Reply
Regular Contributor
Posts: 112
Registered: ‎08-30-2011
0

This story is so sad!!:( Wells Fargo!!!!

[ Edited ]

http://gma.yahoo.com/california-man-commits-suicide-foreclosure-171839159--abc-news-money.html

 

 

This is devastating to me!!! I can not beleive what kind of world that this has become!!! Money hungry Banks, polititians, government!! Pretty sad that a HUMAN life had to end from all the pressure!! What ever happened to Compassion??? Now a days it is just bottom dollar!!


Starting Score: 8/30/11 EQ 520 TU98 593
Current Score: LO Pull 3/5/12 EQ 659 TU04 652 EX 649
LO Pull 5/26/12 EQ 656 TU04 668 EX 651
Goal Score: 700 by 12/30/12


Take the FICO Fitness Challenge
Frequent Contributor
Posts: 470
Registered: ‎02-07-2011
0

Re: This story is so sad!!:( Wells Fargo!!!!

[ Edited ]

Good lord that's tragic. Thoughts out to the family.

 

But to your point, the story doesn't exactly go into detail about the personal lives of these folks... There is always more to it than the printed word.

 

Edited for several dozen reasons...

"Credit is purely a cash flow tool. Thinking of credit as extra money you didn't have before makes it an EXPENSIVE cash flow tool."
Regular Contributor
Posts: 112
Registered: ‎08-30-2011
0

Re: This story is so sad!!:( Wells Fargo!!!!

I agree!! There, I am sure, is way more to the story, but the economic crisis is a HUGE factor in many of the suicides I have been reading about lately!! 


Starting Score: 8/30/11 EQ 520 TU98 593
Current Score: LO Pull 3/5/12 EQ 659 TU04 652 EX 649
LO Pull 5/26/12 EQ 656 TU04 668 EX 651
Goal Score: 700 by 12/30/12


Take the FICO Fitness Challenge
Senior Contributor
Posts: 3,491
Registered: ‎07-25-2008
0

Re: This story is so sad!!:( Wells Fargo!!!!

Why won't banks do a mod until there are late payments? Is it just to tack on fees out of greed?


Starting Score: 675
Current Score: EX 753 FICO, EQ 737FICO, TU 738
Goal Score: 776 FICO


Take the FICO Fitness Challenge
Valued Contributor
Posts: 1,157
Registered: ‎05-21-2008
0

Re: This story is so sad!!:( Wells Fargo!!!!


drkaje wrote:

Why won't banks do a mod until there are late payments? Is it just to tack on fees out of greed?


My guess would be that anyone approaching a bad financial situation requests modification.  They must figure that people are going to try to remain current, and only risk falling behind to get a modification if they have no other choice.


Starting Score: EQ: 665 - TU: 687
Current Score: EQ: 749 - TU: ---
Goal Score: EQ: 760 - TU: 760


Take the FICO Fitness Challenge
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.