Question by Seafoodlover: Is it legal for a creditor to tell you they can’t “secure your loan” unless you give them a post dated check? My car payment was due on the 15th of the month. I have a 10 day grace period. I was unable to pay before the grace period expired this month. [...]
I had two student loans each about 2,500 dollars each. I have been out of work for 5 years raising my duaghter and haven’t been able to afford any kind of payments on the loans. Since then a creditor has taken over. I now owe 8,000 to them. Is there any student loan companies that [...]
You have tried to negotiate with your lender and have failed to get a loan modification. Usually, most creditors offer loan modification rather than losing so much of their money. However, if your creditor has not budged and you have no means to pay him back, then you may file bankruptcy.
What should you do if you simply don’t have the money to rescue the account from charge-off, or if the account has already been charged off by the creditor?
Hi Experts! I am recovering from a hit to my credit report in the form of two consecutive non-payments on a small student loan. The loan bill was sent to my parents house who are retired and have been in Europe for the past 3 months so I don’t completely blame myself. However – I [...]