Charlotte wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
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“Dear Steve,
I want to know how to find a credible loan modification company. Is there a list of fraudulent companies as to the consumer will know who not to do business with? I am having the hardest time trying to find anything on the internet which will inform me of fraudulent companies.
I have a sell date on my home for the end of September and I am running out of time. Please help Thank you
Charlotte”
The Answer:
Dear Charlotte,
Your best bet is to contact a free HUD mortgage counselor to discuss your options. I’m afraid most of the loan modification companies charging fees are make sales but not making a difference. Read the following stories on loan modification companies.
