Posted on: 16th Apr, 2010 04:43 pm
can you get a bank to lower the interest rate they offer they send offers then they say no credit score is to low i have never missed a payment on credit cards or mortgage i have high debt so i figured refinacing would save me money or would it be better to do a second mortgage help im so frustrated
vally, the best thing you can do is to ignore most of the mail you get, because those people who claim to know your circumstances truly don't. they're simply buying mailing lists and soliciting your business. you can go back and check with your existing mortgagee to see if there's a deal for you there, and you can always shop around as well. if you're not enthused about your current mortgagee, check with friends and family to see if you can get referrals to lenders who might do better for you.
second mortgage is probably not the way to go, but without knowing your precise circumstances, i wouldn't want to discount that, either.
second mortgage is probably not the way to go, but without knowing your precise circumstances, i wouldn't want to discount that, either.
thank you
