There is no magic to paying down debt. The only way to pay less interest is to pay more principal. Equity cycling requires you to have more income than expenses, so you can pay the excess income towards the principal and your equity line of credit *MUST* have a lower cost than your mortgage (unlikely). Check my YouTube channel for free videos on financial literacy.
There are laws prohibiting fees being charged up front for foreclosure assistance, says Mortgage Lending Commissioner Joe Waltuch. According to NRS 645F.400, foreclosure consultants cannot charge a fee before they have performed the services youve contracted for.
California's Mortgage Foreclosure Consultant Act at Civil Code 2945.4(a): "It shall be a violation for a foreclosure consultant to:
(a) Claim, demand, charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented that he or she would perform."
Yes, there is software. It's called an Excel spreadsheet.
scoobydo 1 month ago
There is no magic to paying down debt. The only way to pay less interest is to pay more principal. Equity cycling requires you to have more income than expenses, so you can pay the excess income towards the principal and your equity line of credit *MUST* have a lower cost than your mortgage (unlikely). Check my YouTube channel for free videos on financial literacy.
UltimateBargains 2 months ago
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this sounds like a scam
virtualwebman 8 months ago
There are laws prohibiting fees being charged up front for foreclosure assistance, says Mortgage Lending Commissioner Joe Waltuch. According to NRS 645F.400, foreclosure consultants cannot charge a fee before they have performed the services youve contracted for.
sickwiththetruth 3 years ago
This has been flagged as spam show
California's Mortgage Foreclosure Consultant Act at Civil Code 2945.4(a): "It shall be a violation for a foreclosure consultant to:
(a) Claim, demand, charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented that he or she would perform."
sickwiththetruth 3 years ago