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

Regular Contributor

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

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!!


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4 REPLIES
Frequent Contributor

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

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

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


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Senior Contributor

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?


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Valued Contributor

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.


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