Rapid Reader Questions, Debt Consolidation, Navient, Credit Score, Fraud, and More

Q: Is it legal for a mortgage company to all of a sudden demand a deferment balance from 10 years ago now, or will they foreclose on the home I am one month behind on the monthly payment? A: That sounds a lot like a balloon mortgage (a mortgage in which a large portion of … Read more

I Took Out Student Loans Fraudulently and Want Them Forgiven

Question: Dear Steve, I applied for and signed my children’s names to their private student loans. They each have loans in the six figures. The private loans was on their school website, right next to the federal loans. My husband and I believed we could pay them off and then the financial crisis hit. I … Read more

My Father Stole My Identity and Ran Up Bills But I Need Student Loans

Question: To put it most simply, I am 23 years old. Never once had a credit card – always debit. Never did anything wrong. Unfortunately, my father had my social security number, and completely destroyed my credit. It’s f**ked up, I know, but that’s the current situation. My credit score, I just found out, is … Read more

A Truck Driving School I Never Attended Sued Me. – Randall

“Dear Steve, A TRUCK DRIVING SCHOOL I NEVER ATTENDED HAS PUT A JUDGEMENT WITH EQUIFAX. THIS SUBMISSION WAS WITHOUT INFORMING ME OF ANY OF THE RELEVENT NFORMATION. EQUIFAX REFUSES TO REMOVE THIS ITEM. I LIVE IN S.C NEAR THE GA. BOARDER AND CAN GET TO ATLANTA. IN TWO HOURS. CAN I SUE EQUIFAX IN SMALL … Read more