WHAT IS A QUALIFIED WRITTEN REQUEST AND WHY IS IT IMPORTANT
Do you know the rights afforded to you as a borrower or credit card holder? You do have rights!
It is always alarming to me to learn that credit is extended to unsuspecting borrowers without even a whisper of the rights of borrowers and credit card holders receiving the credit that further burdens their debt to income ratios and sometimes their livelihood. The reality is that there are rights afforded to borrowers and credit card holders through RESPA and the FDCPA.
So...what do your rights have to do with a Qualified Written Request (QWR) and how are they related? The QWR is a tool that can be used to uncover issues that plague both the loan and the mortgage industry like escrow discrepancies, predatory lending, fraud, robo-signing or false affidavits, and more. The QWR alone does not warrant dynamic negotiation positioning so in order to get results, the borrower must combine persistent aggressiveness with questioning the validity of the debt along with industry oversight.
There are tools and templates all over the internet to assist a borrower in preparing a QWR and where to send it. END Consulting also has a plethora of regulatory information on the website at www.ConsultingEND.com. There is absolutely no charge for a consultation or to call the lender/servicer to determine what options exist for the homeowner so please call (888) 234-7006 to get on the path to financial freedom.
We look forward to hearing from you at END Consulting!
Dana
Dana Leigh Shafman
Managing Member
END Consulting
Toll Free (888) 234-7006
Main (602) 396-5822
Fax (888) 234-7096
Dana@ConsultingEND.com
Put an END to your financial worries with a FREE consultation NOW (888) 234-7006
"The Daily Complaint" was created in hope that it would not only bring optimism to those homeowners and borrowers in distress but also some basic information. "The Daily Complaint" is committed to answering consumer complaints and addressing everyday credit and debt issues until consumers "know their rights". Listen LIVE weekdays at 8:30 am PT (11:30 am ET) or later to the archives at your leisure at www.TheDailyComplaint.com
Friday, February 7, 2014
WHAT IS A QUALIFIED WRITTEN REQUEST AND WHY IS IT IMPORTANT
Labels:
CFPB,
CREDIT CARD LAWSUIT,
CREDIT REPAIR,
DEBT SETTLEMENT,
FDCPA,
FORECLOSURE DEFENSE,
FTC,
LOAN MODIFICATION,
LOSS MITIGATION,
OCWEN,
QIALIFIED WRITTEN REQUEST,
QWR,
RESPA,
SHORT SALE,
VALIDATION OF DEBT LETTER
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