I am sorry for you guys and what you are going through right now. I don't know what kind of work you do but have you went to the temp places yet and put in an app
Also make flyers and put them in laundry mates and krogers and places were they have boards Offer services like
Just make sure that you pay your mortgage, car and necessities (like electricity, etc.) because those are secured. They can repo your car, foreclose on your house or disconnect electricity, gas, etc.
Not that long ago they were talking with a finance adviser on the Today Show (I think it was the Today Show) who said so many people are making mistakes of paying the minimum to their credit card FIRST and neglecting to pay other notes that are secured debt.
Everyone hates to not pay credit cards, because then you get harrassed, but it is better to ignore their phone calls than to possible have your car repoed.
Call whoever you have the student loan with and ask for a deferrment. They will usually do it for a year at a time.
Also, call the company who has the truck note. Ask them for a deferment also. I was able to get a deferrment from Ford Credit for 2 months. They were super nice about it and asked if all I needed was 2 months. I have to sign a paper agreeing that I understood that these two payments would be added to the end of the note, extending my loan by 2 months.
All companies know how the economy is right now and they would rather make a deal with you, such as deferrments or work out some type of payment agreement, than have to spend $ to repo a car and possible not get what is owed on the note, or repoing the house b/c the housing market is horriable right.
I know one woman who did not pay her house note b/c she could not afford it. She decided to default on the note and let the bank foreclose on her house. It took the bank 13 months to change the locks. She was able to live there for 13 months without paying a note. I am not saying to do this, but this is the type of situation banks/mortgage companies are in also. IF they were to foreclose on your house for non-payment, they can not find people to buy. Your mortgage should be one of the first things you pay, since it is secured.
I think if you call the car loan company and the student loan company and explain to them your situation, they will be willing to work with you.
I am sorry for you guys and what you are going through right now. I don't know what kind of work you do but have you went to the temp places yet and put in an app
Also make flyers and put them in laundry mates and krogers and places were they have boards Offer services like
I am sorry that you are going through this.
Just make sure that you pay your mortgage, car and necessities (like electricity, etc.) because those are secured. They can repo your car, foreclose on your house or disconnect electricity, gas, etc.
Not that long ago they were talking with a finance adviser on the Today Show (I think it was the Today Show) who said so many people are making mistakes of paying the minimum to their credit card FIRST and neglecting to pay other notes that are secured debt.
Everyone hates to not pay credit cards, because then you get harrassed, but it is better to ignore their phone calls than to possible have your car repoed.
Call whoever you have the student loan with and ask for a deferrment. They will usually do it for a year at a time.
Also, call the company who has the truck note. Ask them for a deferment also. I was able to get a deferrment from Ford Credit for 2 months. They were super nice about it and asked if all I needed was 2 months. I have to sign a paper agreeing that I understood that these two payments would be added to the end of the note, extending my loan by 2 months.
All companies know how the economy is right now and they would rather make a deal with you, such as deferrments or work out some type of payment agreement, than have to spend $ to repo a car and possible not get what is owed on the note, or repoing the house b/c the housing market is horriable right.
I know one woman who did not pay her house note b/c she could not afford it. She decided to default on the note and let the bank foreclose on her house. It took the bank 13 months to change the locks. She was able to live there for 13 months without paying a note. I am not saying to do this, but this is the type of situation banks/mortgage companies are in also. IF they were to foreclose on your house for non-payment, they can not find people to buy. Your mortgage should be one of the first things you pay, since it is secured.
I think if you call the car loan company and the student loan company and explain to them your situation, they will be willing to work with you.
Hope some of this info helps.
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Hi Jessica,
Sorry to hear things are so tough right now.
Thank you ladies for all of your advice and support.
Wife to Tim, Stepmom to Chris and Kaylin
I'm sorry to hear you are in such a bind.
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