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 …
Question: Dear Steve, I am 32,000 in debt from student loans. My mother pulled out these loans under my name and using my login information on the college site. All of this money did NOT go to me. I was never allowed to ask where it went or how much she was pulling out under …
Question: Dear Steve, My daughter signed up for two credit cards and had my name added on I did not sign anything. If my daughter files for bankrupt can they go after me for the balance? Jerry Answer: Dear Jerry, Yes, unless you identify yourself as a victim of identity theft. You will need to …
Question: Dear Steve, I graduated from college in 2014 after spending five years in school due to a college transfer my second year in making me incur an extra year. I have several student loans in my name, mostly through Navient and a Perkins loan in my name I believe that’s currently being paid by …
Question: Dear Steve, My husband and his business partner used my daughter info to get a private loan. The partner later took my husband to court alleging identity theft because the loan was also in my daughter’s name she was also implicated but charges were later dropped and it was later determined that actually her …
Question: Dear Steve, Ex-wife took out a student loan in my name without my knowledge. didn’t care at the time but now it’s affecting my ability to go back to school since there are holds in my name. What do I do now? Do I have to pay back the loan? Can I ever go …
Question: Dear Steve, My husband filled out several car loans applications without my knowledge and put me in as co-applicant, now I have 8 hard inquiries on my report and can’t get them off How do I get them off, equifax took them off but TransUnion won’t. Gail Answer: Dear Gail, The issue here has …
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 …
Question: Dear Steve, When I was 18 (2011) my dad forced me to go to a community college but only online. (he is a controlling person who never let my sister or I outside the house). He told me that I needed to take out student loans to pay for college (on top of FAFSA). …
Question: Dear Steve, My husband is listed as a cosigner on a Navient student loan dating back to 2006. He was living with a woman in MA and this loan was for the woman’s daughter. The issues. 1. He does not remember signing for this, we only recently found out about it when pulling a …