MAKING MORTGAGE CHANGES? GO SLOW!

The telephone rings at 9 PM on a Saturday night and it's a tele-schemer who calls me "Ellin." and doesn't pause to take a breath. My cell phone receives text messages from telemarketers and since I do not text, I do not know how to retrieve them, do not look at them and I get charged, by my cell phone carrier, for the unsolicited text. I don't get it. I'm on the 800 number list that stops unwanted solicitations from coming into my home and cell phones. Is it that one scam is connected to another scam? In this frustrating numerology #2 Universal Year of "problems with details and delays", it seems that frauds abound. Or is it that details are ignored, handled carelessly and cause delays and nothing works the way it's supposed to?

Calls come from carpet cleaning and air conditioner service companies and banks. Service companies just keep talking when I say, "no thanks." However, telemarketers recorded messages catch me by surprise and I'm too slow - they slide in before I can drop the receiver. "Last chance to reduce your credit card interest rates. This is your third warning. This is your final notice. Call immediately" is recorded on my answering machine. There's urgency in the phone voice. Listening to the message, I have no idea which credit card, which bank and who is calling - and, decide it's another scam. I'll do nothing and wait for details to come in.

There are bank letters promising short term 0% or a year at 4.99% on credit card balances - if you transfer from another bank. The transfer fee is 3%. That about covers the savings on the 0 or 4.99% for the time frame the bargain is offered. A scam...from my bank?

Real Estate money handlers are desperate or very wily. The new twist from mortgage service companies promises that when you stop paying your mortgage, await foreclosure on your house, that's the time that you can cut your mortgage balance and/or your mortgage interest rate. With Obama's Stimulus seeping into banks and home sales dim, foreclosures are not supposed to be in the best interest of mortgage holding banks and they are reported to be eager to make adjustments. If that's true, why can't I get a live person when I phone or a live person to phone me when I leave a message?

And, walking away from a loan and filing for bankruptcy has reduced "bad-credit-no-credit" repercussions? Filing for bankruptcy meant bad credit for 7 years...it's either 5 or 2 now depending upon who gives the information. You can cut your mortgage balance or interest rate by dealing with a mortgage broker - not the bank.? Most mortgage brokers are were wealthy real estate agents yesterday and are broke mortgage hucksters today. Of their necessity, they've switched the details of their business.

Details are not consistent. Although,according to advertised "foreclosure specialists", the rules change quickly and there is no longer a negative onus to walking away from debt . Numerologist cynic or psychic, I know bad credit ratings follow. Although, nothing moves quickly in 2009, numerology's #2 Universal Year, a bad credit rating goes on speed-dial.

Walking away from debt, changes your life for 7,5 or maybe 2 years: Think through the details of handling your money or lack of it. Details are the key to making plans gel. Don't get hustled to speed-read and move quickly or you may miss the fine print, handle details carelessly, cause delays and plans will not work out the way you want them to. The turtle beat the hare: Slow and steady may win your case!