Abusing Credit Card Marketing and Foreclosure Help
There are many credit card companies, mostly smaller ones, that are actively marketing that they can offer foreclosure help. They market themselves as solutions for when homeowners cannot afford to pay for their mortgage payments.
They offer money or loans that people can get at the expense of extremely high interest rates. This is not a refinance but the interest rates can be outrageously high and no one would be able to catch up.
Eventually the people would have to default again making things worse. It is a tough world out there with so many companies pretending to be solutions for hard times.
