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If I actually got a borrower on the line, I was supposed to convince him or her to either fork over or sign a new deferment deal.
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Under Education Department contracts, collection companies "rehabilitate" a defaulted loan by getting a borrower to make nine payments in 10 months.
It usually takes a great deal more work to get a borrower with credit issues by the underwriter.
Getting a delinquent borrower current on a loan by adding the payments that are owed is considered a forbearance, not a loan modification.
"In one case," Ms. Killian said, "the new score got us the two points we were looking for, and the borrower got a much better loan".
Less than 3% of seriously delinquent borrowers got a mortgage modification that reduced their monthly payments in the year after they got into trouble.
The rules now being applied, in some cases clumsily, had a Goldilocks quality; to get a modification a borrower had to need it a lot, but not too much.
TitleMax promises to "make getting cash easy!" To get a loan, borrowers with "good credit, bad credit, or no credit" need only turn over the title to their car.
Some borrowers who got a temporary modification but did not qualify for a permanent one have said they ended up worse off financially.
By the time Mr. Hill gets involved, a borrower is typically 60 days behind on payments.
A borrower with a credit score of 620, for example, will pay about three-quarters of a point more to get a loan than a borrower with a score of 720.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com