I had a foreclosure over 2 years ago that was rescinded within a few weeks. I still own the house and I still have the same Wells Fargo Loan. Wells Fargo would not remove it from my credit report when I disputed it last year, so before I try again, any suggestions on what angle I should take?
If they will not remove it, how long does a Foreclosure affect my credit score negatively?
Has anyone else even heard of a rescission? I never have which is why I am asking. Even people at Wells Fargo didn't know what I was talking about when I would call.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.