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phonyfeminazi Expert
Joined: 30 Sep 2008 Posts: 7819
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Posted: Fri Mar 19, 2010 3:42 pm Post subject: Thank You, O'sama............ |
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WASHINGTON (AP) -- Some homeowners who sign up for the government's mortgage assistance program are getting a nasty surprise: Lower credit scores.
For borrowers who are making their payments on time but are on the verge of default, the Obama administration's loan modification program can reduce their credit score as much as 100 points. That makes it harder to get a loan and can present a problem when applying for a new job.
Housing counselors say it's unfair, especially because the news often comes as a surprise to homeowners.
"Why should people's credit be hurt even worse when they're trying to do the right thing?" said Eileen Anderson, senior vice president at Community Development Corp. of Long Island, a housing counseling group in New York.
And many homeowners are angry that a program designed to help carries such a penalty, said Kathy Conley, a housing counselor with GreenPath Inc., a nonprofit group in Farmington Hills, Mich.
"It's a feeling of being duped," she said.
_________________ Exposing the secular humanist liberal "progressives". |
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Cylinsier Master
Joined: 29 Sep 2008 Posts: 13229 Location: Oh shi-
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Posted: Fri Mar 19, 2010 3:45 pm Post subject: |
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So you get yourself in a situation where you can't afford your mortgage, and you get upset when your credit score takes a hit? So much for personally responsibility. Surprise: you make chitty financial decisions, your credit score drops. _________________ The end is nigh! OR forums die APRIL 1. Don't lose contact! Join the forums at bogsource.com now! |
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dick Journeyman
Joined: 28 Jan 2009 Posts: 3134
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Posted: Fri Mar 19, 2010 3:54 pm Post subject: |
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It also may make it more difficult to rent off the upstairs of my duplex. I don't want no stinking 500 credit score having low life up in my piece! Eff dat.
But really? You needed an article to tell you that taking government assistance will effect your score? Wake up white people! _________________
Proud Member NDA
Its okay to eat fish because they don't have any feelings.
Puff. Puff. Give. |
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phonyfeminazi Expert
Joined: 30 Sep 2008 Posts: 7819
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Posted: Fri Mar 19, 2010 3:55 pm Post subject: |
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Cylinsier wrote: | So you get yourself in a situation where you can't afford your mortgage, and you get upset when your credit score takes a hit? So much for personally responsibility. Surprise: you make chitty financial decisions, your credit score drops. |
Abomb!, I took PERSONAL RESPONSIBILITY years ago (decades ago) and today, my homes are paid for....no debt, other than a car payment, money in the bank, and a few other investments....
THANK YOU!!!!!..........and continue paying your taxes so my checks don't stop..... _________________ Exposing the secular humanist liberal "progressives". |
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Cylinsier Master
Joined: 29 Sep 2008 Posts: 13229 Location: Oh shi-
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Posted: Fri Mar 19, 2010 3:58 pm Post subject: |
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Don't worry, freeloader phony, I will continue paying your welfare out of my taxes. _________________ The end is nigh! OR forums die APRIL 1. Don't lose contact! Join the forums at bogsource.com now! |
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busdriver Journeyman
Joined: 16 Mar 2009 Posts: 3497
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Posted: Fri Mar 19, 2010 4:12 pm Post subject: |
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dick wrote: | It also may make it more difficult to rent off the upstairs of my duplex. I don't want no stinking 500 credit score having low life up in my piece! Eff dat.
But really? You needed an article to tell you that taking government assistance will effect your score? Wake up white people! |
You may have to take the Bitter(family) with the suite. |
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dick Journeyman
Joined: 28 Jan 2009 Posts: 3134
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Posted: Fri Mar 19, 2010 4:17 pm Post subject: |
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Ok, bitter and sweet. Are we talking about beer? Otherwise, I'm not following. _________________
Proud Member NDA
Its okay to eat fish because they don't have any feelings.
Puff. Puff. Give. |
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busdriver Journeyman
Joined: 16 Mar 2009 Posts: 3497
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Posted: Fri Mar 19, 2010 4:30 pm Post subject: |
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Cylinsier wrote: | Don't worry, freeloader phony, I will continue paying your welfare out of my taxes. |
and when you lose your job because your employers funding was terminated because the country has no taxes coming in because there are no jobs ( and the vicious cycle always following that, like you cut back and another one gets layed off etc. etc.)
How long before phony's checks stop? They are now taking SS money out of the Parkersburg, WVA SS storage facility because more money is going out to pay SS then is coming into the SS fund.
Seriously, something is going to have to be done with people over 55 and sick people of all ages in this country, we simply no longer can afford them. Just look at all the bitching on this board; it is worse all over the country.
If no one is going to step up and put our factories back to work, then they should step back and handle this problem, something needs to be done one way or the other. |
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Cylinsier Master
Joined: 29 Sep 2008 Posts: 13229 Location: Oh shi-
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Posted: Fri Mar 19, 2010 4:31 pm Post subject: |
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Well, you can't step up and put factories back into work making products that aren't in demand. You just siphon off money that's not being refilled doing that. _________________ The end is nigh! OR forums die APRIL 1. Don't lose contact! Join the forums at bogsource.com now! |
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busdriver Journeyman
Joined: 16 Mar 2009 Posts: 3497
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Posted: Fri Mar 19, 2010 4:39 pm Post subject: |
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dick wrote: | Ok, bitter and sweet. Are we talking about beer? Otherwise, I'm not following. |
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It also may make it more difficult to rent off the upstairs of my duplex. I don't want no stinking 500 credit score having low life up in my piece! Eff dat.
Suite, not sweet, to a 500, it would not be a duplex, it would be to them a suite.
The Bitters are the 500 credit folks, so "you will have the Bitter with your suite" Thanks again to Obama |
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busdriver Journeyman
Joined: 16 Mar 2009 Posts: 3497
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Posted: Fri Mar 19, 2010 4:41 pm Post subject: |
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Cylinsier wrote: | Well, you can't step up and put factories back into work making products that aren't in demand. You just siphon off money that's not being refilled doing that. |
monkey wrench,dammit, correct that sign |
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Cylinsier Master
Joined: 29 Sep 2008 Posts: 13229 Location: Oh shi-
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Posted: Fri Mar 19, 2010 4:42 pm Post subject: |
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No! I am a socket wrench, cause I sock it to you on a daily basis! _________________ The end is nigh! OR forums die APRIL 1. Don't lose contact! Join the forums at bogsource.com now! |
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busdriver Journeyman
Joined: 16 Mar 2009 Posts: 3497
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Posted: Fri Mar 19, 2010 4:57 pm Post subject: |
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Cylinsier wrote: | Well, you can't step up and put factories back into work making products that aren't in demand. You just siphon off money that's not being refilled doing that. |
Then if there is no demand(and this can drag on longer then Obama's many "In my first year I will change everything promises" (and he did , changed the word,"everything" to "nothing") then why are there tons and tons in boats coming here from China?
You know those factories were right here on our soil and for years they provided every essential needed by the working American family. When one factory was out dated another took its place, (kerosene lamps became electric bulbs, ice boxes became refrigerators0 etc.
Today they are Chinese sweat shops
, |
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Cylinsier Master
Joined: 29 Sep 2008 Posts: 13229 Location: Oh shi-
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Posted: Fri Mar 19, 2010 5:31 pm Post subject: |
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You know the answer to that question. _________________ The end is nigh! OR forums die APRIL 1. Don't lose contact! Join the forums at bogsource.com now! |
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phonyfeminazi Expert
Joined: 30 Sep 2008 Posts: 7819
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Posted: Fri Mar 19, 2010 8:46 pm Post subject: |
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busdriver wrote: | Cylinsier wrote: | Well, you can't step up and put factories back into work making products that aren't in demand. You just siphon off money that's not being refilled doing that. |
Then if there is no demand(and this can drag on longer then Obama's many "In my first year I will change everything promises" (and he did , changed the word,"everything" to "nothing") then why are there tons and tons in boats coming here from China?
You know those factories were right here on our soil and for years they provided every essential needed by the working American family. When one factory was out dated another took its place, (kerosene lamps became electric bulbs, ice boxes became refrigerators0 etc.
Today they are Chinese sweat shops
, |
YOU TELL 'EM BUS.....China doesn't tax businesses....they encourage business... _________________ Exposing the secular humanist liberal "progressives". |
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