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Old 08-12-2009, 03:32 PM   #11 (permalink)
sandyg
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Re: Credit Cards Debt and it's Impact on Loan Modification

Quote:
Originally Posted by hope67 View Post
I'm past due on my mortgage, yet the credit cards that charge me 8% interest didn't raise the interest rate. I'm sure they will now because I'm about to be 30 days late paying them.

They pulled my credit report and raised my rates before I was late on any of my CC's. And of course the 1st to do so was BOA...Imagine that?

Once I get these mod's done I will seriously have to look into a 13 BK. You have to pay $500 a month for 5 years on a 13. Man that is a long time!
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