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 …

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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 …

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