Loan Modification Forum - LoanSafe.org - View Single Post - Modification? Forebearance? I'll Flip a Coin!

Kalvin09 · 04-10-2009, 03:22 AM

Calli09

I received the trial package tooo and also a forebearance letter from my loan analyst.

When I called the number on the trial package, it went to the Home Retention Department(third party company hired by Chase). They said that my payments during trial period will not be reported late, as I was current before I get on to the trial period.

I asked them to give me in writing, but they did not. I dont how much of this is true.....as it is a third party compant, they might just want everybody to accept this offer......And also they said, the new interest rate offer will be provided to me after I make the first payment. At that time, if I do not like the offer, I can go back to the original payment method.....

I called the executive team and left a VM

04-10-2009, 03:22 AM	#62 (permalink)
Kalvin09 Senior Member Join Date: Mar 2009 Posts: 69 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Modification? Forebearance? I'll Flip a Coin! Calli09 I received the trial package tooo and also a forebearance letter from my loan analyst. When I called the number on the trial package, it went to the Home Retention Department(third party company hired by Chase). They said that my payments during trial period will not be reported late, as I was current before I get on to the trial period. I asked them to give me in writing, but they did not. I dont how much of this is true.....as it is a third party compant, they might just want everybody to accept this offer......And also they said, the new interest rate offer will be provided to me after I make the first payment. At that time, if I do not like the offer, I can go back to the original payment method..... I called the executive team and left a VM