Posted on: 12th Apr, 2010 06:08 pm
I was approved for a modification which just delayed my monthy payments for a period of 3months. I agreed be cause it was the only plan available to me and my wife due to the monthly income. However our situation remained the same with the exception of bringing down some of our credit card balances. However recenty our monthly income has been reduced by 90.00 We have been asked to update all paperwork for further consideration. Do you think they may offer us a different plan? Also are there any consideration for veterans. The main reason we applied is becuase I have a chronic liver condition that requires costly medication not cover by ou medical inaurance
Hi sudpub!
Welcome to forums!
I would suggest you to submit the required paperwork. It will be completely the lender's discretion as to what type of payment plan he may offer you. If the lender is convinced about your financial situation, then he would give you a better payment plan to pay off the loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
I would suggest you to submit the required paperwork. It will be completely the lender's discretion as to what type of payment plan he may offer you. If the lender is convinced about your financial situation, then he would give you a better payment plan to pay off the loan.
Feel free to ask if you've further queries.
Sussane