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Re:loan modification question (1 viewing) (1) Guest
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TOPIC: Re:loan modification question
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Brian (User)
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Re:loan modification question 1 Year, 11 Months ago Karma: 1  
I dont think you need to miss a payment in order to get a reduction in the interest rate. I would encourage you to call the lender and attempt to restructure the loan before you sacrifice your credit score. The fact that you are unemployed should help your case. They might even make a short term adjustment to the loan and add the difference to the back end to help you out during this period of hardship.

Call the bank before you stop your payments.
 
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loan modification question
acme 2010/02/16 22:45
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thread linkthread link Re:loan modification question
Brian 2010/02/24 20:37
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