Sept 29 I had the pleasure of receiving a referral from a previous client of a young lady who had been experiencing problems, like many, during the application of her loan modification. After speaking with this young woman I learned that not only was she having trouble, but the bank did not extend her sale date as promised and foreclosed on her home which was sold at auction to an investor.
All odds it seemed were against her, but in our persistence (working together) and our numerous requests to the presidents office (at Wachovia) to reverse the foreclosure; in the 11th hour (the day she was appear before the judge for an eviction), the bank not only purchased the home back from the investor, but also modified her loan reducing her payments by over 30%.
•You may boost your credit score by opting out of the prescreened credit offers received in the mail.
•Go to http://www.optoutprescreen.com/ and opt out for 5 years.
Every 12 months you are able to get all 3 of your credit reports for FREE athttp://www.annualcreditreport.com/. These are totally FREE if you DO NOT request a credit score. They are selling you a consumer score and it is not the same as what the lender pulls. For an accurate credit score you can get your TransUnion and Equifax score at http://www.myfico.com/ for a fee. Experian is no longer allowed to resell a FICO score and the only way to get an accurate score from Experian is to have a lender pull it.
To read more about MISLEADING CREDIT SCORES, visit http://redtape.msnbc.com/2011/04/lawsuit-experian-sells-misleading-credit-scores.html