Debt Help Services

Posts Tagged ‘tucson_debt_consolidation’

Question: I’ve heard of student loan forgiveness programs. Are there any credit card forgiveness programs out there?

My husband and I are literally drowning in debt. There’s no way we can file bankruptcy or do any of that consolidation stuff. He has a federal job and would pretty much lose his job immediately. We have found relief from his student loans by filling out a form and getting his payments cut in half for a year. Are there any sort of programs in existence that will help out with credit card debt? We have Discover, Chase, Citi, and Bank of America accounts. We have already cut up the cards and do not plan on using them ever again. We tried to get a loan to consolidate the debt into one payment and our credit isn’t good enough to do that either. Any suggestions?
Yes, my husband has to maintain a very high security clearance. This is why he can’t let his credit go bad.

Answer: in my opinion you can contact the company or the bank you two borrow the money and freeze the accounts in that way they will give you chance to pay small amount of loan every month for example: ( you pay £150.00 per month they will reduced too £60.00 per month.) and your interest will not arise this is before or the last step of bankruptcy. try it is worth it . there is nothing who willing to help without their own interest. the best is to talk to one of financial adviser from were you got the loan.
good luck to you two.

Ratings agencies threaten Hungary with downgrade

Two top ratings agencies said on Friday they might downgrade Hungary’s sovereign debt after its prime minister snubbed the IMF and rejected austerity measures in favor of a pro-growth policy.

Loan Modification – Part 2: Home Mortgage Bailout – Real Estate Foreclosure Prevention Process

Question: Debt consoladition with Bank Of America?

it’s such a pain to find out information on getting a loan for debt consolidation. Bank of Americas website is no help, and the phone number they provide is an anoying operator. WHAT DO I NEED TO BRING WHEN GOING TO FIND OUT IF I CAN GET A LOAN? pay stub?

Answer: I would bring your 3 or 4 most recent pay stubs, 2007 tax return and w2s, your driver's license and social security card. Can you not call your loan officer directly?

Year of the Bank

When worried depositors showed up at the door of First State Bank, they were greeted by a nervous guard holding a shotgun and pacing the floor. Bank President Ed Clark was smiling, though, sitting behind a counter groaning with the weight of coins and paper money.

Credit Card - Bank of America JEFF CRAWFORD Update!!

If you’re a bank, things are looking up! The $700 billion from the Troubled Asset Relief Program (TARP) has largely gone to buoying up financial institutions with some help to the struggling auto industry as well. So if your name is Bank of America, Citigroup or GM then congratulations are in order. In fact, over $25 billion have been eagerly repaid by those institutions who are stockpiling funds and do not want to have any government oversight of their business. Go banks!

But—if you’re a homeowner or a potential homeowner, an average American, or a small business then the news isn’t all that great. From where I often sit behind the desk of a real estate radio show and podcast, it looks pretty discouraging. The real estate system is starting to move homes, but lending requirements are stricter than ever, and even high FICO and truly qualified buyers are not getting approval. It seems like we’ve created a system in which no one is deemed qualified. Brilliant.

TARP Funds should help those in need!

How needy are the banks? Frankly, the banks are posting great profits. They are benefitting from government funds, and even Treasury Secretary Geithner has stated that most banks now have more money than they need. That extra infusion of bailout money to repair the financial system seems to have worked—for the banks. What about the consumers?

Loan programs are increasing, interest rates are low—but credit continues to deteriorate! Job losses continue as many businesses scale back on staff and are forced into layoffs. If you’re one of many working Americans who has lost a job or lives in fear of a job loss, then the success of Bank of America doesn’t do much to feed your family or put a roof over their head, does it? They still won’t give you a loan.

And Bank of America is just one striking example of how the bailout funds are working for the big banks and against average Americans. Bank of America posted a $4.2 billion profit in the first quarter of 2009, yet they have $1.3 billion in credit losses. Doesn’t this point to a huge problem that no one is addressing?

Credit card debt is the elephant in the room!

There’s about $110 billion left in the TARP funds. Where is it going to go? I hear all this talk about bolstering the financial industry and getting credit flowing again, but no one is looking at the credit situation from the buyers’ end! Nothing will start flowing until qualified buyers can actually get loans!

Crazy Ringmasters and Hoops for Home Loans

Home values are down and the real estate market is showing signs of improvement; but folks who can finally buy are forced to jump through double hoops. It’s like the banks are crazy ring masters!

Every day I hear from folks who are forced to go through a pre-qualification procedure with one bank, even though they already have a loan with another bank. Why? Banks that have foreclosures don’t even want to do loans on their own foreclosures, so you have to get pre-qualified by the first bank’s loan reps to get a loan with another bank. That’s crazy!

Why don’t those banks open the doors, loosen credit and make loans on their own bank foreclosures to the people that want to buy? If they make the terms better and easier to qualify they can stop the foreclosures, keep buyer paying the loans, and help to unclog the housing market. Everybody wins!

So why isn’t anyone talking about the credit card and qualifying situations? These are the issues I get calls about on my radio and podcast shows every day. Want to buy a home? There are thousands out there that banks, lenders and homeowners need to sell. It’s too bad that no one seems to be qualified to buy them.

We’ve got a $700 billion elephant in our nation’s financial living room. Maybe we should start talking about it.

Moratorium? Is that still on?? I see everyone got quite!!

Legal Notices in the December 24th Edition of the St. James Plaindealer.

Legal Notices