Latest Posts
Home > Ask The Get Out of Debt Experts > Should I Do Business With My Homeowners Advocate / – David

Should I Do Business With My Homeowners Advocate / – David

“Dear Steve,

I am in terrible financial situation. I have 4 credit cards and they are almost maxed out. Two of them from 2 credit unions and 2 from American Express. I can’t seem to pay them off or try to get the creditors to lower the interest rate. The highest rate is 17% ( from a credit union) and the other 3 are around 9%-11%. In addition, I am trying to ask my bank to provide a permanent load modification for me. I’ve tried this for 3 years with no success on my own. So, I came across and they seem ligit. However, your investigation and your report speak otherwise.

Please give me some advise regarding what to do with my credit cards and my mortgage (also should I do business with MyHomeOwnerAdvocate?).


Dear David,

Regarding My Homeowners Advocate all I can say is you can read these past posts and reader comments on those pasts in an effort to help inform you about any decision you make to utilize those services. You should also use other general awareness tools as well like contacting the BBB or the Attorney General office in the state the company is located in to ask about any complaints.

From what you’ve shared it seems you have a larger financial problem going on here other than just the modification of your mortgage. Whatever has happened has led to not only the mortgage being unmanageable but also problems with your ability to pay down or pay off your credit cards.

It’s one thing to tackle one issue or another but I think I need some more information about what the underlying issue is with your income. Have you had a reduction in income that has led to you relying on the credit cards to get by? Do you see any possibility of increasing your income in the near future?

Please answer my questions in the comments section below.

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.


I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.