| Re: update from asc
hi,
our special forebearance plan shows 3 payments of 2,532.78-due april 15th, may 15, and june 15th. for the month of july it shows a very large balloon amount of 21,000! i just about fell over when i saw the balloon amount. i called asc and they told me not to make a payment in july because that is when they will take the balloon amount of 21,000 and modify our loan as long as we are on time with our 3 payments. we did make our 1st payment and what a huge weight off our shoulders. they told me by the time they are done completing our loan mod our first payment wont be due until oct.1st. that means no payments from july until oct. they advised to start putting money away during that time. i have to say my whole experience with asc has been pleasant, no problems at all, they always told me they want to help their customers. i am so happy that you were offered the special forebearance plan as well. this puts us on the road to recovery. if you have any other questions or need some help please let me know. talk to you soon  |