Hurricane Disaster Victims Relief
The tragedies that have resulted from Hurricane Katrina are almost impossible to grasp. I am currently trying to gather information on what type financial and credit help is being offered victims with regard to their home mortgages and other credit accounts. I will post any information I get right away!
Those who had homes in the designated disaster areas with Wells Fargo mortgages should know that as of September 1, the representative I spoke with said the company was placing a 90 day suspension on mortgage payments, late fees and negative credit reports. The company rep also indicated that this was an initial relief effort and additional and/or expanded assistance would probably be established within the next two months.
Additional information will be posted as soon as it’s available! Our thoughts, concern and prayers are with all victims and their families!