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Archive for the ‘Chase’ Category

The climate of the economy has made many lose their jobs, face pay cuts and endure lay-offs. The problems faced by all are universal. The mortgage payments payable monthly by homeowners has risen out of proportion to a person’s capacity to pay. Therefore, defaults naturally follow suit resulting in the risk of losing their homes by the borrowers of home loans. There are many lenders in the market and if Chase Bank is your lender than this article will be of immense help for you.

The Chase Bank Mortgage Loan modification is a great break-through for many suffering homeowners by saving their homes from auction due to non-payments of their monthly dues. The bank stipulates certain terms and conditions which are user friendly. The bank insists on informing the mortgagor before they default a payment. This will help the bank to depute a representative for a free and frank discussion with the borrower. The borrower shall be ready with his last two-month bank statement, income tax statement along with the pay slips and hardship letter. Each customer is treated as a separate entity and their income and expenses assessment are used to draw a suitable plan to avoid defaults.

The Bank’s Foreclosure Rescue program is unique by preventing foreclosure before 5 days of foreclosure by holding it through reviewing the customer file. The other Enhanced Streamline Refinance Program rescues the borrowers from its adjustable mortgage rates to fixed mortgages rate with full ease. The banks get the help of the community group to meet the borrowers in public places like hotels and churches. Such efforts help the borrowers to get themselves clear on the banks efforts to save their homes by suitable retrieval packages. Project Lifeline needs a mention here in which the bank also joined which have a unique package to save the homeowners who are ninety days behind their payments from stopping the foreclosure process for a period of thirty days. It has bailed out many homeowners who have problems in repaying their dues for primary homes and not just the sub-prime borrowers through refinance deals.

The performance of the plan is also very impressing with settling of fifty-one percent of chase serviced sub prime ARMs (about fifty-nine percent of the full dollar amount) which were due for resettlement by March 2008. The prime borrowers received help to modify and refinance an amount greater than 415 million dollars. JP Morgan Chase Bank’s Mortgage Modification Program has helped millions of Americans to gain financial stability.

Chase recently introduced a Blueprint program, which is geared for customers who want to take more control of their finances. Blueprint is available on a number of Chase cards, including the Chase Slate with Blueprint credit card. If you want to get a credit card that can help you straighten out what you owe, read the following information.

How Blueprint Works

The Blueprint program does not cost anything. Customers who have the Chase Slate with Blueprint card can choose one of four ways to pay off their balance. The first, called Full Pay, allows cardholders to choose which purchases they want to pay for in full each month. This allows them to pay for these items without having to spend any money on interest charges.

The second option is known as Split. It lets customers manage larger purchases. When you buy a big-ticket item, like a dishwasher or new bedroom set, you can choose how many payments you’d like to make on it or how much you want to put toward the amount every month. Chase then provides calculations so you know how much you have to pay and when, and how long it will take you to get the balance back to zero.

The third option, known as Finish It, allows you set up a plan to pay down the current balance faster. With your Chase Slate with Blueprint credit card, you can choose a date and make it your goal to get rid of the debt by that day. Chase will do the math for you and set up a plan so that you can reach your goal.

The final way is called Track It, and it shows you how you have used your credit card. While many companies come out with a printout of this on your statement at the end of the year, Chase allows you to find out where your money has been going in real time. You can check it whenever you want online to see how you’re doing.

Chase Slate with Blueprint Credit Card

In addition to the Blueprint program, this card offers some other features for customers who sign up for it. It has a 0% introductory rate on both purchases and balance transfers. The amount of time that this lasts depends on your credit history and rating. It usually ranges somewhere between six and twelve billing cycles.

The card has no annual fee. It has a relatively low APR for those with a strong credit rating. For those with a lower credit score, the APR is higher.

The Chase Slate with Blueprint credit card is one that can work for those who want some help managing their finances. In today’s credit world, a lot has been said about Americans getting into debt and having trouble getting out of it. The Blueprint may be the first of a new trend that focuses on teaching better habits.

If you’re interested in getting a card that has the Blueprint program, start your search online. The Chase Slate with Blueprint credit card is one of a number of options you’ll find. Before you apply, read through the terms and conditions. This will give you a thorough understanding of what’s in store with the card.

Are you in need of a loan modification with Chase? This article will give you some insights on what you can do.

First off, Chase owns EMC.  So, if you are fortunate enough to have an EMC statement, you can actually get this loan modified in one day.  There is a company that can do this for you.  They will get authorization to speak with your lender on your behalf, contact them and get the modification done in about a day if you qualify.  You must have a financial hardship to get accepted.  They do all this for you with no upfront fees and you get to find out your new rate and payment before you pay as well. 

For other homeowners, there are other options out there for you.  If you have not tried to get a Chase loan modification, you should contact your lender and give it a shot.  If you are denied, you might want to consult a professional.  The only thing bad about this option is that you will give Chase all your financial information during this process, which is crucial to getting approved.  It may be difficult if you get denied to go back and re-apply with completely different financial information…

That is the key to getting a modification approved, with any lender.  You have to have the right balance of income vs. your expenses.  You do want to appear dirt poor and you can’t make too much money either.  It’s a fine line between acceptance and denial.

If you’d like some help with your Chase loan modification, just visit the links below.  This company can perform the instant loan modifications as well as traditional Chase modifications with no upfront fees.