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Debt Consolidation elaborate please.

Posted on: 01st Aug, 2006 09:42 pm
I love the information that your website provides. It is indeed helpful in sorting out my mortgage related problems and coming to a decision. Though i would deeply appreciate it if you beef up your Mortgage Termiology section and add more topics to it.
I need to know more about Debt Consolidation Loans, and would be glad if you could put up a comprehensive post for it on your website.
Thank you so much.
Hi Abhijit,

Welcome to the forums.

It's good to see that our work is being appreciated. Our Community always tries to give its best to all our visitors and members. We try our level best to come up with resources that can provide complete knowledge to our visitors. We also update the resources from time to time.

Our Community will definitely consider your suggestions for further improvement. As far as debt consolidation loans are concerned, we already have a section on Debt Consolidation Mortgage.

Do let us know if you have any more suggestions.


Posted on: 01st Aug, 2006 10:11 pm
help me to find out from my situation. I'm 63 on pension and early SS retirement. Ilost my job and was laid off. I have my house for which I have to pay $1800 for mortgage. I couldn't pay such amount, found tenants who pay me $1200. My pension&early retirement amount is $1050 plus other expenses. I could not afford it and temporary left States. What should I do? Please help me.
Posted on: 01st Apr, 2009 07:21 pm
hi lucy,

why don't you go for a loan modification? have you informed your lender about the financial hardships you are facing due to the lay off? i think you should talk with the loss mitigation dept. and also send them a hardship letter stating your financial difficulties in recent times so they consider modifying your loan to lower your monthly payments.
Posted on: 02nd Apr, 2009 01:27 am
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