How to Cancel PMI
by Gary Foreman
Gary, I have a problem with my PMI. I have contacted the mortgage company on four different occasions to talk about canceling it. I want the extra money to start paying down the mortgage. On call one I was told it was going to automatically drop that same month so I did nothing. When several months had passed I called again. Is this normal or am I just being BS'd again. I had read for a long time how difficult it is to get them to drop PMI. Now I know what they mean. What can I do to get it dropped? Are there any rules, laws or governing bodies I can talk to about this constant run around? Keith
The TRUTH About Credit Repair
by Scott Bilker
Ads abound almost everywhere (online and off) selling books, systems and secrets to help you fix your credit in a hurry. Many of these programs have claims, which read like the covers of supermarket tabloids, "In 3 hours my credit score jumped from 580 to 676!"..."Erase bad credit and smash your debts with just 2 Magic Letters!"..."Create a completely new credit file in 24 hours!" Are these types of claims ALWAYS too good to be true? The answer is "Yes and...no."
DebtSmart Email Newsletter: 4/18/07
by DebtSmart Email Newsletter
Letter from the publisher; Cool Quote; DebtSmart® Recommended Products and Services; Chronic Debtor Help!; DebtSmart® Amazon aStore; Statistics: Single-Parent Households; "MUCH lower rates on my credit card"; The TRUTH About Credit Repair; Household Math™: Pool House Rock; Stop Debt Collectors Cold!; Credit Secrets Bible; Taking Control of Your Kitchen; More credit, more options!; Free DebtSmart® Column for in-print publication, ezine, or web site; Books, software, in-print and downloads; Archive of Email Newsletters online; Advertising; Update-Subscribe-Unsubscribe-Disclaimer Information
Mortgage company overcharges Denver man $38,000
by David I. Ginsburg
J.P. had been paying his mortgage on time for 15 years. In all that time he never thought for one moment that there was a problem with the payments. J.P. like many people simply assume that the bank knows how to do the math. He also assumed that the bank valued his patronage. Little did he know that he was overpaying the bank thousands of dollars without even knowing it!
DebtSmart Email Newsletter: 4/4/07
by DebtSmart Email Newsletter
Letter from the publisher; Cool Quote; DebtSmart® Recommended Products and Services; Effects of debt on obtaining a mortgage; DebtSmart® Amazon aStore; Subprime Home Loans; "That's $100.00 a month savings!"; Biweekly Mortgages: A Reader's Personal Story; Household Math™: Early Mortgage Payoff; Stop Debt Collectors Cold!; Credit Secrets Bible; Mortgage company overcharges Denver man $38,000; More credit, more options!; Free DebtSmart® Column for in-print publication, ezine, or web site; Books, software, in-print and downloads; Archive of Email Newsletters online; Advertising; Update-Subscribe-Unsubscribe-Disclaimer Information
I've been gouged for $99! Are bank charges negotiable?
by Scott Bilker
Hi Scott, This just happened to me in the last few weeks. I spoke to my bank (Bank of America aka BOA) about overdraft protection, which they said was a free service. I wrote a check, which would have caused an overdraft but since I had the overdraft protection, they took out 3k on our Visa account. Now we got the bill from Visa, which has both a transaction fee finance charge of $99.00 and a periodic rate finance charge. Is this a charge that I might successfully have waived?Thanks in advance. Marv
DebtSmart Email Newsletter: 3/21/07
by DebtSmart Email Newsletter
Letter from the publisher; Cool Quote; DebtSmart® Recommended Products and Services; I've been gouged for $99! Are bank charges negotiable?; DebtSmart® Amazon aStore; Household Debt Not So Bad; "That's $107.00 a month saving for 4 months!"; Is your credit score costing you a fortune?; Household Math™: Cash Flow; Stop Debt Collectors Cold!; Credit Secrets Bible; How Do You Want To Live?; More credit, more options!; Free DebtSmart® Column for in-print publication, ezine, or web site; Books, software, in-print and downloads; Archive of Email Newsletters online; Advertising; Update-Subscribe-Unsubscribe-Disclaimer Information
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