Comments on: Who Determines What’s An Acceptable Workout? http://www.truthinforeclosure.com/who-determines-whats-an-acceptable-workout Sun, 22 Aug 2010 22:39:10 +0000 http://wordpress.org/?v=abc hourly 1 By: Todd http://www.truthinforeclosure.com/who-determines-whats-an-acceptable-workout#comment-58 Todd Tue, 11 Nov 2008 20:37:04 +0000 http://www.truthinforeclosure.com//?p=595#comment-58 Great point. Lenders don't normally run a credit check until you've turned in your hardship package and they've reviewed everything to make sure your information is complete and accurate. Then they will pull a credit report to make sure you told the truth in your hardship package. It's not unusual for homeowners to leave credit card account, car loans, or other monthly obligations off their hardship package to try to skew the numbers. Make sure you don't do this because it will undermine your entire effort. Great point. Lenders don’t normally run a credit check until you’ve turned in your hardship package and they’ve reviewed everything to make sure your information is complete and accurate. Then they will pull a credit report to make sure you told the truth in your hardship package.

It’s not unusual for homeowners to leave credit card account, car loans, or other monthly obligations off their hardship package to try to skew the numbers. Make sure you don’t do this because it will undermine your entire effort.

]]> By: Jipson http://www.truthinforeclosure.com/who-determines-whats-an-acceptable-workout#comment-45 Jipson Sun, 02 Nov 2008 00:01:49 +0000 http://www.truthinforeclosure.com//?p=595#comment-45 Lenders are going to take a long, hard look at your personal information. This includes your work history as well as your credit history. This is great news for some consumers and a great cause of stress for others. No matter what, this information has to be included in the hardship application process. Lenders are going to take a long, hard look at your personal information. This includes your work history as well as your credit history. This is great news for some consumers and a great cause of stress for others. No matter what, this information has to be included in the hardship application process.

]]> By: Who Determines What’s An Acceptable Workout? http://www.truthinforeclosure.com/who-determines-whats-an-acceptable-workout#comment-37 Who Determines What’s An Acceptable Workout? Sun, 19 Oct 2008 09:57:23 +0000 http://www.truthinforeclosure.com//?p=595#comment-37 [...] Go to the author’s original blog: Who Determines What’s An Acceptable Workout? [...] [...] Go to the author’s original blog: Who Determines What’s An Acceptable Workout? [...]

]]> By: Who Determines What’s An Acceptable Workout? http://www.truthinforeclosure.com/who-determines-whats-an-acceptable-workout#comment-36 Who Determines What’s An Acceptable Workout? Sun, 19 Oct 2008 08:56:05 +0000 http://www.truthinforeclosure.com//?p=595#comment-36 [...] Read the rest of this great post here [...] [...] Read the rest of this great post here [...]

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