn’t even include the envelopes to mail the billing statements.
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Kevin Graham
Kevin Graham is a Senior Blog Writer for Quicken Loans. He specializes in economics, mortgage qualification and personal finance topics. As someone with cerebral palsy spastic quadriplegia that requires the use of a wheelchair, he also takes on articles around modifying your home for physical challenges and smart home tech. Kevin has a BA in Journalism from Oakland University. Prior to joining Quicken Loans, he freelanced for various newspapers in the Metro Detroit area.