We got ourselves into a mess when we refinanced our home a year ago, we were given a good faith estimate, and come to find out they gave us a pick a pay loan, we can only afford the interest. Our homeowners ins. was taken away, we called other banks to help, but even with my husbands good credit, everyone was afraid to touch it. We didn't want cash out. And we have credit card bills that are high. we only pay the interest on them too. this month was the 1st time we were late on 1 credit card. I hear a lot of credit counselers are scam artists, and we already have been scammed, so we want to be very careful this time. Any ideas? also the bank said if we don't get homeowners ins. by may, they will forclose on our house.
2007-12-11 05:46:47 · 9 answers · asked by Anonymous in Business & Finance ➔ Credit
visit daveramsey so u can learn ur hard lessons from others bigger mistakes.
as for the home loan , yes if u do not have house insurance the loan may be called.
keep looking for insurance.
get a budget make ur money scream as u pay bills.
1 food , 2 utilities, 3 house payment , 4 transportation. all others must wait when u run out of money.
late credit slave cards are better than Foreclosed House an homeless.
2007-12-11 06:07:16 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Nope. do not try this. pass to a economic business enterprise, any particularly; WAMU, Wells, BoA, etc. and get a Secured mastercard. This operates with the help of you putting funds into an account (often a minimum of $3 hundred). This then will become your credit cut back. once you spend off this card you do not consume away on the money contained in the account, quite that funds is there as a decrease back-up could desire to you ever default on the cardboard. save a revolving stability on the cardboard of 10-25% of the cut back. On a month-to-month foundation as you may, placed one greater $one hundred contained in the account. this provides you one greater bump on your fico.
2016-10-01 09:09:53 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Call Consumer Credit Counseling Services at 1-800-388-2227 they are the largest non-profit credit counseling service in the nation and have offices in most major cities.
2007-12-11 05:59:12 · answer #3 · answered by ? 7 · 3⤊ 0⤋
honestly forget credit counselors..you are in a arm program take advantage of the 'bailout" program and refinance into a fha loan or a fixed rate loan if you want you can contact me and i will give you more info im tired of seeing people like you in this situation and thinking all you need is credit counseling..tthats a bandaid fix..also btw credit counseling programs are always viewed by creditors no different than filing bk
2007-12-11 06:13:44 · answer #4 · answered by Anonymous · 0⤊ 0⤋
where are you?
most urban areas in the US have a non-profit credit counseling service. It is in the yellow pages and any consumer lender at local banks can tell you who they recommend.
GL
2007-12-11 05:59:23 · answer #5 · answered by Spock (rhp) 7 · 0⤊ 0⤋
CCCS is a very reputable company and have local offices throughout the country. Do a search for your area for CCCS and give them a call.
2007-12-11 06:38:21 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Try finding a nonprofit organization that you can meet with. Make sure they are reputable.
2007-12-11 05:55:02 · answer #7 · answered by Anonymous · 0⤊ 0⤋
hire a contract lawyer and sue the scammers that scammed
you !!!!
2007-12-11 06:01:02 · answer #8 · answered by Anonymous · 0⤊ 0⤋
one choice:
http://www.cccservices.com/
they should be in your local phone book. if not, go to this site and ping them directly
2007-12-11 05:56:41 · answer #9 · answered by Matthew B 3 · 1⤊ 0⤋